Diversified Energy Co (DEC) director receives 10,187 RSU grant and holds 13,956 shares
Rhea-AI Filing Summary
Diversified Energy Co (DEC) reported a change in insider holdings on a Form 4. A company director received a grant of 10,187 restricted stock units (RSUs) of common stock on January 5, 2026 at a price of $0, reflecting an equity award rather than a market purchase. After this grant, the director beneficially owned 13,956 shares of common stock directly.
The RSUs are scheduled to vest on January 5, 2027, conditioned on the director’s continued service. Each RSU converts into one share of Diversified Energy common stock, and dividend equivalent rights accrue as additional RSUs when dividends are paid on the common stock, increasing the potential share count delivered at settlement.
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FAQ
What insider transaction did Diversified Energy Co (DEC) report on this Form 4?
The filing reports that a Diversified Energy Co director received an equity award of 10,187 restricted stock units (RSUs) of common stock on January 5, 2026 at a grant price of $0.
How many Diversified Energy Co (DEC) shares does the reporting person own after this transaction?
Following the grant, the reporting person beneficially owned 13,956 shares of Diversified Energy Co common stock in direct ownership, as stated in the filing.
When do the granted RSUs for Diversified Energy Co (DEC) vest?
The 10,187 RSUs vest on January 5, 2027, subject to the reporting person’s continued service with Diversified Energy Co through that date.
What do the RSUs granted by Diversified Energy Co (DEC) convert into at settlement?
Each RSU converts into one share of Diversified Energy Co common stock on a one-for-one basis when the award is settled, according to the filing.
Do the Diversified Energy Co (DEC) RSUs earn dividend equivalents?
Yes. The filing states that dividend equivalent rights accrue on these RSUs as additional RSUs whenever dividends are paid on Diversified Energy Co common stock.
What is the relationship of the reporting person to Diversified Energy Co (DEC)?
The reporting person is identified as a director of Diversified Energy Co, as indicated in the relationship section of the report.