Wesson Daniel N 4

What Happened
Daniel N. Wesson, Executive Vice President & Chief Operating Officer of Diamondback Energy, sold 5,000 shares of Diamondback common stock in an open-market transaction on March 20, 2026. The weighted average sale price was $191.96 per share, for total proceeds of approximately $959,776. This was a sale (S) — sales by insiders are often routine liquidity events and do not by themselves indicate a change in company fundamentals.

Key Details

• Transaction date: March 20, 2026 (reported on Form 4 filed March 24, 2026). Filing was timely.
• Transaction type: Open-market sale (code S).
• Shares sold: 5,000; weighted average price: $191.96; total proceeds ≈ $959,776.
• Price range (per footnote): individual sale prices ranged from $191.9301 to $192.111; the reported $191.96 is a weighted average. The filer offers to provide a full breakdown of shares sold at each price on request.
• Shares owned after transaction: Not reported on this filing.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation was disclosed in this filing.

Context
Insider sales are commonly used for diversification or liquidity and are not definitive signals about management’s view of the company. This report documents a single open-market sale of roughly $960k by a senior executive; retail investors may note the size but should combine this with other fundamental and market information before drawing conclusions.