Form 4: Diamondback Energy Director Reeves Reports Transaction in Company Stock
SEC Form 4 Filing
Director Robert K. Reeves reports acquiring and disposing of Diamondback Energy (FANG) common stock on November 8, 2024.
Summary
- On November 8, 2024, Robert K. Reeves, a director of Diamondback Energy, Inc. (FANG), engaged in a transaction involving the company's common stock.
- Reeves acquired 2,832 shares of common stock at a price of $180 per share.
- Reeves also disposed of 3,667 shares of common stock.
- Following the reported transaction, Reeves beneficially owns 3,667 shares of Diamondback Energy.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how investors interpret the director's stock activity.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of stock transaction (acquisition and disposition) |
| 11/12/2024 | Date of signature on the Form 4 filing |
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