Diversified Energy (DEC) grants 62,437 RSUs to its president and CFO

Rhea-AI Filing Summary

Diversified Energy Co reported that President and CFO Bradley G. Gray received a grant of 62,437 restricted stock units (RSUs) on March 19, 2026. These RSUs are a form of equity compensation and were awarded at no cash cost per unit.

The RSUs convert into shares of common stock on a one-for-one basis as they vest. Vesting occurs in three equal installments on March 19, 2027, 2028 and 2029. After this grant, the filing shows Gray holding 62,437 RSUs directly, reflecting a long-term incentive tied to the company’s share performance.

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

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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^*

Gray Bradley G

(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)
	President and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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	$0(1)	03/19/2026	03/19/2026	A		62,437		(2)	(2)	Common Stock	62,437	$0	62,437	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. On March 19, 2026, the Reporting Person was granted 62,437 RSUs. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	03/23/2026
	** 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 insider transaction did Diversified Energy Co (DEC) report for Bradley G. Gray?

Diversified Energy Co reported that President and CFO Bradley G. Gray received a grant of 62,437 restricted stock units. These RSUs are equity-based compensation that will convert into common stock over time, aligning his interests with long-term shareholder value.

How many restricted stock units were granted to the DEC President and CFO?

Bradley G. Gray was granted 62,437 restricted stock units. Each RSU represents the right to receive one share of Diversified Energy Co common stock as it vests, creating a significant performance-linked equity incentive for the executive over several years.

When do Bradley G. Gray’s 62,437 DEC restricted stock units vest?

The 62,437 restricted stock units granted to Bradley G. Gray vest in three equal installments. Vesting dates are March 19, 2027, March 19, 2028 and March 19, 2029, spreading the equity incentive over a three-year period tied to continued service.

What does the RSU grant mean for Bradley G. Gray’s DEC holdings?

Following the grant, the Form 4 shows Bradley G. Gray holding 62,437 restricted stock units directly. As these RSUs vest, they will convert one-for-one into shares of Diversified Energy Co common stock, increasing his direct equity exposure to the company.

Are Bradley G. Gray’s DEC restricted stock units immediately payable in cash?

No, the restricted stock units were granted at a reported price of $0.0000 per unit and do not represent a cash payment. Instead, each RSU converts into one share of common stock upon vesting on the scheduled future dates specified in the award.