Form 4: Diamondback Energy Executive VP Albert Barkmann Sells 1,000 Shares
SEC Form 4
Albert Barkmann, Executive VP and Chief Engineer of Diamondback Energy, Inc., sold 1,000 shares of common stock on June 10, 2024, at a price of $194.75 per share.
Summary
- On June 10, 2024, Albert Barkmann, the Executive VP and Chief Engineer of Diamondback Energy, Inc. (FANG), sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $194.75 per share.
- Following the transaction, Barkmann directly owns 15,162 shares of Diamondback Energy common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event in itself. The sentiment is therefore considered neutral.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This sale represents a small percentage of Barkmann's holdings.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of the stock sale transaction |
| 06/12/2024 | Date of signature for the Form 4 filing |
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