Filing Details

Accession Number:
0001539838-24-000214
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-09 16:39:21
Reporting Period:
2024-12-05
Accepted Time:
2024-12-09 16:39:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1539838 Diamondback Energy Inc. FANG Crude Petroleum & Natural Gas (1311) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559933 D. Travis Stice 500 West Texas Avenue
Suite 100
Midland TX 79701
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-12-05 3,000 $172.51 20,400 No 4 S Indirect TBS Legacy Investments, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect TBS Legacy Investments, Ltd.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 435,593 Indirect By Stice Investments, Ltd.
Footnotes
  1. These securities were sold by TBS Legacy Investments, Ltd. in which the Stice 2023 Children's Trust holds 100% of the limited partnership units. Mr. Stice's adult children are the beneficiaries of the Stice 2023 Children's Trust.
  2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $172.3701 per share to $172.645 per share, inclusive. The reporting person undertakes to provide to Diamondback Energy, Inc., any security holder of Diamondback Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The Stice 2023 Children's Trust for the benefit of Mr. Stice's adult children is the limited partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse serve as the trustees of the Stice 2023 Children's Trust and, as a result, may be deemed to have beneficial ownership of the securities in which their adult children have a pecuniary interest. Further, Stice Management, LLC serves as the general partner of TBS Legacy Investments, Ltd. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
  4. These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.