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Diversified Energy Co COO receives two stock awards

The two awards have separate vesting schedules, and each is conditioned on continued employment.

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Form Type
4

Rhea-AI Filing Summary

Diversified Energy Co (DEC) Chief Operating Officer Richard A. Gideon received two awards of restricted stock units on September 30, 2026: 1,056 RSUs and 1,388 RSUs. Both awards were additional RSUs accrued as dividend equivalent rights in connection with a $0.29-per-share dividend payment.

The 1,056 RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029, subject to continued employment. The 1,388 RSUs vest on January 1, 2028, also subject to continued employment. Each RSU converts into one share of common stock.

Insider Gideon Richard A
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 1,056 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F2, F4 1,388 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 126,716 contracts (Direct)
Footnotes (4)
  1. F1. Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
  2. F2. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
  3. F3. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.
  4. F4. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
Restricted stock unit award 1,056 RSUs Award dated September 30, 2026
Restricted stock unit award 1,388 RSUs Award dated September 30, 2026
Dividend payment per share $0.29 per share Dividend payment associated with the additional RSUs
Vesting installments 3 equal installments 1,056 RSUs vest on March 19, 2027, March 19, 2028, and March 19, 2029, subject to continued employment
Vesting date January 1, 2028 Date the 1,388 RSUs vest, subject to continued employment
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"

FAQ

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

What RSU awards did DEC COO Richard A. Gideon receive?

Richard A. Gideon received 1,056 and 1,388 restricted stock units on September 30, 2026. Both were additional RSUs accrued as dividend equivalent rights in connection with a $0.29-per-share dividend payment.

When do Richard A. Gideon's DEC RSUs vest?

The 1,056 RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029; the 1,388 RSUs vest on January 1, 2028. Both schedules are subject to his continued employment.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Gideon Richard A

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/30/202609/30/2026A1,056(2) (3) (3)Common Stock1,056$054,711D
Restricted Stock Units$0(1)09/30/202609/30/2026A1,388(2) (4) (4)Common Stock1,388$072,005D
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 March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.
4. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
Remarks:
/s/ Benjamin Sullivan, Attorney-in-Fact10/01/2026
** Signature of Reporting PersonDate
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)

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