Diversified Energy Co (DEC) COO awarded 51,522 RSUs vesting through 2029

Rhea-AI Filing Summary

Diversified Energy Co Chief Operating Officer Gideon Richard A reported receiving a grant of 51,522 restricted stock units (RSUs) tied to the company’s common stock. The RSUs convert into common shares on a one-for-one basis and represent equity-based compensation rather than an open-market purchase or sale.

According to the filing, these 51,522 RSUs vest in three equal installments on March 19 of 2027, 2028, and 2029, aligning the executive’s compensation with long-term company performance. Following this award, the Form 4 shows 51,522 derivative securities (RSUs) held directly.

Insights

Executive compensation and governance analyst

COO received time-vested RSU compensation, a routine non-market equity award.

The Chief Operating Officer of Diversified Energy Co, Gideon Richard A, was granted 51,522 restricted stock units as compensation. RSUs are a common tool to align executives with shareholder outcomes because they convert into common shares on a one-for-one basis if vesting conditions are met.

The award vests in three equal tranches on March 19, 2027, March 19, 2028, and March 19, 2029, encouraging multi-year retention. There were no reported sales or option exercises, and this single grant is classified as a derivative transaction with 51,522 RSUs held afterward.

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

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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^*

Gideon Richard A

(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)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/19/2026	03/19/2026	A		51,522		(2)	(2)	Common Stock	51,522	$0	51,522	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. On March 19, 2026, the Reporting Person was granted 51,522 RSUs. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	03/23/2026
	** 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)

FAQ

What insider transaction did Diversified Energy Co (DEC) report for Gideon Richard A?

Diversified Energy Co reported that Chief Operating Officer Gideon Richard A received a grant of 51,522 restricted stock units. These RSUs are equity-based compensation and convert into common stock on a one-for-one basis if the specified vesting dates and conditions are satisfied.

How many restricted stock units were granted to the DEC COO in this Form 4?

The Form 4 shows a grant of 51,522 restricted stock units to the Chief Operating Officer. Each RSU represents a contingent right to receive one share of Diversified Energy Co common stock, subject to vesting over the stated multi-year schedule in the filing.

What is the vesting schedule for the 51,522 RSUs granted at Diversified Energy Co?

The 51,522 RSUs granted to the COO vest in three equal installments. Vesting occurs on March 19, 2027, March 19, 2028, and March 19, 2029, meaning one-third of the RSUs becomes deliverable as common stock on each of those dates if conditions are met.

Does the DEC Form 4 show any stock sales or purchases by the COO?

The Form 4 does not report any open-market stock purchases or sales by the Chief Operating Officer. It records only an acquisition classified as a grant of 51,522 restricted stock units, which is a compensation-related award rather than a discretionary market transaction.

How do the granted RSUs relate to Diversified Energy Co common stock?

The filing states that each restricted stock unit converts into one share of Diversified Energy Co common stock. This one-for-one conversion occurs as the RSUs vest over time, so the award directly links the executive’s potential future shares to the company’s equity.

What are the total RSUs held by the DEC COO after this transaction?

After the reported transaction, the Form 4 shows the Chief Operating Officer holding 51,522 restricted stock units directly. These RSUs are derivative securities linked to Diversified Energy Co common stock and will settle in shares as they vest according to the disclosed schedule.