Stice Travis D. 4
4 · Diamondback Energy, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Diamondback Exec Chairman Travis Stice Receives RSUs; Shares Withheld
What Happened
- Travis D. Stice, Executive Chairman and Director of Diamondback Energy (FANG), was issued two awards totaling 99,218 restricted stock units (RSUs) on March 1, 2026 (acquired at $0.00). To satisfy tax withholding obligations tied to the vesting/settlement of those RSUs, Diamondback withheld/disposed 41,575 shares on the same date at a reported per-share amount of $174.08, resulting in aggregate withholding proceeds of approximately $7,237,376.
Key Details
- Transaction date: March 1, 2026 (Form 4 filed March 3, 2026).
- Awards: 18,200 RSUs and 81,018 RSUs granted/settled at $0.00 acquisition price.
- Withheld/Disposed (tax withholding): 31,884; 2,881; 4,422; and 2,388 shares — total 41,575 shares × $174.08 = ~$7.24M.
- Footnotes:
- F1–F2: These are restricted stock units — time-based RSUs vest in three equal installments; performance-based RSUs (grant 3/1/2023) vested for the 2023–2025 performance period and settled 3/1/2026 after committee certification.
- F3–F6: The withheld-share counts were determined using the issuer’s closing price on February 27 (footnotes cite 2025 or 2026 dates depending on the tranche).
- F7: Some securities are held through Stice Investments, Ltd., managed by Stice Management, LLC, which Mr. Stice controls.
- Shares owned after transaction: Not specified in the summary provided; see the full Form 4 for aggregate beneficial ownership.
- Timeliness: Form 4 covers March 1 transactions and was filed March 3, 2026; no late filing is indicated in the provided data.
Context
- These were RSU awards and company share-withholdings to satisfy tax liabilities — not open-market sales by the insider. Withholding of shares for taxes (Form 4 code F) is a routine administrative action and does not necessarily indicate a change in insider sentiment.
- Quick glossary: A = Award/Grant; F = Payment of exercise price or tax liability (here, share withholding).
Insider Transaction Report
Form 4
Stice Travis D.
DirectorExecutive Chairman
Transactions
- Award
Common Stock
[F1]2026-03-01+18,200→ 120,345 total - Award
Common Stock
[F2]2026-03-01+81,018→ 201,363 total - Tax Payment
Common Stock
[F3]2026-03-01$174.08/sh−31,884$5,550,367→ 169,479 total - Tax Payment
Common Stock
[F4]2026-03-01$174.08/sh−2,881$501,524→ 166,598 total - Tax Payment
Common Stock
[F5]2026-03-01$174.08/sh−4,422$769,782→ 162,176 total - Tax Payment
Common Stock
[F6]2026-03-01$174.08/sh−2,388$415,703→ 159,788 total
Holdings
- 369,271(indirect: By Stice Investments, Ltd.)
Common Stock
[F7]
Footnotes (7)
- [F1]These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2026.
- [F2]These securities are performance-based restricted stock units for the performance period from January 1, 2023 to December 31, 2025 that were granted under the issuer's equity incentive plan on March 1, 2023. All of these performance-based restricted stock units vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026.
- [F3]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on March 1, 2023 and vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2025.
- [F4]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
- [F5]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
- [F6]The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
- [F7]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.
Signature
/s/ Matt Zmigrosky, as attorney-in-fact for Travis D. Stice|2026-03-03