Diversified Energy Co (DEC) COO granted 1,086 RSUs from dividend equivalent rights

Rhea-AI Filing Summary

Diversified Energy Co Chief Operating Officer Gideon Richard A received a grant of 1,086 restricted stock units (RSUs), which convert into common shares on a one-for-one basis. The award accrued as dividend equivalent rights linked to the company’s $0.29 per share dividend and is part of his equity compensation.

These RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, contingent on his continued employment. Following this grant, he holds 52,608 shares-related units directly, indicating a routine, compensation-driven increase rather than an open‑market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gideon Richard A

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,086	$0.00	--

Holdings After Transaction: Restricted Stock Units — 52,608 shares (Direct)

Footnotes (1)

1. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

Key Figures

RSUs granted: 1,086 RSUs Dividend per share: $0.29 per share Holdings after transaction: 52,608 shares/units +2 more

5 metrics

RSUs granted 1,086 RSUs Grant/award acquisition on March 31, 2026

Dividend per share $0.29 per share Dividend underpinning dividend equivalent RSUs

Holdings after transaction 52,608 shares/units Total direct equity-related holdings following RSU grant

Vesting schedule 3 equal installments Vesting on March 19, 2027, 2028 and 2029

Exercise price $0.00 RSUs granted at no cash exercise price

Key Terms

Restricted Stock Units, dividend equivalent rights, vest, one-for-one basis, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent rights financial

"accrued as dividend equivalent rights in connection with the dividend payment"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

vest financial

"These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

one-for-one basis financial

"RSUs convert into shares of the Issuer's common stock on a one-for-one basis"

derivative financial

"transaction_type: "derivative" for the RSU grant"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

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)
03/31/2026

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)	03/31/2026	03/31/2026	A		1,086(2)		(3)	(3)	Common Stock	1,086	$0	52,608	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. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.

3. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	04/02/2026
	** 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 did DEC insider Gideon Richard A report in this Form 4?

He reported receiving 1,086 restricted stock units as an equity grant. These RSUs arose from dividend equivalent rights tied to a $0.29 per share dividend, adding to his existing direct equity-based holdings in Diversified Energy Co.

Is the DEC Form 4 transaction a buy or sell of common shares?

It is neither a market buy nor a sell of common shares. The Chief Operating Officer received 1,086 RSUs as a grant, classified as a derivative acquisition, rather than executing an open-market stock transaction.

How do the new DEC RSUs for Gideon Richard A vest over time?

The 1,086 restricted stock units vest in three equal installments. Vesting dates are March 19, 2027, March 19, 2028, and March 19, 2029, and each installment is conditional on the executive’s continued employment with Diversified Energy Co.

What is the relation between DEC’s dividend and these RSU awards?

The additional 1,086 RSUs accrued as dividend equivalent rights. They were granted in connection with Diversified Energy Co’s $0.29 per share dividend payment, effectively reinvesting dividend value into equity-based compensation for the executive.

How many shares or units does the DEC COO hold after this Form 4 event?

After this grant, Gideon Richard A holds 52,608 shares-related units directly. This total includes the newly awarded 1,086 restricted stock units that convert into common stock on a one-for-one basis when they settle after vesting.