Diversified Energy Co (DEC) officer discloses stock and RSU holdings

Rhea-AI Filing Summary

Diversified Energy Company executive vice president of energy marketing reported their beneficial ownership of the company’s equity as of 11/21/2025. The filing shows direct ownership of 11,160 shares of common stock. It also lists several grants of restricted stock units that convert into common shares on a one-for-one basis, including awards from March 2023, March 2024, and April 2025 that vest in future years and accrue additional units through dividend equivalent rights while the executive remains employed.

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^*

Ridgway Ron Lee

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Energy Marketing

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

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	11,160	D

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
Restricted Stock Units	(1)	(1)	Common stock	9,486	$0(2)	D
Restricted Stock Units	(3)	(3)	Common stock	33,269	$0(2)	D
Restricted Stock Units	(4)	(4)	Common stock	25,382	$0(2)	D

Explanation of Responses:

1. On March 21, 2023, the Reporting Person was granted 6,645 restricted stock units vesting on March 31, 2026. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 2,841 dividend equivalent units.

2. Restricted stock units convert into shares of common stock on a one-for-one basis.

3. On March 25, 2024, the Reporting Person was granted 27,442 restricted stock units vesting on March 31, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 5,827 dividend equivalent units.

4. On April 10, 2025, the Reporting Person was granted 23,906 restricted stock units vesting on March 31, 2028, subject to the Reporting Person's continued employment. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 1,476 dividend equivalent units.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Benjamin Sullivan, Attorney-in-Fact	12/11/2025
	** 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 insider position is reported for Diversified Energy Co (DEC)?

The report covers an executive vice president of energy marketing at Diversified Energy Co, who is an officer of the company.

How many Diversified Energy Co (DEC) common shares does the officer directly own?

The officer directly owns 11,160 shares of Diversified Energy Co common stock, shown as beneficially owned on a direct basis.

What restricted stock units are reported for the Diversified Energy Co (DEC) officer?

The officer holds restricted stock units covering 9,486, 33,269, and 25,382 shares of common stock, each set granted on different dates with future vesting schedules.

When do the reported restricted stock units in DEC vest?

Grants made on March 21, 2023, March 25, 2024, and April 10, 2025 are scheduled to vest on March 31, 2026, March 31, 2027, and March 31, 2028, respectively, with one grant subject to continued employment.

How do DEC restricted stock units convert into common stock?

The filing states that restricted stock units convert into shares of common stock on a one-for-one basis, with an exercise price of $0.

What are dividend equivalent rights on DEC restricted stock units?

For each RSU grant, dividend equivalent rights accrue when dividends are paid on DEC common stock, increasing the number of units through additional credited amounts.