FANG Diamondback Energy, Inc.
Price Chart
Executive Summary
An insider sell cluster of ~$2.05B total value hit Diamondback Energy in a 7-day window, dominated by an SGF FANG Holdings LP block sale of 10M shares ($2.04B) alongside open-market sales by the CEO, CAO, EVP/CLO, and a director. At 3.8% of market cap, the magnitude is extreme and signals a material distribution event.
Key Financial Metrics
Actionable Insight
The SGF block sale alone is 18% of ADV coverage — watch for secondary offering announcements or further distribution by the 10% owner. CEO and CAO selling concurrently at $205 adds to the overhang narrative. Short-term price direction likely negative as market absorbs distribution.
Key Facts
- SGF FANG Holdings LP (10% owner) sold 10,000,000 shares at $204.25 for $2.04B on 2026-06-04
- CEO Matthew Kaes Van't Hof sold 5,000 shares at $205.00 for $1.02M on 2026-06-03
- CAO Teresa L. Dick sold 5,000 shares at $205.00 for $1.02M on 2026-06-04
- EVP/CLO Matt Zmigrosky sold 5,000 shares at $210.00 for $1.05M on 2026-06-03
- Director Mark Lawrence Plaumann sold 500 shares at $196.50 for $98K on 2026-06-09
- Total cluster value ~$2.05B, ~3.8% of $54.6B market cap
- Net direction uniformly sell — zero buy transactions in the cluster
Financial Impact
~$2.05B insider sell cluster representing ~3.8% of market cap — far exceeds the 2% materiality threshold
Risk Factors
- Additional 10% owner selling could pressure shares
- CEO/CAO sales at same price point may signal peak valuation view
- Cluster volume could overwhelm normal liquidity — ~18 days of average volume from SGF trade alone
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FANG-1781122145076 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
2d ago
|
Insider Cluster
| $196.58 awaiting T+1 | awaiting T+1 | — | $192.13 (+2.26%) |
|
Jun 8, 2026
4d ago
|
Insider Cluster
| $198.18 awaiting T+1 | awaiting T+1 | — | $192.13 (+3.05%) |
|
Jun 5, 2026
7d ago
|
Insider Cluster
| $202.50 awaiting T+1 | awaiting T+1 | — | $192.13 (+5.12%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $202.50 awaiting T+1 | awaiting T+1 | — | $192.13 (−5.12%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $210.42 $202.44 | ▼ −3.79% | ▼ −4.19% | $192.13 (−8.69%) |
|
May 20, 2026
23d ago
|
8-K
| $200.42 $200.81 | ▲ +0.19% | ▼ −0.25% | $192.13 (−4.14%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $204.31 $200.42 | ▼ −1.90% | ▼ −2.10% | $192.13 (−5.96%) |
|
May 4, 2026
5w ago
|
8-K
| $205.40 $195.00 | ▼ −5.06% | ▼ −6.45% | $192.13 (−6.46%) |
|
May 4, 2026
5w ago
|
Press Release
| $205.40 $195.00 | ▼ −5.06% | ▼ −6.45% | $192.13 (−6.46%) |
|
Apr 13, 2026
8w ago
|
8-K
| $186.49 $185.83 | ▼ −0.35% | ▼ −1.13% | $192.13 (+3.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access