secwatch.observer — SEC 8-K summary
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Issuer:     Diamondback Energy, Inc. (FANG)
CIK:        0001539838
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0001193125-21-343714
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diamondback Energy EVP Russell Pantermuehl to retire Dec 31; Barkmann and Cho promoted
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- Russell Pantermuehl retires as EVP & Chief Engineer effective Dec 31, 2021; will serve as consultant through Dec 2022 at $4k/month.
- Unvested equity awards continue to vest during consulting period; forfeited after expiration.
- Al Barkmann promoted to SVP Reservoir Engineering, assumes many of Pantermuehl's duties.
- Yong Cho promoted to SVP Drilling; both report to EVP Danny Wesson.
- Pantermuehl joined Diamondback in Aug 2011 before IPO; eligible for 2021 annual bonus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539838/000119312521343714/0001193125-21-343714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539838/000119312521343714/d246321d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-343714

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