Zmigrosky Matt 4
Research Summary
AI-generated summary
Diamondback (FANG) EVP Matt Zmigrosky Sells 4,101 Shares
What Happened
- Matt Zmigrosky, Executive Vice President and Chief Legal & Administrative Officer of Diamondback Energy (FANG), sold 4,101 shares in an open-market transaction on March 18, 2026.
- The weighted average sale price was $190.51 per share, for gross proceeds of approximately $781,293. This sale is reported as a disposition (code S) and is a sale — not a purchase or exercise.
Key Details
- Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-19 — filed timely).
- Price: weighted average $190.51; individual trade prices ranged from $190.48 to $190.68 (per footnote).
- Shares sold: 4,101; proceeds: ~$781,293.
- Shares owned after transaction: Not specified in the information provided in this summary/filing excerpt.
- Footnote: The filing states the reported price is a weighted average and offers to provide the number of shares sold at each specific price upon request.
- No 10b5-1 plan, tax withholding, or other special codes were disclosed in the transaction details provided.
Context
- This was a routine open-market sale by an executive. Sales do not necessarily indicate negative views; they can reflect diversification, tax planning, or liquidity needs. Because this is a sale (not an acquisition or award), it is generally less informative about insider sentiment than purchases.