Diamondback Energy, Inc.·4

Mar 24, 4:10 PM ET

Dick Teresa L. 4

Research Summary

AI-generated summary

Updated

Diamondback Energy (FANG) CAO Teresa L. Dick Sells 5,000 Shares

What Happened

  • Teresa L. Dick, Chief Accounting Officer / Executive VP / Assistant Secretary of Diamondback Energy (FANG), reported a sale of 5,000 shares on 2026-03-20. The shares were disposed at $193.00 each for a total value of approximately $965,000. The transaction is reported under code "S" (sale) and listed as an open-market or private sale.

Key Details

  • Transaction date: 2026-03-20; Price: $193.00 per share; Total proceeds: ~$965,000.
  • Filing date: 2026-03-24 (Form 4 filed two business days after the transaction).
  • Shares owned after the transaction: Not specified in the information provided in this summary.
  • No footnotes, 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the provided filing.

Context

  • This was a straight sale of company stock. Sales by executives are common for liquidity or diversification and do not, by themselves, indicate a change in company fundamentals. Retail investors should view this as an ordinary insider sale unless additional disclosures or patterns suggest otherwise.