[Form 4] Diversified Energy Co Insider Trading Activity

Rhea-AI Filing Summary

Diversified Energy Co's Chief Accounting Officer reported receiving additional restricted stock units (RSUs) effective 12/31/2025. These RSUs accrued as dividend equivalent rights tied to the company’s cash dividend of $0.29 per share, meaning the officer received extra RSUs instead of cash on existing awards. Three separate RSU entries were reported: 150, 381, and 315 units, each convertible into common stock on a one-for-one basis at an exercise price of $0. The RSUs are scheduled to vest on March 31, 2026, March 31, 2027, and March 31, 2028, respectively, subject to continued employment. Following these transactions, the officer holds derivative securities representing thousands of RSUs directly owned.

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
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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^*

Garrett Michael Walton

(Last) (First) (Middle)

C/O DIVERSIFIED ENERGY COMPANY

1600 CORPORATE DRIVE

(Street)

BIRMINGHAM AL 35242

(City) (State) (Zip)

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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	12/31/2025		A		150(2)		(3)	(3)	Common Stock	150	$0	7,895	D
Restricted Stock Units	$0(1)	12/31/2025		A		381(2)		(4)	(4)	Common Stock	381	$0	20,025	D
Restricted Stock Units	$0(1)	12/31/2025		A		315(2)		(5)	(5)	Common Stock	315	$0	16,559	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 on March 31, 2026, subject to the Reporting Person's continued employment.

4. These RSUs vest on March 31, 2027, subject to the Reporting Person's continued employment.

5. These RSUs vest on March 31, 2028, subject to the Reporting Person's continued employment.

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

FAQ

What insider transaction did DEC report for 12/31/2025?

The Chief Accounting Officer of Diversified Energy Co (DEC) reported receiving additional restricted stock units (RSUs) effective 12/31/2025, recorded as derivative securities with an exercise price of $0.

How many DEC restricted stock units were added in this Form 4?

The report shows three RSU additions: 150, 381, and 315 restricted stock units, each convertible into one share of common stock.

Why did the DEC insider receive additional RSUs instead of cash?

The additional RSUs represent dividend equivalent rights that accrued in connection with the issuer’s $0.29 per share dividend payment, providing extra RSUs linked to that dividend.

When do the new DEC RSUs reported by the officer vest?

The RSUs vest on three dates, each subject to continued employment: March 31, 2026, March 31, 2027, and March 31, 2028, according to the explanations provided.

What is the relationship of the reporting person to DEC?

The reporting person is an officer of Diversified Energy Co, serving as the company’s Chief Accounting Officer, and files individually as one reporting person.

How do the DEC RSUs convert into common stock?

The filing states that restricted stock units (RSUs) convert into shares of the issuer’s common stock on a one-for-one basis, with an exercise price of $0 for the derivative securities shown.