Diversified Energy Co (DEC) insider granted 1,254 RSUs as dividend equivalents
Rhea-AI Filing Summary
Diversified Energy Co insider Form 4 reports additional restricted stock units. On 12/31/2025, the chief executive officer and director received 1,254 restricted stock units (RSUs) that accrued as dividend equivalent rights tied to a dividend of $0.29 per share. Each RSU converts into one share of Diversified Energy common stock. After this transaction, the reporting person beneficially owned 65,911 derivative securities in the form of RSUs, which are scheduled to vest on March 31, 2028, subject to continued employment.
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FAQ
What insider transaction did Diversified Energy Co (DEC) report on this Form 4?
The Form 4 reports that the chief executive officer and director received 1,254 restricted stock units (RSUs) on 12/31/2025 as dividend equivalent rights related to a dividend of $0.29 per share.
What are the terms of the new restricted stock units reported by Diversified Energy Co (DEC)?
The 1,254 restricted stock units convert into shares of Diversified Energy common stock on a one-for-one basis and are described as having an exercise price of $0, reflecting their nature as equity awards rather than options.
When do the reported Diversified Energy Co (DEC) RSUs vest?
The restricted stock units vest on March 31, 2028, subject to the reporting person’s continued employment with Diversified Energy.
How many Diversified Energy Co (DEC) derivative securities does the insider hold after this transaction?
Following the reported transaction, the insider beneficially owned 65,911 derivative securities in the form of restricted stock units of Diversified Energy.
Why did additional Diversified Energy Co (DEC) RSUs accrue to the insider?
The 1,254 restricted stock units represent additional RSUs that accrued as dividend equivalent rights in connection with Diversified Energy’s dividend payment of $0.29 per share.