Mark L. Plaumann - 12 Nov 2024 Form 4 Insider Report for Diamondback Energy, Inc. (FANG)

Role: Director
Signature: /s/ Teresa L. Dick, as attorney-in-fact for Mark L. Plaumann
Issuer symbol: FANG
Transactions as of: 12 Nov 2024
Net transactions value: -$251,590
Form type: 4
Filing time: 14 Nov 2024, 17:14:33 UTC
Previous filing: 10 Jun 2024
Next filing: 09 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FANG	Common Stock	Other	$0	-11,724	-55%	$0.000000	9,476	12 Nov 2024	By Greyhawke Capital Advisors LLC	F1, F2
transaction	FANG	Common Stock	Other	$0	+5,862		$0.000000	5,862	12 Nov 2024	Direct	F1
transaction	FANG	Common Stock	Sale	$208,150	-1,150	-20%	$181.00	4,712	13 Nov 2024	Direct
transaction	FANG	Common Stock	Gift	$0	-2,310	-49%	$0.000000	2,402	13 Nov 2024	Direct
transaction	FANG	Common Stock	Sale	$43,440	-240	-2.5%	$181.00	9,236	13 Nov 2024	By Greyhawke Capital Advisors LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were distributed by Greyhawke Capital Advisors LLC ("Greyhawke") in a partial in-kind distribution to Mr. Plaumann and the Martin and Selma Rosen GST Trust FBO Robert Rosen and Descendants U/A December 15, 2015 (the "MS Trust") proportionate to their respective membership interests in Greyhawke (the "Distribution"). Mr. Plaumann holds a 50% ownership interest in Greyhawke and, as a result, received 5,862 shares in the Distribution. Mr. Plaumann is the trustee of the MS Trust. Mr. Plaumann, however, is not a beneficiary of the MS Trust, and disclaims any pecuniary interest in the 5,862 shares distributed by Greyhawke to the MS Trust in the Distribution. The Distribution did not involve a purchase or a sale of securities or any additional consideration, and did not result in a change in Mr. Plaumann's pecuniary interest in the shares.
F2	The remaining shares held by Greyhawke were previously assigned by Mr. Plaumann to Greyhawke under the terms of his employment with Greyhawke. As a managing member of Greyhawke and a holder of a 50% membership interest therein, Mr. Plaumann may be deemed to have a pecuniary interest in the securities held by Greyhawke.

Content

These shares were distributed by Greyhawke Capital Advisors LLC ("Greyhawke") in a partial in-kind distribution to Mr. Plaumann and the Martin and Selma Rosen GST Trust FBO Robert Rosen and Descendants U/A December 15, 2015 (the "MS Trust") proportionate to their respective membership interests in Greyhawke (the "Distribution"). Mr. Plaumann holds a 50% ownership interest in Greyhawke and, as a result, received 5,862 shares in the Distribution. Mr. Plaumann is the trustee of the MS Trust. Mr. Plaumann, however, is not a beneficiary of the MS Trust, and disclaims any pecuniary interest in the 5,862 shares distributed by Greyhawke to the MS Trust in the Distribution. The Distribution did not involve a purchase or a sale of securities or any additional consideration, and did not result in a change in Mr. Plaumann's pecuniary interest in the shares.

The remaining shares held by Greyhawke were previously assigned by Mr. Plaumann to Greyhawke under the terms of his employment with Greyhawke. As a managing member of Greyhawke and a holder of a 50% membership interest therein, Mr. Plaumann may be deemed to have a pecuniary interest in the securities held by Greyhawke.