Diamondback Energy, Inc.'s Form 4 filing
Verde Clean Fuels, Inc. (VGAS) · filed Jan 31, 2025
- Accession no.
- 0000950170-25-011937
- Filed
- Jan 31, 2025, 7:03 PM ET
- Trade date
- Jan 29, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction. Open-market purchases total $50.0M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Diamondback Energy, Inc.CIK 0001539838 | Director, 10% Owner |
| Diamondback Energy E&P LLCCIK 0001590692 | 10% Owner |
| Cottonmouth Ventures LLCCIK 0001966632 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 29, 2025 | Class A Common Stock | PPurchaseAcquired | +12,500,000 | $4.00 | +$50,000,000 | 14,500,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
Johnny Dossey, an employee of the Reporting Persons, is a director of Verde Clean Fuels, Inc. (the "Issuer"). By virtue of his representation on the board of directors of the Issuer, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed directors by deputization of the Issuer.