WEST STEVEN E 4

What Happened
Steven E. West, a non-employee director of Diamondback Energy, was granted 982 restricted stock units (RSUs) on May 20, 2026. The Form 4 reports the acquisition price as $0.00 (total reported $0). This grant was reported as an award (code A) and is part of the company’s director compensation program.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (appears timely).
• Transaction type: Award/Grant (A).
• Amount: 982 RSUs @ $0.00 (reported acquisition value $0).
• Vesting: RSUs vest on the earlier of the one-year anniversary of the grant or the date of the 2027 annual meeting of stockholders (per filing footnote).
• Footnote: Each RSU is a contingent right to receive one share of common stock; granted as the annual non-employee director award under the issuer’s equity incentive plan.
• Shares owned after transaction: Not specified in the provided filing.

Context
RSU grants to non-employee directors are routine compensation meant to align directors with shareholders; they are not open-market purchases or sales and should not be read as a direct trading signal. The ultimate economic value depends on Diamondback’s share price at vesting and applicable tax/withholding rules.