Greth Block Sale

Greth’s vehicle owned approximately 34 % of FANG’s outstanding shares as of March 4. The block sale, announced on March 6, triggered a ~3.6 % drop in after‑hours trading, with shares falling from Tuesday’s close of $178.37 to $173.40. The price range implies a discount of up to 3.4 % relative to the previous closing price. The sale is expected to shift ownership dynamics at one of the Permian Basin’s largest pure‑play shale producers and could influence broader energy‑sector sentiment.