Dick Teresa L. 4

What Happened
Teresa L. Dick, Chief Accounting Officer, Executive Vice President and Assistant Secretary of Diamondback Energy (FANG), sold 5,000 shares on June 4, 2026. The shares were disposed at $205.00 each, producing gross proceeds of $1,025,000. The filing reports the transaction as an open-market or private sale (code S). This was a sale (often routine for tax or diversification reasons) rather than a purchase.

Key Details

• Transaction date: 2026-06-04; sale price: $205.00 per share.
• Shares sold: 5,000; gross proceeds: $1,025,000.
• Transaction type reported: Sale (S) — described as "open market or private sale" in the filing.
• Shares owned after the transaction: not provided in the excerpt supplied.
• 10b5-1 plan / tax withholding / other footnotes: none disclosed in the provided filing excerpt.
• Filing date: 2026-06-08 — filed within the typical 2-business-day window for Form 4s (timely).

Context
Sales by executives can be routine (for diversification, liquidity, or personal tax needs) and do not by themselves indicate negative company prospects. Purchases generally carry stronger signals of insider confidence. This report covers a straightforward share sale; no option exercises, gifts, or derivative transactions were reported in the supplied data.