Trade Summary
2 days ago, Diamondback Energy, Inc., serving as Director by Deputization, 10% owner at Viper Energy, Inc. (VNOM), sold 12,391,304 shares at $45.69 per share, for a total transaction value of $566,158,680.00. Following this transaction, Diamondback Energy, Inc. now holds 12,391,304 shares of VNOM.
This sale represents a 50.00% decrease in Diamondback Energy, Inc.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day after the trade was made.
Viper Energy, Inc. operates in the ENERGY sector, specifically within the OIL & GAS MIDSTREAM industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.