Form 4: Diamondback Energy Director Darin G. Holderness Acquires Restricted Stock Units
SEC Form 4 Filing
Director Darin G. Holderness acquired 1,417 restricted stock units of Diamondback Energy, Inc. on May 21, 2025.
Summary
- Darin G. Holderness, a director of Diamondback Energy, Inc., acquired 1,417 restricted stock units on May 21, 2025.
- The restricted stock units were granted as an annual non-employee director grant under the company's equity incentive plan.
- These 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.
- Following the transaction, Mr. Holderness directly owns 1,816 shares of Diamondback Energy common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.
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 a director's stock ownership and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Darin G. Holderness acquired 1,417 restricted stock units. |
| 05/22/2025 | Date of Form 4 filing. |
| 2026 Annual Meeting | Restricted stock units vest on the earlier of the one-year anniversary of the grant date or the date of the 2026 annual meeting of stockholders. |
Keywords
Diamondback Energy, Director, Holderness, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, Form 4, FANG
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.