Diversified Energy TR-1

Rhea-AI Summary

Diversified Energy (NYSE:DEC) TR-1 shows Barclays PLC made a reportable acquisition/disposal related to ISIN US25520W1071. The threshold was crossed on 09-Apr-2026 and the issuer was notified on 15-Apr-2026.

Resulting position is reported as below notifiable threshold; a prior notification listed a combined total of 5.20% voting rights. Filing completed in London on 15-Apr-2026.

Key Figures

Previous total voting rights %: 5.200000% Previous direct voting rights %: 3.410000% Previous via instruments %: 1.790000% +5 more

8 metrics

Previous total voting rights % 5.200000% Barclays prior TR‑1 position in DEC

Previous direct voting rights % 3.410000% Barclays prior TR‑1 direct/indirect share rights

Previous via instruments % 1.790000% Barclays prior TR‑1 financial instrument rights

TR-1 threshold date 09-Apr-2026 Date Barclays fell below notifiable threshold

TR-1 notification date 15-Apr-2026 Date issuer was notified by Barclays

Resale registered shares 7,501,585 shares Shares covered by S-3ASR resale shelf

Shares outstanding 76,070,756 shares Outstanding as of Feb 25, 2026 (S-3ASR filing)

1-day price move -3.55% Change ahead of/around TR-1 disclosure

Market Reality Check

Price: $15.21 Vol: Volume 1,434,876 is 0.91x...

normal vol

$15.21 Last Close

Volume Volume 1,434,876 is 0.91x the 20-day average of 1,576,934, suggesting no unusual trading activity ahead of this filing. normal

Technical Shares at 15.21, trading above the 200-day MA of 14.49 but 19.52% below the 52-week high of 18.90.

Peers on Argus

DEC fell 3.55% while sector peers were mixed: CRGY up 0.25%, TGS down 0.52%, NFG...

DEC fell 3.55% while sector peers were mixed: CRGY up 0.25%, TGS down 0.52%, NFG down 0.40%, SLNG down 2.53%, CVE down 0.69%. The pattern points to stock-specific factors rather than a clear sector rotation.

Historical Context

5 past events · Latest: Apr 13 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 13	Corporate milestone	Neutral	-3.2%	NYSE bell-ringing for DEC’s 25th anniversary and related media appearances.
Mar 31	Major holding TR-1	Neutral	-4.7%	Ameriprise disclosed a 5.056% indirect stake crossing the 5% threshold.
Mar 31	Major holding TR-1	Neutral	-4.7%	Barclays reported 5.20% voting rights split between shares and instruments.
Mar 27	PDMR shareholding	Neutral	+2.2%	CFO Bradley Gray gifted 15,000 shares, retaining 212,790 shares post‑gift.
Mar 25	Proxy materials	Neutral	+4.6%	Filing of definitive proxy and notice for the May 6, 2026 annual meeting.

Pattern Detected

Recent corporate/news and holdings disclosures have generally produced single-digit price moves, with no consistent positive or negative pattern.

Recent Company History

Over the past month, DEC’s news flow has focused on corporate milestones and ownership disclosures. A NYSE bell-ringing for its 25th anniversary, TR-1 and major holding reports (including Ameriprise at 5.056% and Barclays at 5.20% previously), a PDMR share gift, and proxy materials for the May 6, 2026 annual meeting all triggered modest single‑digit moves. Today’s TR‑1 showing Barclays falling below the notifiable threshold fits this pattern of governance and ownership updates influencing trading around the margin.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2026-03-09

An effective Form S-3ASR dated March 9, 2026 registers the resale of 7,501,585 common shares issued in the U.S. domestication and Maverick acquisition. These shares may be sold by existing holders via various distribution methods, and the company reports it will receive no proceeds from such resales.

Market Pulse Summary

This announcement details a TR‑1 major holdings notification where Barclays PLC’s position in DEC fe...

Analysis

This announcement details a TR‑1 major holdings notification where Barclays PLC’s position in DEC fell below the notifiable threshold as of 09-Apr-2026. It follows earlier filings showing Barclays previously at 5.20% and other large holders like Ameriprise above 5%. Together with an effective S-3ASR registering 7,501,585 resale shares, investors may track future disclosures on major holders, proxy outcomes, and any additional use of the shelf for context around ownership dynamics.

Key Terms

voting rights, financial instruments, trading book exemption, proxy voting

4 terms

voting rights regulatory

"Total number of voting rights held in issuer"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

financial instruments financial

"An acquisition or disposal of financial instruments"

Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.

trading book exemption regulatory

"Barclays Capital Securities Limited (100%) Trading book exemption applied"

A trading book exemption is a regulatory allowance that lets a bank or investment firm treat certain assets as part of its short-term trading portfolio rather than its longer-term lending or investment book, so those assets follow different capital, reporting and risk rules. Investors care because where assets are placed changes how risky and liquid a firm looks, how much capital it must hold against losses, and how volatile reported profits can be—similar to keeping goods on a shop floor versus in long-term storage, which affects insurance, pricing and visibility.

proxy voting regulatory

"10. In case of proxy voting"

Proxy voting is a process that allows investors to have their voting power on company decisions exercised by someone else if they cannot attend meetings in person. It ensures that their opinions are still represented, similar to authorizing someone else to vote on their behalf at an election. This helps investors influence company actions even when they cannot be physically present.

AI-generated analysis. Not financial advice.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

US25520W1071

Issuer Name

Diversified Energy Company

UK or Non-UK Issuer

Non-UK

2. Reason for Notification 

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation 

Name

Barclays PLC

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder 

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

09-Apr-2026

6. Date on which Issuer notified 

15-Apr-2026

7. Total positions of person(s) subject to the notification obligation 

.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	Below notifiable threshold	Below notifiable threshold	Below notifiable threshold	Below notifiable threshold
Position of previous notification (if applicable)	3.410000	1.790000	5.200000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares 

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
US25520W1071		Below notifiable threshold		Below notifiable threshold
Sub Total 8.A	Below notifiable threshold		Below notifiable threshold

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Barclays PLC	Barclays Bank PLC
Barclays PLC	Barclays Capital Inc.
Barclays PLC	Barclays Capital Securities Limited

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information 

Full chain of controlled undertaking: Barclays PLC Barclays Bank PLC (100%) Barclays PLC Barclays Bank PLC (100%) Barclays US Holdings Limited (100%) Barclays US LLC (100%) Barclays Group US Inc. (100%) Barclays Capital Inc. (100%) Barclays PLC Barclays Bank PLC (100%) Barclays Capital Securities Limited (100%) Trading book exemption applied

12. Date of Completion 

15-Apr-2026

13. Place Of Completion

London

FAQ

What did Barclays report in the Diversified Energy (DEC) TR-1 filing dated April 15, 2026?

Barclays reported an acquisition/disposal affecting ISIN US25520W1071 with threshold crossed on 09-Apr-2026. According to Barclays the resulting position is below notifiable threshold, and the issuer was notified on 15-Apr-2026 in London.

Does the TR-1 for DEC show Barclays holds more than 5% of voting rights?

No, the filing states the resulting position is below notifiable threshold. According to Barclays a prior notification showed a combined total of 5.20%, but the current reported outcome is below the reporting threshold.

When was the threshold crossing date reported for Barclays' position in DEC (NYSE:DEC)?

The threshold was crossed on 09-Apr-2026, per the notification. According to Barclays the issuer received the TR-1 on 15-Apr-2026, and the completion date of the filing is listed as 15-Apr-2026 in London.

Which entities in the Barclays group are listed in the DEC TR-1 chain of controlled undertakings?

The filing lists Barclays Bank PLC, Barclays US Holdings Limited, Barclays US LLC, Barclays Group US Inc, Barclays Capital Inc, and Barclays Capital Securities Limited. According to Barclays this shows the full chain through which voting rights are effectively held.

What does 'trading book exemption applied' mean in the DEC TR-1 filed by Barclays?

It indicates Barclays treated holdings as part of its trading book rather than long-term strategic holdings. According to Barclays this exemption affects how voting rights are reported under DTR rules and is noted in the filing's additional information.