Price / Share
$181.15
Shares
62,808
Type
Sale
Security
Common Stock
AI Analysis
Diamondback Energy Executive Chairman Travis D. Stice sold 62,808 shares on March 6, 2026 at $181.15 per share, a transaction worth about $11.38 million. As executive chairman, Stice is one of the company’s most senior leaders, so his open-market sale is a notable insider event because it represents a discretionary decision to reduce personal exposure at a publicly traded price, rather than a company-granted award.
This sale also matters because it was part of a broader cluster of insider selling on the same day. Other executives and directors reported sales on March 6, including CEO Matthew Kaes Van’t Hof ($1.81M), CAO Teresa L. Dick ($544K), Daniel N. Wesson ($3.59M), and Jere W. Thompson III ($136K). When multiple insiders sell around the same time, investors often pay attention because it can reflect shared timing around a trading window or coordinated liquidity planning, even if individual motivations vary.
In the days leading up to these sales, insiders, including Stice, received share awards on March 1, 2026. Those awards were not open-market buys, but they can increase share holdings and are sometimes followed by sales to cover taxes or rebalance portfolios. The key takeaway from the last 30 days is that activity has been one-sided—several insiders selling, with no reported open-market insider buying in the provided data.
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Insider
Stice Travis D.
Title
Executive Chairman
Filed with SEC
Mar 6, 2026, 12:00 AM
Accession #
0001539838-26-000042