FANG Executive Chairman Stice sold 100,000 shares at $181.13 blended avg for $18.1M on 2026-03-06, reducing stake 44.7%.
Stice Travis D., Executive Chairman of Diamondback Energy, executed 4 separate sales on 2026-03-06 totaling 100,000 shares for $18,113,033.50, a substantial reduction of 44.7% from his pre-transaction holdings of 223.7K shares. The blended average price of $181.13 was near the 52-week high of $182.86 (-2.5% margin), suggesting execution near peak valuations. His prior 5 sells at FANG were uniformly well-timed at the 90-day mark (5 of 5 with negative returns following the sale), and his cross-ticker track record shows an 88.89% well-timed rate on 11 prior sells; this pattern of disciplined exit timing provides context for the current large stake reduction. The company's fundamentals remain strong (FY revenue growth +35.8%, net income $1.0B in latest quarter), but the scale and execution of this divestiture—liquidating nearly half his holdings at elevated valuations—warrant close investor attention to his forward signaling and any management commentary on capital allocation or strategic positioning.