FANG CEO Hof Matthew Kaes Van'T sold 15,000 shares in 2 transactions for $3,125,000.00 on 2026-06-03
CEO Hof Matthew Kaes Van'T executed 2 separate sales totaling 15,000 shares (15.0K shares) for $3,125,000.00 (blended average price $208.33) on 2026-06-03, reducing his holdings from 148,614 shares to 133,614 shares post-transaction. The sales occurred near the 52-week high (current price $202.94 is -5.4% from 52-week high of $214.51), and at prices ($205.00 and $210.00) above the current trading level. His prior 5 sales at FANG show mixed timing outcomes: 3 of 5 were well-timed at the 90-day mark, with his most recent sale on 2026-03-06 followed by a 90-day return of +16.4%, suggesting his prior sells at this ticker have not consistently preceded declines. The cross-ticker track record shows 11 prior sells with a 90d well-timed rate of 55.56%, indicating marginally better-than-random timing discipline historically. With a P/E of 200.93 and net income of only $25,000,000.00 against $4.2B quarterly revenue, the valuation warrants investor attention alongside the insider's equity reduction.