Diversified Energy (DEC) CEO granted 3,549 restricted stock units as awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diversified Energy Co director and Chief Executive Officer Robert R. Hutson Jr reported two awards of restricted stock units (RSUs) on common stock, totaling 3,549 units. The awards are compensation grants, not open‑market purchases or sales, and carry a zero dollar grant price.
Footnotes explain that RSUs convert into common shares on a one‑for‑one basis and that some additional RSUs accrued as dividend equivalent rights tied to a $0.29 per share dividend. One group of RSUs vests in three equal installments on March 19, 2027, 2028 and 2029, while another vests on January 1, 2028, subject to Hutson’s continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hutson Robert R Jr
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,208 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,341 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 113,045 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. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
Key Figures
RSU award 1: 1,341 RSUs
RSU award 2: 2,208 RSUs
Total new RSUs: 3,549 RSUs
+3 more
6 metrics
RSU award 1
1,341 RSUs
Grant/award acquisition of restricted stock units on common stock
RSU award 2
2,208 RSUs
Second grant/award acquisition of restricted stock units
Total new RSUs
3,549 RSUs
Combined size of both RSU awards reported
Dividend-linked amount
$0.29 per share
Dividend rate used to accrue dividend equivalent RSUs
Three-tranche vesting dates
March 19, 2027/2028/2029
Equal installments for one group of RSUs
Single-tranche vesting date
January 1, 2028
Vesting date for another RSU group, employment‑conditioned
Key Terms
Restricted stock units, dividend equivalent rights, vest, continued employment
4 terms
Restricted stock units financial
"Restricted stock units ("RSUs") convert into shares of the Issuer's common stock"
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
"RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment"
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.
vest financial
"These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029."
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.
continued employment financial
"These RSUs vest on January 1, 2028, 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.
FAQ
What insider transactions did Diversified Energy (DEC) report for the CEO?
Diversified Energy’s CEO Robert R. Hutson Jr reported two awards of restricted stock units totaling 3,549 units. These RSUs are equity-based compensation, not open‑market share purchases or sales, and will convert into common stock as they vest over future years.
Are the DEC CEO’s Form 4 transactions stock buys or sells?
The Form 4 shows grant or award acquisitions of restricted stock units, not stock buys or sells. Both transactions are coded “A,” indicating equity compensation awards rather than open‑market trading activity in Diversified Energy’s common shares.
How many restricted stock units did the DEC CEO receive in these awards?
Robert R. Hutson Jr received 1,341 restricted stock units in one award and 2,208 units in another, for a total of 3,549 RSUs. Each RSU converts into one share of Diversified Energy common stock when it vests.
What are dividend equivalent rights on the DEC CEO’s RSUs?
Some of the CEO’s RSUs accrued as dividend equivalent rights in connection with Diversified Energy’s $0.29 per share dividend. This means additional RSUs were credited to mirror cash dividends that would have been earned on underlying shares.
When do the DEC CEO’s new restricted stock units vest?
One set of RSUs vests in three equal installments on March 19 of 2027, 2028, and 2029. Another set vests on January 1, 2028, and that vesting is conditioned on the CEO’s continued employment with Diversified Energy.