Diversified Energy Co (DEC) COO receives 1,429 dividend-linked RSUs

Rhea-AI Filing Summary

Diversified Energy Co Chief Operating Officer Gideon Richard A received 1,429 restricted stock units as a grant tied to dividend equivalent rights from a $0.29 per share dividend. These RSUs convert into common stock on a one-for-one basis and are scheduled to vest on January 1, 2028, contingent on his continued employment.

Following this award, he holds 69,237 restricted stock units in total. This is a compensation-related equity grant rather than an open-market purchase or sale, so it mainly reflects ongoing incentive alignment with the company’s long-term performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gideon Richard A

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,429	$0.00	--

Holdings After Transaction: Restricted Stock Units — 69,237 shares (Direct)

Footnotes (1)

1. Restricted stock units ("RSUs)" convert into shares of the Issuer's common stock on a one-for-one basis. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Form 4 Insider Transactions: What Each Field Means →

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^*

Gideon Richard A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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)	03/16/2026	03/16/2026	A		1,429(2)		(3)	(3)	Common Stock	1,429	$0	69,237	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 January 1, 2028, subject to the Reporting Person's continued employment.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	03/18/2026
	** 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 did Diversified Energy Co (DEC) COO Gideon Richard A receive in this Form 4?

He received a grant of 1,429 restricted stock units. These units were awarded as dividend equivalent rights linked to a $0.29 per share dividend and represent additional equity-based compensation tied to Diversified Energy Co’s common stock.

How do the new restricted stock units for DEC’s COO convert into shares?

The restricted stock units convert into Diversified Energy Co common stock on a one-for-one basis. Each RSU will become one share of common stock when it vests, providing direct equity exposure tied to the company’s future performance.

When do Gideon Richard A’s new DEC restricted stock units vest?

These restricted stock units are scheduled to vest on January 1, 2028. Vesting is conditioned on the reporting person’s continued employment with Diversified Energy Co through that date, reinforcing long-term retention and alignment incentives.

Why were additional DEC restricted stock units granted to the COO?

The additional 1,429 restricted stock units accrued as dividend equivalent rights. They were issued in connection with Diversified Energy Co’s dividend payment of $0.29 per share, effectively mirroring the cash dividend in the form of extra RSUs.

How many DEC restricted stock units does the COO hold after this transaction?

After this transaction, the Chief Operating Officer holds 69,237 restricted stock units. This total includes the newly awarded 1,429 units and reflects his cumulative equity-based compensation position tied to Diversified Energy Co common stock.