Form 144 | Diamondback Energy(FANG.US) Officer Proposes to Sell 4.89 Million in Common Stocks

moomoo News · May 16 17:03

SEC FILLINGS DISCLOSED/ May 16, $Diamondback Energy (FANG.US)$ Officer Van't Hof Matthew Kaes intends to sell 25,000 shares of its common stock on May 16, with a total market value of approximately $4.89 million.

Van't Hof Matthew Kaes has reduced shareholding in $Diamondback Energy (FANG.US)$ by 12,000 shares since Mar 20, 2024, with a total value of approximately $2.29 million.

Source: Announcement

What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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Form 144 | Diamondback Energy(FANG.US)高管拟出售2.5万股股份，价值约489.23万美元

Form 144 | Diamondback Energy(FANG.US) Officer Proposes to Sell 4.89 Million in Common Stocks

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