Insider trade

Director sold ~$741K of FANG shares in the open market

Traded May 8, 2026 · Filed May 11, 2026

~$741K
Reported value · 3,909 sh @ $189.5616: 935K
Holds after · shares reported: -1.7%
stock since the trade · S&P 500 +3.6%, $188.70 → $185.51 on Oct 1

Why it stands out

A board member of Diamondback Energy sold $741K of Diamondback Energy shares. It was planned long ago, so it says very little.

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: May 8, 2026
Reporting period: Not applicable
Filed with the SEC: May 11, 2026

DirectorIndirect holding$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$740,996

Shares × reported transaction price

Timing vs results

4 days after results of May 4, 2026, 66 days before results of Jul 13, 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 $188.70 on May 8, 2026, 40% above its 52-week low and 12% below its high, after a 7% drop over the previous 30 trading days

52-week range $134.53 (Sep 15, 2025) to $213.69 (May 4, 2026), 68% of the way up, from 251 adjusted closes. 30 trading days earlier: $202.19 on Mar 26, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.8%	-0.6%	+5.5%
30 days	-3.3%	-0.1%	-3.3%
90 days	+0.4%	+4.7%	-4.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001539838-26-000079
Filed / recorded: May 11, 2026, 8:09 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: Charles Alvin Meloy
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 8, 2026
Transaction code: S
Shares / units: 3,909
Price per share: $189.5616
Acquired / disposed: Disposed (D)
Shares owned after: 934,864
Ownership form: Indirect — Wolfrock Energy, LLC
Amendment: No

Footnotes from the filing

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Meloy on August 13, 2025.
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $189.195 per share to $190.195 per share, inclusive.
These securities are held directly by Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd. CS Ventures, Ltd. is controlled by its general partner, Meloy Management, LLC, which is controlled by the Reporting Person.