Diversified Energy Co Ridgway acquires stock awards

The RSUs convert one-for-one into common shares, with vesting conditioned on continued employment.

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Form Type

Rhea-AI Filing Summary

Diversified Energy Co (DEC) EVP - Energy Marketing Ron Lee Ridgway reported direct acquisitions of 663, 694 and 530 restricted stock units on September 30, 2026. The RSUs accrued as dividend equivalent rights in connection with a $0.29-per-share dividend and convert one-for-one into common stock. The 663 RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029; the 694 vest on January 1, 2027 and the 530 on January 1, 2028. Each vesting is subject to continued employment.

Insider Trade Summary

Grant/Award: 1,887 shares

Grant/Award 3 txns

Insider Ridgway Ron Lee

Role EVP - Energy Marketing

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units ^{F1, F2, F3}	663	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F2, F4}	694	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F2, F5}	530	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 97,942 contracts (Direct)

Footnotes (5)

F1. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
F2. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
F3. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.
F4. These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment.
F5. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Key Figures

Restricted stock units awarded, first award: 663 RSUs Restricted stock units awarded, second award: 694 RSUs Restricted stock units awarded, third award: 530 RSUs +2 more

5 metrics

Restricted stock units awarded, first award 663 RSUs September 30, 2026

Restricted stock units awarded, second award 694 RSUs September 30, 2026

Restricted stock units awarded, third award 530 RSUs September 30, 2026

Dividend per share $0.29 per share Dividend payment associated with the accrued dividend equivalent rights

RSU conversion ratio 1 common share per RSU RSUs convert into common stock

Key Terms

Restricted stock units, dividend equivalent rights, vest

3 terms

Restricted stock units financial

"Restricted stock units ("RSUs") convert into shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent rights financial

"accrued as dividend equivalent rights"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

vest financial

"These RSUs vest in three equal installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What RSU awards did DEC EVP Ron Lee Ridgway report?

On September 30, 2026, Ron Lee Ridgway reported direct acquisitions of 663, 694 and 530 restricted stock units.

When do Ron Lee Ridgway's DEC RSUs vest?

The 663 RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029; the 694 vest on January 1, 2027 and the 530 on January 1, 2028. Each vesting is subject to continued employment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/01/2026 - 05:39 PM Accepted by SEC EDGAR 10/01/2026 - 05:39 PM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ridgway Ron Lee

(Last)

(First)

(Middle)

C/O DIVERSIFIED ENERGY COMPANY

1600 CORPORATE DRIVE

(Street)

BIRMINGHAM

ALABAMA

35242

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		663⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	663	$0	34,453	D
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		694⁽²⁾		⁽⁴⁾	⁽⁴⁾	Common Stock	694	$0	36,013	D
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		530⁽²⁾		⁽⁵⁾	⁽⁵⁾	Common Stock	530	$0	27,476	D

Explanation of Responses:

1. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.

2. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.

3. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

4. These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment.

5. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	10/01/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR