---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-117053"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:52:45.513062+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Diamondback agrees to repurchase up to 3M shares quarterly from SGF; buys 2M at $152.59

## Summary
- Letter agreement lets SGF sell up to 3M shares per quarter to Diamondback through Dec 31, 2026 at the latest NASDAQ closing price.
- On Nov 28, 2025, Diamondback repurchased 2M shares from SGF at $152.59 per share.
- Since Sept 30, 2025, total repurchases: 2,886,280 shares for $432M, leaving ~$2.7B under the $8B authorization.
- SGF retains ability to dispose of shares through registered offerings or open market sales under existing stockholder agreement.

## SEC filing metadata
- accession: 0001104659-25-117053
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000110465925117053/0001104659-25-117053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000110465925117053/tm2532418d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-117053
- JSON: https://secwatch.observer/filing/0001104659-25-117053.json
- Plain text: https://secwatch.observer/filing/0001104659-25-117053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.