Dividend RSUs boost Diversified Energy (DEC) director share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diversified Energy Co director David Jackson Turner Jr. reported an acquisition of 215 shares of common stock on March 16, 2026. These additional restricted stock units accrued as dividend equivalent rights tied to a $0.29 per-share dividend and convert into common stock on a one-for-one basis.
After this grant, he holds 58,489 shares directly, including 10,187 restricted stock units scheduled to vest on January 5, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner David Jackson Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 215 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 58,489 shares (Direct)
Footnotes (1)
- Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. RSUs convert into shares of the Issuer's common stock on a one-for-one basis. Includes 10,187 RSUs that vest on January 5, 2027, subject to the Reporting Person's continued service.
FAQ
What insider transaction did Diversified Energy Co (DEC) report?
Diversified Energy Co reported director David Jackson Turner Jr. acquiring 215 shares through additional restricted stock units. These units accrued as dividend equivalent rights from a $0.29 per-share dividend and convert into common stock on a one-for-one basis.
What are the terms of the new RSUs reported by Diversified Energy Co (DEC)?
The new RSUs represent 215 additional units that accrued as dividend equivalent rights from a $0.29 per-share dividend. Each RSU converts into one share of Diversified Energy Co common stock, aligning the director’s compensation with shareholder returns.
When do the existing RSUs for Diversified Energy Co (DEC) vest?
The director’s holdings include 10,187 restricted stock units scheduled to vest on January 5, 2027. Vesting is conditioned on his continued service, linking long-term incentives to ongoing board participation and company oversight.
Was this Diversified Energy Co (DEC) insider transaction an open-market purchase?
No. The Form 4 characterizes the transaction as a grant or award acquisition rather than an open-market purchase. The 215 RSUs accrued automatically as dividend equivalent rights linked to the company’s declared cash dividend of $0.29 per share.