Teresa L. Dick - 01 Mar 2025 Form 4 Insider Report for Diamondback Energy, Inc. (FANG)

Signature
/s/ Teresa L. Dick
Issuer symbol
FANG
Transactions as of
01 Mar 2025
Net transactions value
-$2,002,260
Form type
4
Filing time
04 Mar 2025, 20:57:42 UTC
Previous filing
19 Feb 2025
Next filing
19 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FANG Common Stock Award $0 +5,575 +6.3% $0.000000 94,528 01 Mar 2025 Direct F1
transaction FANG Common Stock Award $0 +23,070 +24% $0.000000 117,598 01 Mar 2025 Direct F2
transaction FANG Common Stock Tax liability $1,616,464 -10,169 -8.6% $158.96 107,429 01 Mar 2025 Direct F3
transaction FANG Common Stock Tax liability $147,515 -928 -0.86% $158.96 106,501 01 Mar 2025 Direct F4
transaction FANG Common Stock Tax liability $107,934 -679 -0.64% $158.96 105,822 01 Mar 2025 Direct F5
transaction FANG Common Stock Tax liability $130,347 -820 -0.77% $158.96 105,002 01 Mar 2025 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2025.
F2 These securities are performance-based restricted stock units for the performance period from January 1, 2022 to December 31, 2024 that were granted under the issuer's equity incentive plan on March 1, 2022. All of these performance-based restricted stock units vested as of December 31, 2024 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2025.
F3 The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on March 1, 2022 and vested as of December 31, 2024 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2025.
F4 The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2025 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2023. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2025.
F5 The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2025 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2025.
F6 The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2025 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2025.