STOCK TITAN

Diversified Energy Co (DEC) director receives 276 RSUs via dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Diversified Energy Co director David Edward Johnson reported an automatic grant of 276 restricted stock units (RSUs). These RSUs accrued as dividend equivalent rights tied to a $0.29 per share dividend and convert into common stock on a one-for-one basis.

After this grant, Johnson holds a total of 39,144 shares of common stock, including RSUs. This total includes 13,868 RSUs that vest on January 5, 2027, subject to his continued service with the company.

Positive

  • None.

Negative

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Insider Johnson David Edward
Role null
Type Security Shares Price Value
Grant/Award Common stock, par value $0.01 per share 276 $0.00 --
Holdings After Transaction: Common stock, par value $0.01 per share — 39,144 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 13,868 RSUs (inclusive of previously accrued dividend equivalent rights) that vest on January 5, 2027, subject to the Reporting Person's continued service.
RSUs granted 276 RSUs Dividend equivalent rights grant on June 30, 2026
Grant price $0.00 per share Reported transaction price per share for RSU grant
Total holdings after transaction 39,144 shares Common stock and RSUs following June 30, 2026 grant
Dividend amount $0.29 per share Issuer dividend creating dividend equivalent RSUs
Unvested RSUs 13,868 RSUs RSUs vesting on January 5, 2027, subject to continued service
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"
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.
continued service financial
"RSUs ... that vest on January 5, 2027, subject to the Reporting Person's continued service"
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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*
Johnson David Edward

(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)
XDirector10% 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)
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
Common stock, par value $0.01 per share06/30/202606/30/2026A276(1)A$039,144(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 13,868 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-Fact07/01/2026
** 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)

FAQ

What insider transaction did Diversified Energy Co (DEC) report for David Edward Johnson?

Diversified Energy Co reported that director David Edward Johnson received 276 restricted stock units as a grant. These RSUs accrued as dividend equivalent rights from a $0.29 per share dividend and will convert into common stock on a one-for-one basis.

How many Diversified Energy Co shares does David Edward Johnson hold after this Form 4?

After the reported grant, David Edward Johnson holds 39,144 shares of Diversified Energy Co common stock. This figure includes both existing shares and RSUs, giving a snapshot of his total direct equity position following the June 30, 2026 transaction.

What are the terms of the new RSUs reported for Diversified Energy Co (DEC) director Johnson?

The new 276 RSUs accrued as dividend equivalent rights linked to a $0.29 per share dividend. Each RSU converts into one share of Diversified Energy Co common stock, reflecting a non-cash, compensation-related acquisition rather than an open-market purchase.

When do David Edward Johnson’s existing Diversified Energy Co RSUs vest?

Johnson has 13,868 RSUs that vest on January 5, 2027, subject to his continued service. These units, inclusive of previously accrued dividend equivalents, are part of his overall 39,144-share position reported after the latest RSU dividend accrual.

Was the Diversified Energy Co Form 4 transaction a market purchase or sale?

The Form 4 shows a grant or award acquisition of 276 RSUs, not a market trade. The RSUs resulted from dividend equivalent rights and carried a reported price of $0.00 per share, indicating a compensation-related issuance rather than buying or selling in the open market.