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Diversified Energy (DEC) grants 13,203 RSUs to accounting chief

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Garrett Michael Walton reported acquisition or exercise transactions in this Form 4 filing.

Diversified Energy Co reported a compensation-related equity grant to its Chief Accounting Officer, Garrett Michael Walton. On March 19, 2026, he was granted 13,203 restricted stock units (RSUs), each convertible into one share of common stock at no cost.

These 13,203 RSUs vest in three equal installments on March 19, 2027, 2028, and 2029. Following this award, Walton holds 13,203 RSUs directly, giving him future exposure to the company’s common stock as the units vest over time.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
Garrett Michael Walton

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)03/19/202603/19/2026A13,203 (2) (2)Common Stock13,203$013,203D
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 13,203 RSUs. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029.
Remarks:
/s/ Benjamin Sullivan, Attorney-in-Fact03/23/2026
** Signature of Reporting PersonDate
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 (DEC) report for Garrett Michael Walton?

Diversified Energy reported that Chief Accounting Officer Garrett Michael Walton received 13,203 restricted stock units as an equity award. The RSUs convert one-for-one into common stock and represent a stock-based compensation grant rather than an open-market share purchase.

How many restricted stock units did DEC grant to its Chief Accounting Officer?

DEC granted 13,203 restricted stock units to its Chief Accounting Officer. Each RSU converts into one share of Diversified Energy common stock, providing potential future ownership as they vest over time according to the disclosed schedule.

What is the vesting schedule for the 13,203 DEC restricted stock units?

The 13,203 DEC restricted stock units vest in three equal annual installments. They vest on March 19, 2027, March 19, 2028, and March 19, 2029, aligning the officer’s compensation with longer-term company performance and retention objectives.

Did Garrett Michael Walton buy or sell DEC shares in this Form 4 filing?

Garrett Michael Walton did not buy or sell shares in the market. Instead, he acquired 13,203 restricted stock units as a grant, a form of stock-based compensation that may convert into common shares as the award vests over the stated period.

How many DEC restricted stock units does the officer hold after this transaction?

After this transaction, the officer holds 13,203 restricted stock units. These units represent his reported derivative position tied to DEC common stock, with value realized only as they vest and convert into shares according to the described schedule.
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