Form 4: Diamondback Energy Director Acquires Restricted Stock Units

Mark Plaumann, a director of Diamondback Energy, acquired 1,417 restricted stock units, which were then assigned to Greyhawke Capital Advisors LLC.

Summary

• On May 21, 2025, Mark Plaumann, a director of Diamondback Energy, Inc., acquired 1,417 restricted stock units.
• These restricted stock units were granted as an annual non-employee director grant under the company's equity incentive plan.
• The units will vest on the earlier of the one-year anniversary of the grant date or the date of the 2026 annual meeting of stockholders.
• Mr. Plaumann assigned all 1,417 restricted stock units to Greyhawke Capital Advisors LLC under the terms of his employment.
• Mr. Plaumann is a managing member of Greyhawke and holds a 50% ownership interest in the company.
• Following the transaction, Mr. Plaumann directly owns 2,302 shares of Diamondback Energy common stock and indirectly owns 10,653 shares through Greyhawke Capital Advisors LLC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies to align the interests of directors and management with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's performance.

Key Dates

Keywords

Diamondback Energy, Director, Restricted Stock Units, Equity Incentive Plan, Greyhawke Capital Advisors, Beneficial Ownership, Form 4, FANG