Insider trade

10% owner sold ~$305M of FANG shares in the open market

Traded Nov 28, 2025 · Filed Dec 2, 2025

Diamondback EnergyFANG

~$305M
Reported value · 2M sh @ $152.59: 99.7M
Holds after · shares reported: +21.6%
stock since the trade · S&P 500 +11.8%, $152.59 → $185.51 on Oct 1

Why it stands out

A big owner of Diamondback Energy sold $305M of Diamondback Energy shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 28, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 2, 2025

10% owner$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$305,180,000

Shares × reported transaction price

Timing vs results

25 days after results of Nov 3, 2025, 45 days before results of Jan 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $152.59 on Nov 28, 2025, 28% above its 52-week low and 15% below its high, after a 9% rise over the previous 30 trading days

52-week range $119.25 (Apr 8, 2025) to $180.18 (Jan 17, 2025), 55% of the way up, from 250 adjusted closes. 30 trading days earlier: $139.44 on Oct 16, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.2%	+0.5%	+0.7%
30 days	-3.8%	-0.1%	-3.7%
90 days	+12.1%	-0.5%	+12.6%
180 days	+25.7%	+10.9%	+14.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001140361-25-044029
Filed / recorded: Dec 2, 2025, 10:02 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Diamondback Energy, Inc.
Issuer CIK: 1539838
Ticker: FANG
Reporting person: SGF FANG Holdings, LP
Relationship: 10% owner
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 28, 2025
Transaction code: S
Shares / units: 2,000,000
Price per share: $152.59
Acquired / disposed: Disposed (D)
Shares owned after: 99,686,727
Ownership form: Direct
Amendment: No

Footnotes from the filing

Pursuant to a letter agreement, dated November 28, 2025, by and between Diamondback Energy, Inc., a Delaware corporation (the "Company"), and SGF FANG Holdings, LP, a Delaware limited partnership ("SGF FANG"), SGF FANG sold 2,000,000 shares of common stock to the Company at the November 28, 2025 closing price of the common stock on Nasdaq. Mrs. Greth is the ultimate beneficial owner of the shares held of record by SGF FANG and indirectly controls SGF Capital, LLC, its general partner.