Trade Summary

2 days ago, SGF FANG Holdings, LP, serving as 10% owner Owner at Diamondback Energy, Inc. (FANG), sold 10,000,000 shares at $204.25 per share, for a total transaction value of $2,042,500,000.00. Following this transaction, SGF FANG Holdings, LP now holds 74,036,722 shares of FANG.

This sale represents a 11.90% decrease in SGF FANG Holdings, LP's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, June 4, 2026 and publicly disclosed via SEC Form 4 filing on Friday, June 5, 2026 at 4:05 PM ET, 1 day after the trade was made.

Diamondback Energy, Inc. operates in the ENERGY sector, specifically within the OIL & GAS E&P industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.