Diversified Energy (DEC) insider reports 9,601,585 indirectly held shares

Rhea-AI Filing Summary

Diversified Energy Company has updated its insider ownership disclosure through an amended initial beneficial ownership report. A reporting person who is both a director and 10% owner now reports indirect beneficial ownership of 9,601,585 shares of common stock as of November 21, 2025.

This amendment adds securities that were omitted from the original report filed on December 1, 2025. The shares are held through various funds and accounts, including EIG Redwood Co-Investment, L.P. and multiple EIG Energy Funds and related entities. The reporting person serves on the investment committees of the general partners of these funds, which provides voting and dispositive power over the reported securities, but disclaims beneficial ownership except to the extent of any pecuniary interest.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wade Randall S.

(Last) (First) (Middle)

C/O DIVERSIFIED ENERGY COMPANY

1600 CORPORATE DRIVE

(Street)

BIRMINGHAM AL 35242

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/21/2025

3. Issuer Name and Ticker or Trading Symbol
Diversified Energy Co [ DEC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)
12/01/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock, par value $0.01 per share	9,601,585	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This amendment to the Form 3 filed on December 1, 2025 is being filed to include securities omitted from the original Form 3 filing which are held by various funds and accounts, including EIG Redwood Co-Investment, L.P., EIG Energy XV Blocker Agent (Redwood), Inc., EIG Holdings Carry Splitter (Redwood), L.P., EIG Energy Fund XV, L.P., EIG Energy Fund XV-A, L.P., EIG Energy Fund XVI, L.P., EIG Energy Fund XVI-E, L.P., EIG Energy Fund XVI Holdings Splitter (FourPoint), L.P. and EIG Energy Fund XV Blocker Series C (FourPoint) LLC (the "Funds"). In this regard, the Reporting Person's role on the investment committees of the general partners of the Funds gives him voting and dispositive power over the reported securities but the Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Benjamin Sullivan, Attorney-in-Fact	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the amended insider report for Diversified Energy Co (DEC) disclose?

The amendment shows that a reporting person who is a director and 10% owner of Diversified Energy Co now reports 9,601,585 shares of common stock as indirectly beneficially owned as of November 21, 2025.

How many Diversified Energy Co (DEC) shares are indirectly beneficially owned?

The report lists 9,601,585 shares of Diversified Energy Co common stock as indirectly beneficially owned in Table I.

Why was the Diversified Energy Co insider ownership report amended?

The amendment was filed to include securities omitted from the original report filed on December 1, 2025, which are held by various funds and accounts.

What is the reporting persons relationship to Diversified Energy Co (DEC)?

The reporting person is identified as both a Director and a 10% Owner of Diversified Energy Co.

Through which entities are the DEC shares held indirectly?

The shares are held by various funds and accounts, including EIG Redwood Co-Investment, L.P., EIG Energy Fund XV, L.P., EIG Energy Fund XVI, L.P. and several related EIG entities referred to collectively as the Funds.

Does the reporting person fully accept beneficial ownership of the DEC shares?

No. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest, even though they have voting and dispositive power through roles on the funds investment committees.