Form 4: Diamondback Energy Director Mark Plaumann Increases Direct Shareholding Through Greyhawke Distribution

Diamondback Energy, Inc. Director Mark Lawrence Plaumann reported an increase in his direct beneficial ownership of common stock through an in-kind distribution from Greyhawke Capital Advisors LLC.

Summary

• Mark Lawrence Plaumann, a Director of Diamondback Energy, Inc. (FANG), reported changes in his beneficial ownership of the company's common stock.
• On June 19, 2025, Mr. Plaumann acquired 2,965 shares of FANG common stock directly.
• This acquisition was an in-kind distribution from Greyhawke Capital Advisors LLC, occurring during the issuer's open trading window.
• The transaction price for these shares was $0, indicating a distribution rather than a direct purchase.
• Following this transaction, Mr. Plaumann directly owns 5,267 shares of FANG common stock.
• He also indirectly owns 7,688 shares through Greyhawke Capital Advisors LLC.
• Mr. Plaumann's indirect ownership stems from his role as a managing member of Whisper Manager LLC (Greyhawke's manager) and his 50% membership interest in Greyhawke, along with special allocation provisions in the Amended Greyhawke LLC Agreement.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director increased his direct shareholding, aligning interests with shareholders. However, the acquisition was via a distribution at $0, not an open market purchase, which slightly tempers the positive signal.

Positives

• Director Mark Plaumann increased his direct beneficial ownership of Diamondback Energy common stock by 2,965 shares, aligning his interests more closely with shareholders.
• The transaction occurred during the issuer's open trading window.

Negatives

• The shares were acquired at a price of $0, indicating a distribution rather than a direct purchase, which might be perceived differently than an open market buy.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing. The risks are inherent to the nature of the transaction (e.g., valuation of the distribution).

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding Diamondback Energy, Inc.'s future performance or strategic outlook.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends for the energy sector. It reflects an individual director's shareholding changes within Diamondback Energy, Inc.

Corporate Governance

Related Party Transactions

• An in-kind distribution of 2,965 shares of Diamondback Energy common stock from Greyhawke Capital Advisors LLC to Mark Plaumann, a director of Diamondback Energy. Mr. Plaumann is a managing member of Whisper Manager LLC (Greyhawke's manager) and holds a 50% membership interest in Greyhawke, making this a related party transaction.

Stakeholder Impact

• Shareholders: The increase in a director's direct shareholding may be viewed positively as it aligns management's interests with those of shareholders, potentially signaling confidence in the company's future.

Key Dates

Keywords

Diamondback Energy, FANG, SEC Form 4, Insider Trading, Beneficial Ownership, Mark Plaumann, Director, Equity Distribution, Greyhawke Capital Advisors