secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001104659-25-117053
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000110465925117053/0001104659-25-117053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000110465925117053/tm2532418d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-117053

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