Matthew Kaes Van’T Hof, Chief Executive Officer of Diamondback Energy, Inc. (NASDAQ:FANG), sold 10,000 shares of common stock on Aug. 20, 2026, according to a recent SEC Form 4 filing.
Transaction summary Transaction value based on SEC Form 4 weighted average sale price ($214.66); post-transaction value based on Aug. 20, 2026, market close ($211.02)
Key questions – What were the execution details of this sale? The shares were sold in multiple transactions at prices ranging from $214.015 to $215.07 per share on Aug. 20, 2026, resulting in a weighted average price of $214.66. – How much direct equity does the CEO retain in the firm? Following this transaction, Matthew Kaes Van’T Hof directly holds ~116,000 shares of common stock, representing a total beneficial ownership stake of 0.0412%. – What is the current market valuation and operational scale of the company?
As of the Aug. 21, 2026 market close, the Midland-based energy firm maintains a market capitalization of $59.3 billion and generated trailing-twelve-month revenue of $17.1 billion. – In what pricing context did this transaction occur? The sale was executed at $214.66, approximately 53% higher than its level one year prior to the transaction date. Company Overview Company Snapshot – Diamondback Energy engages in the acquisition, development, exploration, and production of unconventional and onshore oil and natural gas reserves, with primary operations concentrated in the Permian Basin across West Texas and New Mexico, targeting formations including the Spraberry, Wolfcamp, and Bone Spring. – The company generates revenue through the extraction and sale of crude oil and natural gas, operating an integrated upstream business model that captures value across the full hydrocarbon production lifecycle, from exploration through commercialization. – Diamondback serves global energy markets and downstream customers, including refineries, petrochemical facilities, and energy traders, positioning itself within the…