Diamondback Energy (FANG) CAO sells 5,000 shares, holds 102,755
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diamondback Energy, Inc. chief accounting officer Teresa L. Dick reported an open-market sale of 5,000 shares of common stock at $193 per share. After this transaction, she directly holds 102,755 shares of Diamondback Energy common stock, indicating she retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($965,000)
Net Sell
1 txn
Insider
Dick Teresa L.
Role
CAO, Exec. VP, Assist. Sec.
Sold
5,000 shs ($965K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $193.00 | $965K |
Holdings After Transaction:
Common Stock — 102,755 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Diamondback Energy (FANG) report for Teresa L. Dick?
Diamondback Energy reported that CAO Teresa L. Dick executed an open-market sale of 5,000 shares of common stock. This transaction was disclosed in a Form 4 insider report detailing her updated ownership position after the sale.
Was the Diamondback Energy (FANG) insider transaction a derivative exercise or a stock sale?
The transaction was a stock sale, not a derivative exercise. The Form 4 identifies it as a non-derivative transaction in common stock, coded as an open-market sale of 5,000 shares at $193 per share.
What is Teresa L. Dick’s role at Diamondback Energy (FANG) mentioned in the Form 4?
The Form 4 lists Teresa L. Dick as an officer of Diamondback Energy, serving as Chief Accounting Officer, Executive Vice President, and Assistant Secretary. Her transaction reflects insider activity by a senior finance executive at the company.