Director at Diversified Energy (DEC) receives 118 RSU dividend-equivalent shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Diversified Energy Co director Oliver Kirk reported an automatic grant of 118 shares of common stock on account of restricted stock units (RSUs) that accrued as dividend equivalent rights from a $0.29 per share dividend. After this award, he holds 6,026 shares directly. The holding includes 5,908 RSUs scheduled to vest on January 5, 2027, subject to his continued service, at which point they will convert into common stock on a one-for-one basis.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Oliver Kirk R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share	118	$0.00	--

Holdings After Transaction: Common stock, par value $0.01 per share — 6,026 shares (Direct, null)

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 5,908 RSUs that vest on January 5, 2027, subject to the Reporting Person's continued service.

Key Figures

RSU dividend-equivalent shares: 118 shares Total shares after transaction: 6,026 shares Unvested RSUs: 5,908 RSUs +2 more

5 metrics

RSU dividend-equivalent shares 118 shares Grant/award acquisition on June 30, 2026

Total shares after transaction 6,026 shares Direct holdings following Form 4 transaction

Unvested RSUs 5,908 RSUs Vest on January 5, 2027, subject to continued service

Dividend per share $0.29 per share Issuer dividend creating dividend equivalent rights

Transaction price $0.00 per share Compensation-related award, not a market purchase

Key Terms

restricted stock units ("RSUs"), dividend equivalent rights, vest

3 terms

restricted stock units ("RSUs") financial

"Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

dividend equivalent rights financial

"RSUs that accrued as dividend equivalent rights in connection with the Issuer's 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

"Includes 5,908 RSUs that vest on January 5, 2027, subject to the Reporting Person's continued service"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 06:13 PM Accepted by SEC EDGAR 07/01/2026 - 06:12 PM

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^*

Oliver Kirk R

(Last)

(First)

(Middle)

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock, par value $0.01 per share	06/30/2026	06/30/2026	A		118⁽¹⁾	A	$0	6,026⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. Includes 5,908 RSUs that vest on January 5, 2027, subject to the Reporting Person's continued service.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	07/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Diversified Energy Co (DEC) report for Oliver Kirk?

Diversified Energy Co director Oliver Kirk received 118 additional shares tied to RSUs that accrued as dividend equivalent rights on a $0.29 per share dividend. This was a compensation-related award, not an open-market purchase or sale.

How many Diversified Energy Co (DEC) shares does Oliver Kirk hold after this Form 4?

After this transaction, Oliver Kirk holds 6,026 shares of Diversified Energy Co common stock. This total includes both previously held shares and the 118 new shares linked to dividend-equivalent RSUs reported in the filing.

What are the key terms of Oliver Kirk’s RSUs at Diversified Energy Co (DEC)?

Oliver Kirk’s RSUs convert into Diversified Energy Co common stock on a one-for-one basis. The position includes 5,908 RSUs that are scheduled to vest on January 5, 2027, provided he continues his service with the company until that date.

How were the new RSUs for Oliver Kirk at Diversified Energy Co (DEC) generated?

The additional RSUs for Oliver Kirk accrued as dividend equivalent rights tied to Diversified Energy Co’s $0.29 per share dividend. Instead of receiving cash, he received RSUs that will later convert into common shares on the same one-for-one basis.

Is Oliver Kirk’s Form 4 transaction at Diversified Energy Co (DEC) a market buy or sell?

The Form 4 transaction is not a market buy or sell. It reflects a grant or award acquisition of 118 shares at a reported price of $0.00, arising from RSUs credited as dividend equivalent rights rather than an open-market trade.