Diversified Energy (DEC) director receives 10,187 restricted stock units

Rhea-AI Filing Summary

Diversified Energy Co reported that one of its directors received a grant of 10,187 restricted stock units (RSUs) of common stock on January 5, 2026. The RSUs were granted at a price of $0 and will vest on January 5, 2027, subject to the director continuing to provide services to the company. Dividend equivalent rights accrue on these RSUs as additional RSUs whenever dividends are paid on the company’s common stock. After this grant, the director beneficially owned 124,737 shares of common stock directly.

Insider Trade Summary

Net Buyer: 10,187 shares

Net Buy 1 txn

Insider Thomas Martin Keith

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share	10,187	$0.00	$0.00

Holdings After Transaction: Common stock, par value $0.01 per share — 124,737 shares (Direct)

Footnotes (1)

1. F1. On January 5, 2026, the Reporting Person was granted 10,187 restricted stock units ("RSUs"). The RSUs vest on January 5, 2027, subject to the Reporting Person's continued services. Dividend equivalent rights accrue with respect to these RSUs as additional RSUs when dividends are paid on the Issuer's common stock. RSUs convert into shares of the Issuer's common stock on a one-for-one basis.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/07/2026 - 06:03 AM Learn about SEC filing dates

FAQ

What insider transaction did Diversified Energy Co (DEC) report?

Diversified Energy Co reported that a director received a grant of 10,187 restricted stock units (RSUs) of its common stock on January 5, 2026.

What are the terms of the 10,187 RSU grant at Diversified Energy Co (DEC)?

The 10,187 RSUs were granted on January 5, 2026 at a price of $0 and will vest on January 5, 2027, subject to the director’s continued services.

How do the RSUs granted by Diversified Energy Co (DEC) settle into shares?

The RSUs convert into shares of Diversified Energy Co common stock on a one-for-one basis when they are settled.

Do the RSUs at Diversified Energy Co (DEC) earn dividends?

Dividend equivalent rights accrue on these RSUs as additional RSUs whenever dividends are paid on Diversified Energy Co’s common stock.

How many Diversified Energy Co (DEC) shares did the director own after the RSU grant?

Following the reported RSU grant, the director beneficially owned 124,737 shares of Diversified Energy Co common stock directly.

What is the reporting person’s relationship to Diversified Energy Co (DEC)?

The reporting person is a director of Diversified Energy Co, as indicated in the relationship section of the filing.

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^*

Thomas Martin Keith

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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
Common stock, par value $0.01 per share	01/05/2026		A		10,187(1)	A	$0	124,737	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. On January 5, 2026, the Reporting Person was granted 10,187 restricted stock units ("RSUs"). The RSUs vest on January 5, 2027, subject to the Reporting Person's continued services. Dividend equivalent rights accrue with respect to these RSUs as additional RSUs when dividends are paid on the Issuer's common stock. RSUs convert into shares of the Issuer's common stock on a one-for-one basis.

	/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.