secwatch.observer — SEC 8-K summary
======================================

Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2026-09-30T20:05:28+00:00
Accession:  0001104659-26-112325
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Diamondback Energy amends stockholders agreement; two directors resign from board
--------------------------------------------------------------------------------

- Diamondback Energy and SGF FANG Holdings, LP signed a First Amendment to the Sept. 10, 2024 Stockholders Agreement on Sept. 29, 2026.
- The amendment permanently reduces Stephens Majority board designation rights to two directors if Stephens Stockholders own at least 10% but less than 25% of Outstanding Shares, and none if below 10%.
- Darin Holderness resigned from Diamondback's board on Sept. 29, 2026, and Lance Robertson resigned on Sept. 30, 2026, in connection with a Board Stepdown, not due to disagreement.
- The First Amendment is filed as Exhibit 10.1; certain information was redacted under Item 601(a)(6) of Regulation S-K.
- Diamondback common stock trades on Nasdaq under ticker FANG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000110465926112325/0001104659-26-112325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000110465926112325/tm2626600d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-112325

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer