Diversified Energy Co (DEC) COO receives 1,290 RSUs tied to $0.29 dividend

Rhea-AI Filing Summary

Diversified Energy Company Chief Operating Officer reported an equity award related to dividend equivalents. On 12/31/2025, the insider acquired 1,290 restricted stock units (RSUs) at an exercise price of $0. These RSUs were granted as dividend equivalent rights tied to the company’s dividend of $0.29 per share and convert into common stock on a one-for-one basis. The RSUs are scheduled to vest on March 31, 2028, conditioned on continued employment, and will then deliver an equal number of Diversified Energy common shares.

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

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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 AL 35242

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	$0(1)	12/31/2025		A		1,290(2)		(3)	(3)	Common Stock	1,290	$0	67,808	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 on March 31, 2028, subject to the Reporting Person's continued employment.

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

What insider transaction did Diversified Energy Co (DEC) report in this Form 4?

The Chief Operating Officer acquired 1,290 restricted stock units (RSUs) on 12/31/2025 as reflected in the derivative securities table.

How do the reported Diversified Energy (DEC) RSUs convert into common stock?

The filing states that the RSUs convert into shares of common stock on a one-for-one basis, meaning each RSU delivers one share at settlement.

Why were 1,290 RSUs granted to the Diversified Energy (DEC) COO?

The 1,290 RSUs represent additional units that accrued as dividend equivalent rights in connection with Diversified Energy’s $0.29 per share dividend payment.

When do the reported Diversified Energy (DEC) RSUs vest?

The filing explains that these RSUs vest on March 31, 2028, subject to the reporting person’s continued employment with Diversified Energy.

What is the exercise or conversion price of the Diversified Energy (DEC) RSUs?

The Form 4 shows a conversion price of $0 for the RSUs, meaning there is no cash exercise price required to receive the underlying common shares.

What role does the reporting person hold at Diversified Energy Co (DEC)?

The reporting person is identified as an officer of Diversified Energy Co, serving as its Chief Operating Officer.