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EdgarHawk

Matt Zmigrosky

EVP, Chief Legal and Admin Off

Officer

Latest: EVP, Chief Legal and Admin Off selling · June 2026

6 filings analyzed · 1 company · Latest 2026-06-04

Companies

Company Buys Sells Direction
Diamondback Energy, Inc. FANG 0 6 Net selling

Activity

June 2026
low
Sell
5,000 shares
$1,050,000
Significance 4/10

FANG EVP Matt Zmigrosky sold 5,000 shares at $210.00 on 2026-06-03; retains 41.4K shares.

Matt Zmigrosky, EVP Chief Legal and Admin Officer, sold 5,000 shares (10.8% of pre-transaction holdings) at $210.00, near the 52-week high of $214.51. His prior trades at FANG show a mixed timing pattern—2 of 5 prior sells resulted in subsequent 90-day declines—suggesting neither consistent prescience nor consistently poor timing at this ticker. The company reports strong fundamentals with annual revenue growth of +35.8% and $4.2B quarterly revenue, though the P/E ratio of 200.93 reflects a significant valuation premium. The sale size and retention of 41.4K shares indicate a modest reduction rather than a substantial conviction shift, consistent with occasional portfolio adjustments by a senior executive who remains substantially invested.

medium
Sell
5,000 shares
$1,002,700
Significance 5/10

EVP Matt Zmigrosky sold 5,000 shares of FANG at $200.54 (2026-06-01); stock now $202.40, +14.5% in 90 days

Matt Zmigrosky, EVP Chief Legal and Admin Officer, sold 5,000 shares at $200.54 on 2026-06-01, reducing his holdings from 51,392 to 46,392 shares. Over his prior 5 trades at FANG, 2 of 5 were well-timed at the 90-day mark; his cross-ticker track record shows a 50.00% well-timed rate on 7 prior sells. The current stock price of $202.40 is -5.6% from the 52-week high of $214.51, and the stock has posted a +14.5% 90-day return since the transaction date—a return pattern that follows a mixed timing history at this ticker.

May 2026
low
Sell
5,000 shares
$1,000,500
Significance 4/10

EVP Zmigrosky sells 5.0K FANG shares at $200.10; retains 51.4K shares after transaction

Zmigrosky's sale of 5,000 shares represents a modest 8.8% reduction of his reported position, resulting in a transaction value of $1,000,500.50. The sale occurred near the stock's recent trading range, roughly 6.6% below the 52-week high of $214.51. Zmigrosky's historical track record shows mixed timing: 6 prior sells with an average 90-day return of +5.4%, though only 40% of those sales preceded stock declines. The transaction timing coincides with strong recent momentum (+7.4% over 30 days, +18.4% over 90 days), which may reflect portfolio rebalancing rather than conviction-driven selling. With FANG trading at an elevated P/E of 198.28 and the executive retaining 51.4K shares post-sale, this appears to be selective profit-taking rather than a wholesale exit.

March 2026
low
Sell
4,101 shares
$781,293
Significance 3/10

FANG EVP Matt Zmigrosky sold 4,101 shares at $190.51 on 2026-03-18; stock near 52-week high, strong recovery (+28.5% in 90 days).

Matt Zmigrosky, EVP and Chief Legal and Administrative Officer, sold 4,101 shares of Diamondback Energy at $190.51 on 2026-03-18, reducing holdings from 60,493 to 56,392 shares. The sale occurred as the stock approached its 52-week high of $190.31, with the stock up +28.5% over the prior 90 days and +12.9% over 30 days, signaling a period of strong momentum. Across his same-ticker history at FANG, Zmigrosky's timing on prior sells has been mixed: 2 of 3 measurable sales showed positive 90-day returns (the stock subsequently rose), indicating he did not consistently sell before declines. The company's fundamentals remain solid with $3.9B in quarterly revenue, $1.0B net income, and +35.8% annual revenue growth, supporting the elevated stock price. Without additional context on the timing or composition of this trade, the sale reflects a partial position reduction by an officer at a company with sustained financial momentum.

medium
Sell
20,899 shares
$3,761,876
Significance 5/10

EVP Matt Zmigrosky sells 20,899 shares of FANG at $180.00 for $3.8M; held 81,392 pre-sale.

Matt Zmigrosky, EVP and Chief Legal and Admin Officer, sold 20,899 shares at $180.00 on 2026-03-13, reducing his holdings by 25.7% from 81,392 to 60,493 shares. FANG stock has since appreciated to $187.22 (at the 52-week high), representing a modest $7.22 gap between his sale price and current levels. Examining his transaction history at FANG specifically, 2 of his 3 prior measurable sells were followed by 90-day declines (well-timed outcomes), suggesting some pattern of selling into strength; however, the most recent FANG sale on 2025-11-14 was followed by a +13.0% 90-day return, indicating the stock rallied after that sale. The company's fundamentals remain robust, with annual revenue growth of +35.8%, a P/E of 20.94, and net income of $1.0B on quarterly revenue of $3.9B. The sale appears to be a reduction in a still-substantial remaining position rather than a full exit, warranting attention to whether this reflects portfolio rebalancing needs or evolving confidence at current valuations.

November 2025
medium
Sell
3,500 shares
$518,630
Significance 6/10

Chief Legal Officer Matt Zmigrosky sold 3,500 shares of FANG at $148.18 ($518.6K); stock -19.3% from 52-week high.

Matt Zmigrosky, EVP and Chief Legal and Administrative Officer, sold 3,500 shares at $148.18 on 2025-11-14 for $518,630.35, reducing his holdings by 5.2% from 67,034 to 63,534 shares. His same-ticker history at FANG shows 2 of 2 prior measurable sells were well-timed at the 90-day mark (2024-05-17 with -6.2% 30d return and 2024-03-21 with -2.6% 90d return), indicating a pattern of selling before subsequent declines. The current price of $149.58 is -19.3% below the 52-week high of $185.29, though the stock has risen 7.5% over 30 days and 8.5% over 90 days. With a low P/E of 10.22 and strong fundamentals (net income $1.0B, annual revenue growth +31.6%), the sale occurs in a relatively favorable valuation context, yet the insider's demonstrated track record at this specific ticker warrants noting his consistent pattern of selling ahead of subsequent weakness.

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