Form 4: Diamondback Energy Director Sells Shares
Insider Transaction (Form 4)
Charles Alvin Meloy, a Director of Diamondback Energy, Inc., sold 33,333 shares of common stock on August 3, 2026.
Summary
- Open-market sale: disposed of 3,986 Common Stock at $197.06 ($785,474) on August 3, 2026; holds 847,544 after (Indirect).
- Open-market sale: disposed of 7,562 Common Stock at $197.91 ($1,496,611) on August 3, 2026; holds 839,982 after (Indirect).
- Open-market sale: disposed of 19,055 Common Stock at $198.74 ($3,786,972) on August 3, 2026; holds 820,927 after (Indirect).
- Open-market sale: disposed of 2,730 Common Stock at $199.44 ($544,482) on August 3, 2026; holds 818,197 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $6,613,538 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Charles Alvin Meloy — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-03 | Open-market sale | Common Stock | 3,986 | $197 | $785.5K | 847,544 |
| 2026-08-03 | Open-market sale | Common Stock | 7,562 | $198 | $1.5M | 839,982 |
| 2026-08-03 | Open-market sale | Common Stock | 19,055 | $199 | $3.8M | 820,927 |
| 2026-08-03 | Open-market sale | Common Stock | 2,730 | $199 | $544.5K | 818,197 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-03 | Open-market sale (3,986 shares) |
| 2026-08-03 | Open-market sale (7,562 shares) |
| 2026-08-03 | Open-market sale (19,055 shares) |
| 2026-08-03 | Open-market sale (2,730 shares) |
Keywords
insider transaction, Form 4, FANG, Diamondback Energy, Inc., bearish, Charles Alvin Meloy
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