DEC CEO granted shares, covers taxes with stock
Diversified Energy Co Chief Executive Officer Robert R. Hutson Jr reported equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
Diversified Energy Co Chief Executive Officer Robert R. Hutson Jr reported equity compensation and related tax withholding transactions. On March 16, 2026, he received 1,389 restricted stock units, which convert into common stock on a one-for-one basis and vest on January 1, 2028, subject to continued employment. He also acquired 80,740 shares of common stock at no cost upon settlement of performance stock units granted in 2023, while 34,192 shares were withheld at $14.61 per share to satisfy tax liabilities. Following these awards and withholding, he directly holds 1,322,689 shares of common stock and 67,300 restricted stock units, reflecting routine compensation and tax settlement rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,389 | $0.00 | $0.00 |
| Grant/Award | Common stock, par value $0.01 per share | 80,740 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 34,192 | $14.61 | $500K |
Footnotes (5)
- F1. Represents the settlement of performance stock units ("PSUs") granted in 2023.
- F2. The transaction reported reflects the withholding of PSUs in satisfaction of the Reporting Person's tax liability.
- F3. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
- F4. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
- F5. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
FAQ
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What did DEC CEO Robert Hutson report in this Form 4 filing?
What new restricted stock units did DEC’s CEO receive?
What are the CEO’s holdings after these DEC equity transactions?
Do these DEC Form 4 transactions involve open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.