Diamondback Energy (FANG) CFO Jere W. Thompson III Sells 500 Shares

What Happened

Jere W. Thompson III, CFO and Executive Vice President of Diamondback Energy (FANG), reported the sale of 500 shares on August 14, 2026. The shares were sold at $204.14 each, for total proceeds of $102,070. The Form 4 reporting this transaction was filed on August 17, 2026.

Key Details

• Transaction date: 2026-08-14
• Transaction type: Sale (open market or private sale)
• Price per share: $204.14
• Shares sold: 500
• Total value: $102,070
• Form 4 filed: 2026-08-17 (reports the Aug 14 sale)
• Shares owned after transaction: Not provided in the details supplied
• Footnotes/plan info: No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary data

Context

This was a straightforward sale by a company executive. Sales by insiders can be routine (diversification, tax planning, liquidity) and do not by themselves indicate a change in company fundamentals. For retail investors, purchases generally carry more signal value than isolated sales; this single, modest-sized sale should be considered in the broader context of other insider activity and company performance.