Brooks Vincent K 4
Research Summary
AI-generated summary
Diamondback (FANG) Director Brooks Receives 982 RSU Award
What Happened
Brooks Vincent K, a director of Diamondback Energy, was granted 982 restricted stock units (RSUs) on 2026-05-20. The RSUs were awarded at $0.00 per unit (reported value $0) as an annual non-employee director grant under the company's equity incentive plan. Each RSU represents a contingent right to one share and will vest on the earlier of the one-year anniversary of grant or the date of the 2027 annual meeting. The RSUs were assigned to VKB Solutions LLC, of which Brooks is the sole member. This was an equity award (compensation), not a market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-21.
- Transaction type/code: Award/Grant (A) — 982 RSUs @ $0.00; total reported acquisition value $0.
- Vesting: Earlier of 1-year anniversary or 2027 annual meeting (footnote F1).
- Assignment: Shares assigned to VKB Solutions LLC (Brooks is sole member) (footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Filed the next day; no late-filing flag shown.
Context
RSUs are contingent awards that convert to actual shares only upon vesting; they are commonly used for director compensation and do not indicate an immediate cash investment or sale. Such routine grants are more about aligning directors with shareholder interests than signaling a short‑term market view.