Diversified Energy Co (DEC) director receives 276 RSUs via dividend equivalents
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
RSUs granted: 276 RSUs
Grant price: $0.00 per share
Total holdings after transaction: 39,144 shares
+2 more
5 metrics
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
Key Terms
restricted stock units ("RSUs"), dividend equivalent rights, continued service
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"
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"
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.
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.