Thompson Jere W III 4
Research Summary
AI-generated summary
Diamondback (FANG) CFO Jere W. Thompson III Sells 750 Shares
What Happened
Jere W. Thompson III, Chief Financial Officer and Executive Vice President of Diamondback Energy (FANG), sold 750 shares in an open-market transaction on March 6, 2026. The shares were disposed at $181.68 per share for proceeds of approximately $136,260. This was a sale (transaction code S), which is often routine and does not by itself indicate a change in sentiment.
Key Details
- Transaction date: March 6, 2026; Price: $181.68 per share; Shares sold: 750; Total proceeds: ~$136,260.
- Transaction type: Sale (S) — reported as open-market/private sale.
- Shares owned after transaction: Not specified in the provided summary of the filing (see the full Form 4 for holdings).
- 10b5-1 plan / footnotes: No 10b5-1 plan or special footnotes were disclosed in the provided transaction summary.
- Filing timeliness: Form filed March 10, 2026. The filing appears timely (Form 4 is due within two business days of the transaction).
Context
Sales by executives can reflect personal liquidity needs, diversification, or routine selling and are generally less informative than insider purchases. For a complete view, compare this sale with recent insider transactions and the executive’s remaining holdings on the full Form 4.