Diversified Energy Co (NYSE: DEC) awards 1,072 RSUs to lead director
Rhea-AI Filing Summary
Diversified Energy Co director David Jackson Turner Jr. received a grant of 1,072 restricted stock units (RSUs) on August 5, 2026, in connection with his appointment as Lead Independent Director. The RSUs convert into common stock on a one-for-one basis and are part of 11,681 RSUs that vest on January 5, 2027, subject to his continued service. Following this award, he directly holds 59,768 shares and RSUs of the company.
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Insider Trade Summary
Net Buyer: 1,072 shares
Net Buy
1 txn
Insider
Turner David Jackson Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share F1, F2 | 1,072 | $0.00 | $0.00 |
Holdings After Transaction:
Common stock, par value $0.01 per share — 59,768 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person in connection with his appointment as Lead Independent Director of the Issuer. RSUs convert into shares of the Issuer's common stock on a one-for-one basis.
- F2. Includes 11,681 RSUs (inclusive of the reported RSU grant) that vest on January 5, 2027, subject to the Reporting Person's continued service.
Key Figures
RSUs granted: 1,072 RSUs
Total holdings after grant: 59,768 shares and RSUs
RSUs vesting: 11,681 RSUs
+1 more
4 metrics
RSUs granted
1,072 RSUs
Restricted stock units granted on August 5, 2026 to the Lead Independent Director
Total holdings after grant
59,768 shares and RSUs
Direct holdings of the reporting person following the August 5, 2026 award
RSUs vesting
11,681 RSUs
Total RSUs, including this grant, scheduled to vest on January 5, 2027
Vesting date
January 5, 2027
Date on which the 11,681 RSUs are scheduled to vest, subject to continued service
Key Terms
restricted stock units ("RSUs"), Lead Independent Director, continued service
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Lead Independent Director financial
"granted to the Reporting Person in connection with his appointment as Lead Independent Director"
A lead independent director is a board member who is not part of company management and is chosen to coordinate and represent the other independent directors, often running sessions without the CEO, helping set meeting agendas, and serving as a liaison between shareholders and the board. For investors, this role signals stronger, more balanced oversight—like a neutral referee who helps ensure decisions are fair, transparent and focused on protecting shareholder interests.
continued service financial
"that vest on January 5, 2027, subject to the Reporting Person's continued service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Diversified Energy Co (DEC) report for David Jackson Turner Jr.?
Diversified Energy Co reported that director David Jackson Turner Jr. received a grant of 1,072 restricted stock units (RSUs) on August 5, 2026. The grant was made in connection with his appointment as Lead Independent Director and is a form of equity compensation, not an open-market purchase.
How many RSUs were granted to the Diversified Energy Co (DEC) lead independent director and when do they vest?
The lead independent director of Diversified Energy Co was granted 1,072 RSUs, included within a total of 11,681 RSUs that vest on January 5, 2027. Vesting is conditional on his continued service with the company through that vesting date.
What are David Jackson Turner Jr.’s total holdings in Diversified Energy Co (DEC) after this RSU grant?
After the RSU grant, David Jackson Turner Jr. directly holds 59,768 shares and RSUs of Diversified Energy Co. This total includes 11,681 RSUs scheduled to vest on January 5, 2027, assuming he continues to serve the company until that date.
How do the Diversified Energy Co (DEC) RSUs convert into common stock?
The RSUs granted to the Diversified Energy Co director convert into common stock on a one-for-one basis. This means each vested RSU will be settled in one share of Diversified Energy Co common stock when the vesting conditions are satisfied.
Was the Diversified Energy Co (DEC) RSU grant reported under a Rule 10b5-1 trading plan?
The RSU grant was not reported as being made under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox was unchecked, indicating no transactions in this report were executed pursuant to such a pre-arranged trading plan.
Why did Diversified Energy Co (DEC) grant RSUs to David Jackson Turner Jr.?
The 1,072 RSUs were granted to David Jackson Turner Jr. in connection with his appointment as Lead Independent Director of Diversified Energy Co. This equity award forms part of his director compensation and aligns his interests with shareholders through stock-based incentives.