March 1, 2025 · Form 4 insider transaction
McAllaster Chad sold 449 shares of Diamondback Energy, Inc. at $158.96 per share, a transaction worth $71.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2025 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 28, 2025.; These shares of common stock are jointly owned by the reporting person and his spouse.