Chad McAllaster - 01 Mar 2025 Form 4 Insider Report for Diamondback Energy, Inc. (FANG)

Signature
/s/ Teresa L. Dick, as attorney-in-fact for Chad McAllaster
Issuer symbol
FANG
Transactions as of
01 Mar 2025
Net transactions value
-$71,373
Form type
4
Filing time
04 Mar 2025, 20:58:24 UTC
Previous filing
10 Sep 2024
Next filing
03 Mar 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FANG Common Stock Award $0 +3,241 +3241% $0.000000 3,341 01 Mar 2025 Direct F1, F2
transaction FANG Common Stock Tax liability $71,373 -449 -13% $158.96 2,892 01 Mar 2025 Direct F2, F3
* 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 shares of common stock are jointly owned by the reporting person and his spouse.
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 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.