Diversified Energy (DEC) grants 13,203 RSUs to accounting chief
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garrett Michael Walton
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,203 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,203 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis. 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.
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.
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.