Form 4: Director Mark Plaumann Receives Diamondback Energy Grant

Director Mark Plaumann was granted 982 restricted stock units as part of Diamondback Energy's annual non-employee director compensation.

Summary

• Director Mark Plaumann acquired 982 restricted stock units (RSUs) on May 20, 2026.
• The RSUs represent a contingent right to receive one share of common stock each.
• The grant is part of the company's annual non-employee director equity incentive plan.
• The units vest on the earlier of the one-year anniversary of the grant or the 2027 annual meeting of stockholders.
• The reporting person also disclosed a transfer of 7,688 shares of common stock exempt from reporting under Rule 16a-13.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation and internal share transfers, which carries no significant market sentiment.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Standardized annual equity grant process for non-employee directors.

Negatives

• None identified in this filing.

Risks

• Vesting of equity is subject to the director's continued service until the 2027 annual meeting or the one-year anniversary.

Future Outlook

The RSUs are scheduled to vest on the earlier of the one-year anniversary of the grant date or the 2027 annual meeting of stockholders.

Industry Context

StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard corporate governance practice in the energy sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with compensation practices at peer companies like EOG Resources and Pioneer Natural Resources.
• The one-year vesting schedule is standard for annual director equity awards in the S&P 500.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation.
• Director: Increased equity stake in the company.

Next Steps

• Vesting of the 982 RSUs on or before the 2027 annual meeting of stockholders.

Key Dates

Keywords

Diamondback Energy, FANG, Director Compensation, Restricted Stock Units, Insider Transaction, SEC Form 4