Business context and reporting period
Diamondback Energy, Inc. filed this Form 8-K on September 30, 2026, reporting events dated September 29–30, 2026. The filing concerns an amendment to its stockholders agreement and two board resignations; it does not report operating or financial results.
Key financial metrics
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other financial-performance figures.
Material changes
- On September 29, 2026, Diamondback and SGF FANG Holdings, LP amended their September 10, 2024 Stockholders Agreement. Under the amendment, the Stephens Majority may designate two directors if the Stephens Stockholders beneficially own at least 10% but less than 25% of outstanding shares, and may designate no directors if they own less than 10%. The filing does not state the designation rights for other ownership levels.
- Darin Holderness and Lance Robertson resigned from the board on September 29 and September 30, 2026, respectively, in connection with a Board Stepdown. The company said their resignations were not due to disagreements regarding its operations, policies, or practices.
Outlook, risks, and unusual items
No financial guidance, outlook, or financial contingencies are discussed. The amendment exhibit contains information redacted under Item 601(a)(6) of Regulation S-K.
Important facts for investors to verify
- Review Exhibit 10.1 for the complete amendment and applicable director-designation terms.
- Confirm the Stephens Stockholders’ ownership level and resulting designation rights.
- Note the effective dates of the two board resignations and any subsequent board-composition updates.