Diamondback (FANG) EVP Matt Zmigrosky Sells 2,500 Shares

What Happened
Matt Zmigrosky, Executive Vice President and Chief Legal & Administrative Officer of Diamondback Energy (FANG), sold 2,500 shares in an open-market transaction on August 14, 2026. The weighted average sale price was $202.77 per share, for total proceeds of approximately $506,930. This was a sale (S), which is often routine and does not by itself indicate a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-08-14; Form 4 filed: 2026-08-17 (filed within the required reporting window).
• Price: weighted average $202.77; reported per-share range $202.6701–$202.89 (footnote says the reporter can provide exact breakdown on request).
• Shares sold: 2,500; total proceeds ≈ $506,930.
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: S = Sale (open-market).
• Footnote: F1 notes the price is a weighted average across multiple trades and offers to disclose the number sold at each price upon request.

Context
Sales by executives can be for many routine reasons (diversification, liquidity, tax planning) and are not definitive signals of company performance. Purchases tend to be more directly interpreted as bullish; a single open-market sale should be viewed as informational but not conclusive.