Director at Diversified Energy (DEC) receives 207 RSUs from dividend

Rhea-AI Filing Summary

Diversified Energy Co director Kathryn Z. Klaber reported a grant of 207 additional restricted stock units (RSUs). These RSUs accrued automatically as dividend equivalent rights connected to the company’s cash dividend of $0.29 per share and convert into common stock on a one-for-one basis.

After this award, Klaber holds 14,378 shares of common stock, including 10,402 RSUs (with previously accrued dividend equivalents) that are scheduled to vest on January 5, 2027, subject to her continued service. This is a non-cash compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Klaber Kathryn Z

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share	207	$0.00	--

Holdings After Transaction: Common stock, par value $0.01 per share — 14,378 shares (Direct, null)

Footnotes (1)

1. Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. RSUs convert into shares of the Issuer's common stock on a one-for-one basis. Includes 10,402 RSUs (inclusive of previously accrued dividend equivalent rights) that vest on January 5, 2027, subject to the Reporting Person's continued service.

Key Figures

RSUs granted: 207 RSUs Dividend amount: $0.29 per share Total shares after transaction: 14,378 shares +1 more

4 metrics

RSUs granted 207 RSUs Accrued as dividend equivalent rights on $0.29 dividend

Dividend amount $0.29 per share Dividend generating RSU dividend equivalent rights

Total shares after transaction 14,378 shares Beneficial ownership following RSU accrual

Unvested RSUs 10,402 RSUs Scheduled to vest January 5, 2027, subject to continued service

Key Terms

restricted stock units ("RSUs"), dividend equivalent rights, vest

3 terms

restricted stock units ("RSUs") financial

"Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights"

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

"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.

vest financial

"Includes 10,402 RSUs ... that vest on January 5, 2027, subject to the Reporting Person's continued service"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 06:12 PM Accepted by SEC EDGAR 07/01/2026 - 06:11 PM Learn about SEC filing dates

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^*

Klaber Kathryn Z

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share	06/30/2026	06/30/2026	A		207(1)	A	$0	14,378(2)	D

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

Explanation of Responses:

1. Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. RSUs convert into shares of the Issuer's common stock on a one-for-one basis.

2. Includes 10,402 RSUs (inclusive of previously accrued dividend equivalent rights) that vest on January 5, 2027, subject to the Reporting Person's continued service.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	07/01/2026
	** 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)

FAQ

What insider transaction did Diversified Energy Co (DEC) report for Kathryn Z. Klaber?

Diversified Energy Co reported that director Kathryn Z. Klaber received 207 additional restricted stock units. These units accrued as dividend equivalent rights tied to a $0.29 per share dividend and represent compensation, not an open-market share purchase.

How did the $0.29 dividend affect Kathryn Z. Klaber’s holdings in DEC?

The $0.29 per share dividend led to 207 additional RSUs accruing to Kathryn Z. Klaber as dividend equivalent rights. These RSUs convert into common stock on a one-for-one basis, modestly increasing her equity-linked compensation position at Diversified Energy Co.

How many Diversified Energy Co shares does Kathryn Z. Klaber hold after this Form 4?

Following the RSU accrual, Kathryn Z. Klaber beneficially holds 14,378 shares of Diversified Energy Co common stock. This total includes 10,402 RSUs that are scheduled to vest in early 2027, assuming she continues her service with the company through the vesting date.

When do Kathryn Z. Klaber’s RSUs at Diversified Energy Co (DEC) vest?

Klaber’s 10,402 RSUs, including previously accrued dividend equivalent rights, are set to vest on January 5, 2027. Vesting is contingent on her continued service with Diversified Energy Co through that date, aligning this compensation with ongoing board involvement.

Are the 207 RSUs for DEC’s Kathryn Z. Klaber an open-market purchase?

No, the 207 RSUs are not an open-market purchase. They accrued as dividend equivalent rights linked to a $0.29 per share dividend. This is a grant-type acquisition of restricted stock units, reflecting equity compensation rather than a cash transaction in the market.