Diversified Energy (DEC) CAO receives three new RSU grants
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’s Chief Accounting Officer, Garrett Michael Walton, received three awards of restricted stock units on June 30, 2026. The grants cover 337, 408, and 270 RSUs, each convertible into an equal number of common shares on a one-for-one basis.
Some of these RSUs represent additional units that accrued as dividend equivalent rights tied to the company’s $0.29 per share dividend. The awards vest over time, with installments scheduled on March 19, 2027, 2028 and 2029 and separate tranches vesting on January 1, 2027 and January 1, 2028, all subject to Walton’s continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Garrett Michael Walton
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 270 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 408 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 337 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,752 shares (Direct, null)
Footnotes (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. These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
Key Figures
RSU grant 1: 337 RSUs
RSU grant 2: 408 RSUs
RSU grant 3: 270 RSUs
+2 more
5 metrics
RSU grant 1
337 RSUs
Restricted stock units granted on June 30, 2026
RSU grant 2
408 RSUs
Restricted stock units granted on June 30, 2026
RSU grant 3
270 RSUs
Restricted stock units granted on June 30, 2026
Dividend amount
$0.29 per share
Dividend generating dividend-equivalent RSUs
Vesting installments
3 installments
RSUs vest on March 19, 2027, 2028 and 2029
Key Terms
Restricted stock units ("RSUs"), dividend equivalent rights, continued employment, vest
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis."
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
"Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share."
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.
continued employment financial
"These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment."
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
vest financial
"These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment."
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.
FAQ
What insider transaction did DEC report for Garrett Michael Walton?
Diversified Energy Co reported that Chief Accounting Officer Garrett Michael Walton received three restricted stock unit (RSU) awards on June 30, 2026. These RSUs are compensation-related equity grants, not open-market share purchases or sales, and convert into common stock on a one-for-one basis.
How many RSUs did DEC’s CAO receive in the latest Form 4 filing?
Garrett Michael Walton received three RSU grants of 337, 408, and 270 units. Each restricted stock unit represents the right to receive one share of Diversified Energy’s common stock upon vesting, providing additional equity-based compensation over time.
What is the link between DEC’s $0.29 dividend and these RSUs?
Part of the RSU awards represents additional units accrued as dividend equivalent rights tied to Diversified Energy’s $0.29 per share dividend. Instead of receiving cash, the officer received extra RSUs that mirror the dividend on underlying common shares.
When do the new DEC RSU awards to the CAO vest?
The RSUs vest over several future dates, including in three equal installments on March 19, 2027, 2028 and 2029. Additional tranches vest on January 1, 2027 and January 1, 2028, all conditioned on Garrett Michael Walton’s continued employment with the company.
Do these DEC RSU grants involve any open-market buying or selling?
No, the Form 4 shows grant/award acquisitions of restricted stock units rather than open-market transactions. The RSUs are equity compensation granted at $0.00 per unit and convert to common stock upon vesting, without indicating any market purchases or sales.