Diamondback (FANG) Exec. VP Albert Barkmann Withholds 682 Shares

What Happened Albert Barkmann, Executive Vice President and Chief Engineer at Diamondback Energy (FANG), had 682 shares of common stock withheld to satisfy tax withholding obligations when a tranche of time‑based restricted stock units (RSUs) vested and settled on September 10, 2026. The withholding was valued at $202.63 per share, for a total disposition value of $138,194. This was a tax withholding (code F) tied to RSU vesting, not an open‑market sale.

Key Details

• Transaction date: 2026-09-10; Form filed: 2026-09-14.
• Withheld shares: 682 at $202.63 per share; total value shown: $138,194.
• Transaction code: F (shares withheld to satisfy tax withholding obligations).
• Footnote: Shares were withheld to cover tax obligations related to the vesting/settlement of the second tranche of RSUs granted on Sept 10, 2024; the number withheld was based on the closing price on Sept 9, 2026 (per filing).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: filed four days after the transaction date; no late filing flag indicated in the report.

Context This was a routine tax‑withholding disposition associated with vested RSUs (cashless/withholding settlement), not an active sale into the market. Such withholdings are common when equity awards vest and do not by themselves indicate the insider is reducing their economic exposure beyond meeting tax obligations.