DEC COO granted 1,429 dividend-linked RSUs
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,429 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units ("RSUs)" convert into shares of the Issuer's common stock on a one-for-one basis.
- F2. Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
- F3. These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.
FAQ
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What did Diversified Energy Co (DEC) COO Gideon Richard A receive in this Form 4?
When do Gideon Richard A’s new DEC restricted stock units vest?
Why were additional DEC restricted stock units granted to the COO?
How many DEC restricted stock units does the COO hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.