10% Owner SGF FANG Holdings Files Proposed Sale of $1.92B in Diamondback Energy ($FANG)
Diamondback Energy, Inc.
Subscribe to track FANG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
📢 Form 144 Notice of Proposed Sale: Diamondback Energy, Inc. ($FANG)
• Filer: SGF FANG Holdings, LP (10% Stockholder) • Shares to Sell: 9,079,675 shares (~3.24% of shares outstanding) • Aggregate Market Value: ~$1.92B ($211.53/share approx.) • Broker: Morgan Stanley & Co. LLC • Approximate Date of Sale: September 16, 2026 • Origin of Shares: Acquired on 09/10/2024 as merger consideration in the Endeavor Parent, LLC acquisition.
Comprehensive Analysis
Executive Summary
On September 16, 2026, SGF FANG Holdings, LP, a 10% stockholder of Diamondback Energy, Inc. ($FANG), filed a Form 144 notice of proposed sale covering 9,079,675 shares of common stock through Morgan Stanley & Co. LLC. The aggregate market value of the proposed transaction is $1,920,623,653, implying a price per share of approximately $211.53.
Key Transaction Highlights
- Significance Level: High. The proposed sale represents approximately 3.24% of Diamondback Energy's 280,024,353 total shares outstanding and involves nearly $2 billion in equity value.
- Source of Shares: The securities were originally acquired on September 10, 2024, as equity consideration for the acquisition of Endeavor Parent, LLC, from which SGF FANG Holdings received an aggregate of 114,899,378 shares.
- Prior 3-Month Activity: The reporting entity indicates no other common stock sales during the preceding three months.
- Execution Broker: Morgan Stanley & Co. LLC.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.