Diversified Energy Co CFO receives four stock awards

Q: When do DEC's CFO's RSUs vest?

The 4,095 RSUs vest in three equal installments on January 5, 2027, January 5, 2028, and January 5, 2029; the 1,278 RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029. The 2,182 RSUs vest on January 1, 2027, and the 1,672 RSUs vest on January 1, 2028. Each schedule is subject to continued employment.

The RSUs vest from January 2027 through March 2029, with each award subject to continued employment.

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Form Type

Rhea-AI Filing Summary

Diversified Energy Co (DEC) President and CFO Bradley G. Gray was granted four direct restricted stock unit awards on September 30, 2026: 4,095, 1,278, 2,182 and 1,672 RSUs. These additional RSUs accrued as dividend equivalent rights in connection with the company's $0.29-per-share dividend. The units convert one-for-one into common shares and vest on schedules through March 19, 2029, subject to continued employment.

Insider Trade Summary

Grant/Award: 9,227 shares

Grant/Award 4 txns

Insider Gray Bradley G

Role President and CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units ^{F1, F2, F3}	4,095	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F2, F4}	1,278	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F2, F5}	2,182	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F2, F6}	1,672	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 478,582 contracts (Direct)

Footnotes (6)

F1. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
F2. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
F3. These RSUs vest in three equal installments on each January 5, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.
F4. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.
F5. These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment.
F6. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Key Figures

Restricted stock unit award: 4,095 RSUs Restricted stock unit award: 1,278 RSUs Restricted stock unit award: 2,182 RSUs +2 more

5 metrics

Restricted stock unit award 4,095 RSUs Awarded September 30, 2026; vests in three equal installments on January 5, 2027, January 5, 2028, and January 5, 2029, subject to continued employment.

Restricted stock unit award 1,278 RSUs Awarded September 30, 2026; vests in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029, subject to continued employment.

Restricted stock unit award 2,182 RSUs Awarded September 30, 2026; vests January 1, 2027, subject to continued employment.

Restricted stock unit award 1,672 RSUs Awarded September 30, 2026; vests January 1, 2028, subject to continued employment.

Dividend per share $0.29 per share Dividend payment associated with the additional RSUs reported September 30, 2026.

Key Terms

Restricted stock units, dividend equivalent rights, one-for-one basis, vest in three equal installments

4 terms

Restricted stock units financial

"Restricted stock units ("RSUs") convert into shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent rights financial

"accrued as dividend equivalent rights"

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.

one-for-one basis technical

"convert into shares of the Issuer's common stock on a one-for-one basis"

vest in three equal installments financial

"These RSUs vest in three equal installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did DEC's president and CFO receive?

Bradley G. Gray received four direct restricted stock unit awards on September 30, 2026: 4,095, 1,278, 2,182 and 1,672 RSUs. They accrued as dividend equivalent rights in connection with Diversified Energy Co's $0.29-per-share dividend.

When do DEC's CFO's RSUs vest?

The 4,095 RSUs vest in three equal installments on January 5, 2027, January 5, 2028, and January 5, 2029; the 1,278 RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029. The 2,182 RSUs vest on January 1, 2027, and the 1,672 RSUs vest on January 1, 2028. Each schedule is subject to continued employment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/01/2026 - 05:41 PM Accepted by SEC EDGAR 10/01/2026 - 05:41 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^*

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)
09/30/2026

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)

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)
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		4,095⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	4,095	$0	212,381	D
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		1,278⁽²⁾		⁽⁴⁾	⁽⁴⁾	Common Stock	1,278	$0	66,304	D
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		2,182⁽²⁾		⁽⁵⁾	⁽⁵⁾	Common Stock	2,182	$0	113,186	D
Restricted Stock Units	$0⁽¹⁾	09/30/2026	09/30/2026	A		1,672⁽²⁾		⁽⁶⁾	⁽⁶⁾	Common Stock	1,672	$0	86,711	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 in three equal installments on each January 5, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

4. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

5. These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment.

6. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	10/01/2026
	** 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