Every Form 4 that Diversified Energy Company (DEC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow DEC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DEC filings page.
Diversified Energy Co's Sr EVP, Chief Legal Officer, Benjamin Sullivan, received four direct restricted stock unit (RSU) awards on September 30, 2026: 4,095, 1,050, 1,786 and 1,374 RSUs. The awards represent additional RSUs accrued as dividend equivalent rights in connection with the company's dividend payment of $0.29 per share. Each RSU converts into one common share.
The 4,095 RSUs vest in three equal installments on January 5, 2027, January 5, 2028 and January 5, 2029; the 1,050 RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029. The 1,786 RSUs vest on January 1, 2027, and the 1,374 RSUs vest on January 1, 2028. Each schedule is subject to continued employment.
Diversified Energy Co (DEC) CEO Robert R. Hutson Jr. received two direct restricted stock unit awards on September 30, 2026: 2,223 RSUs and 1,349 RSUs. Both represent additional RSUs accrued as dividend equivalent rights in connection with the company’s dividend payment of $0.29 per share. The 2,223 RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029. The 1,349 RSUs vest on January 1, 2028, subject to continued employment. RSUs convert into common stock on a one-for-one basis.
Diversified Energy Co (DEC) President and CFO Bradley G. Gray was granted four direct restricted stock unit awards on September 30, 2026: 4,095, 1,278, 2,182 and 1,672 RSUs. These additional RSUs accrued as dividend equivalent rights in connection with the company's $0.29-per-share dividend. The units convert one-for-one into common shares and vest on schedules through March 19, 2029, subject to continued employment.
Diversified Energy Co (DEC) EVP - Energy Marketing Ron Lee Ridgway reported direct acquisitions of 663, 694 and 530 restricted stock units on September 30, 2026. The RSUs accrued as dividend equivalent rights in connection with a $0.29-per-share dividend and convert one-for-one into common stock. The 663 RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029; the 694 vest on January 1, 2027 and the 530 on January 1, 2028. Each vesting is subject to continued employment.
Diversified Energy Co (DEC) Chief Operating Officer Richard A. Gideon received two awards of restricted stock units on September 30, 2026: 1,056 RSUs and 1,388 RSUs. Both awards were additional RSUs accrued as dividend equivalent rights in connection with a $0.29-per-share dividend payment.
The 1,056 RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029, subject to continued employment. The 1,388 RSUs vest on January 1, 2028, also subject to continued employment. Each RSU converts into one share of common stock.
Diversified Energy Co (DEC) Chief Accounting Officer Michael Walton Garrett acquired three restricted stock unit awards on September 30, 2026: 410 RSUs, 339 RSUs and 270 RSUs. The awards represent additional RSUs accrued as dividend equivalent rights in connection with the company’s $0.29-per-share dividend. RSUs convert into common stock one-for-one. The 410 RSUs vest January 1, 2027; the 339 vest January 1, 2028; and the 270 vest in three equal installments on March 19, 2027, 2028 and 2029. Each vesting is subject to continued employment.
Diversified Energy Co (DEC) director David Jackson Turner Jr. acquired 230 additional restricted stock units (RSUs) on September 30, 2026, as dividend equivalent rights connected with the company’s dividend payment of $0.29 per share. The RSUs convert into common stock one-for-one. His reported direct position after the transaction was 59,998 shares, including 11,681 RSUs that vest on January 5, 2027, subject to his continued service.
Diversified Energy Co director Kathryn Z. Klaber acquired 209 restricted stock units on September 30, 2026, as dividend equivalent rights tied to the company’s $0.29-per-share dividend. The RSUs convert into common stock one-for-one. Her reported direct position after the transaction was 14,587 shares, including 10,609 RSUs scheduled to vest January 5, 2027, subject to continued service.
Diversified Energy Co (DEC) director Martin Keith Thomas acquired 209 additional RSUs on September 30, 2026, accrued as dividend equivalent rights in connection with the company’s $0.29-per-share dividend. The RSUs convert into common stock on a one-for-one basis. His reported direct holdings after the transaction were 125,368 shares.
Diversified Energy Co director Kirk R. Oliver acquired 118 additional restricted stock units on September 30, 2026, as dividend equivalent rights tied to the company's $0.29-per-share dividend. The units convert into common stock one-for-one. His reported holdings after the transaction were 6,144 shares, including 6,026 RSUs scheduled to vest on January 5, 2027, subject to his continued service.
Diversified Energy Co director David Jackson Turner Jr. received a grant of 1,072 restricted stock units (RSUs) on August 5, 2026, in connection with his appointment as Lead Independent Director. The RSUs convert into common stock on a one-for-one basis and are part of 11,681 RSUs that vest on January 5, 2027, subject to his continued service. Following this award, he directly holds 59,768 shares and RSUs of the company.
Diversified Energy Co director and Chief Executive Officer Robert R. Hutson Jr reported two awards of restricted stock units (RSUs) on common stock, totaling 3,549 units. The awards are compensation grants, not open‑market purchases or sales, and carry a zero dollar grant price.
Footnotes explain that RSUs convert into common shares on a one‑for‑one basis and that some additional RSUs accrued as dividend equivalent rights tied to a $0.29 per share dividend. One group of RSUs vests in three equal installments on March 19, 2027, 2028 and 2029, while another vests on January 1, 2028, subject to Hutson’s continued employment.
SULLIVAN BENJAMIN reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co reported that Senior EVP and Chief Legal Officer Benjamin Sullivan received several grants of restricted stock units (RSUs) on June 30, 2026. The awards cover 4,071, 1,365, 1,775 and 1,044 RSUs, each convertible into common stock on a one-for-one basis.
Some RSUs accrued as dividend equivalent rights tied to a $0.29 per-share dividend. The RSUs vest over time, with portions scheduled in equal installments on March 19, 2027, 2028 and 2029, and others vesting on January 1, 2027, January 1, 2028, and in three installments on January 5, 2027, 2028 and 2029, subject to Sullivan’s continued employment.
Gray Bradley G reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co President and CFO Bradley G. Gray reported multiple awards of restricted stock units (RSUs) on June 30, 2026. The Form 4 shows four RSU grants of 4,071, 1,662, 2,169 and 1,272 units, each convertible into common stock on a one-for-one basis.
One block represents additional RSUs that accrued as dividend equivalent rights tied to a cash dividend of $0.29 per share. The RSUs vest over time, with schedules including March 19, 2027, 2028 and 2029, January 1, 2027 and 2028, and January 5, 2027, 2028 and 2029, all subject to Gray’s continued employment.
Ridgway Ron Lee reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co executive Ron Lee Ridgway, EVP - Energy Marketing, received three compensation-related awards of restricted stock units (RSUs) on June 30, 2026. The grants cover 527, 690, and 660 RSUs, each convertible into common stock on a one-for-one basis.
One award of 527 RSUs represents additional units that accrued as dividend equivalent rights in connection with a $0.29 per share dividend. The other RSUs vest over time: 660 RSUs vest in three equal installments on March 19, 2027, 2028, and 2029, while 690 and 527 RSUs vest on January 1, 2027 and January 1, 2028, respectively, all subject to Mr. Ridgway’s continued employment.
Gideon Richard A reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co reported that Chief Operating Officer Gideon Richard A received new restricted stock unit (RSU) awards as equity compensation. He was granted 1,380 RSUs tied to dividend equivalent rights from a $0.29 per-share dividend and 1,047 additional RSUs, each convertible into common stock on a one-for-one basis.
The 1,380 RSUs vest in three equal installments on March 19, 2027, 2028, and 2029, subject to his continued employment. The 1,047 RSUs vest on January 1, 2028, also conditioned on continued employment. These are compensation-related grants, not open-market share purchases or sales.
Garrett Michael Walton reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co’s Chief Accounting Officer, Garrett Michael Walton, received three awards of restricted stock units on June 30, 2026. The grants cover 337, 408, and 270 RSUs, each convertible into an equal number of common shares on a one-for-one basis.
Some of these RSUs represent additional units that accrued as dividend equivalent rights tied to the company’s $0.29 per share dividend. The awards vest over time, with installments scheduled on March 19, 2027, 2028 and 2029 and separate tranches vesting on January 1, 2027 and January 1, 2028, all subject to Walton’s continued employment.
Diversified Energy Co director reports a routine share-based award. On June 30, 2026, director David Jackson Turner Jr. acquired 207 shares of common stock at $0.00 per share through an award classified as restricted stock units tied to dividend equivalents.
Footnotes explain these RSUs accrued as dividend equivalent rights from a $0.29 per-share dividend and convert into common stock on a one-for-one basis. After this accrual, Turner holds 58,696 shares directly, including 10,402 RSUs scheduled to vest on January 5, 2027, subject to continued service.
Diversified Energy Co director Oliver Kirk reported an automatic grant of 118 shares of common stock on account of restricted stock units (RSUs) that accrued as dividend equivalent rights from a $0.29 per share dividend. After this award, he holds 6,026 shares directly. The holding includes 5,908 RSUs scheduled to vest on January 5, 2027, subject to his continued service, at which point they will convert into common stock on a one-for-one basis.
Diversified Energy Co director Kathryn Z. Klaber reported a grant of 207 additional restricted stock units (RSUs). These RSUs accrued automatically as dividend equivalent rights connected to the company’s cash dividend of $0.29 per share and convert into common stock on a one-for-one basis.
After this award, Klaber holds 14,378 shares of common stock, including 10,402 RSUs (with previously accrued dividend equivalents) that are scheduled to vest on January 5, 2027, subject to her continued service. This is a non-cash compensation-related acquisition rather than an open-market purchase.
Thomas Martin Keith reported acquisition or exercise transactions in this Form 4 filing.
Director Thomas Martin Keith received a grant of 207 shares of Diversified Energy common stock on account of additional restricted stock units that accrued as dividend equivalent rights tied to a $0.29 per share dividend. After this award, he directly holds 125,159 shares, including 10,402 RSUs that are scheduled to vest on January 5, 2027, subject to his continued service.
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.
Diversified Energy Co director Oliver Kirk R reported receiving an equity award. On June 1, 2026, he was granted 5,908 restricted stock units, which are a form of stock-based compensation rather than an open-market purchase. These RSUs vest on January 5, 2027, if he continues providing services to the company, and will then convert into the same number of common shares. Dividend equivalent rights will accrue as additional RSUs whenever dividends are paid on the company’s common stock. After this grant, his reported direct holdings from this award total 5,908 shares-equivalent.
Diversified Energy Co Chief Accounting Officer Garrett Michael Walton reported receiving a grant of 279 restricted stock units (RSUs), which will convert into the company’s common stock on a one-for-one basis. These RSUs arose as dividend equivalent rights tied to the company’s $0.29 per share dividend.
The RSUs vest in three equal installments on March 19 of 2027, 2028, and 2029, contingent on Walton’s continued employment. Following this award, he directly holds 13,482 shares or share-equivalent RSUs in total, reflecting routine, compensation-related equity rather than an open-market purchase or sale.
Diversified Energy Co executive vice president Ron Lee Ridgway received a grant of 684 restricted stock units (RSUs). These RSUs were awarded as dividend equivalent rights tied to a cash dividend of $0.29 per share and convert into common stock on a one-for-one basis.
The RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, contingent on his continued employment. Following this grant, Ridgway directly holds 33,130 shares (including RSUs), making this a routine, compensation-related equity award rather than a market purchase or sale.
Diversified Energy Co Chief Operating Officer Gideon Richard A received a grant of 1,086 restricted stock units (RSUs), which convert into common shares on a one-for-one basis. The award accrued as dividend equivalent rights linked to the company’s $0.29 per share dividend and is part of his equity compensation.
These RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, contingent on his continued employment. Following this grant, he holds 52,608 shares-related units directly, indicating a routine, compensation-driven increase rather than an open‑market purchase or sale.
Diversified Energy Co reported that Sr EVP and Chief Legal Officer Benjamin Sullivan acquired 1,080 restricted stock units (RSUs) as a compensation-related award. These RSUs were credited as dividend equivalent rights tied to a cash dividend of $0.29 per share and convert into common stock on a one-for-one basis. The RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, contingent on his continued employment. Following this grant, Sullivan directly holds 52,383 shares of common stock (including underlying RSUs) as reported.
Diversified Energy Co President and CFO Bradley G. Gray received a grant of 1,317 restricted stock units, or RSUs, linked to the company’s common stock. These RSUs accrued as dividend equivalent rights tied to a cash dividend of $0.29 per share and convert into common shares on a one-for-one basis.
The RSUs vest in three equal installments on March 19 of 2027, 2028 and 2029, contingent on his continued employment. Following this award, Gray directly holds 63,754 shares or RSUs in total, reflecting routine equity-based compensation rather than an open-market stock purchase or sale.
Diversified Energy Co Chief Executive Officer Robert R. Hutson Jr reported an acquisition of 2,289 restricted stock units. These RSUs were granted as dividend equivalent rights tied to a $0.29 per share dividend and will vest in three equal installments on March 19 of 2027, 2028 and 2029, increasing his direct holdings to 110,837 shares-equivalent.
Diversified Energy Co President and CFO Bradley G. Gray reported a bona fide gift of 15,000 shares of common stock. The shares, with a par value of $0.01 per share, were transferred at no price on this transaction date.
According to the disclosure, the 15,000 shares were gifted to the reporting person’s adult children. After this disposition, Gray directly holds 212,790 shares of Diversified Energy Co common stock. This is a non-market, no‑consideration transfer and not an open‑market sale or purchase.
Diversified Energy Co executive Ridgway Ron Lee received a grant of 32,446 restricted stock units (RSUs). These RSUs were awarded on March 19, 2026 as part of his compensation in his role as EVP – Energy Marketing and carry no purchase price.
The RSUs convert into shares of Diversified Energy’s common stock on a one-for-one basis. They vest in three equal installments on March 19 of 2027, 2028, and 2029, so the value to the executive depends on both the company’s share price and his continued service over this period.
Garrett Michael Walton reported acquisition or exercise transactions in this Form 4 filing.
Diversified Energy Co reported a compensation-related equity grant to its Chief Accounting Officer, Garrett Michael Walton. On March 19, 2026, he was granted 13,203 restricted stock units (RSUs), each convertible into one share of common stock at no cost.
These 13,203 RSUs vest in three equal installments on March 19, 2027, 2028, and 2029. Following this award, Walton holds 13,203 RSUs directly, giving him future exposure to the company’s common stock as the units vest over time.
Diversified Energy Co Chief Operating Officer Gideon Richard A reported receiving a grant of 51,522 restricted stock units (RSUs) tied to the company’s common stock. The RSUs convert into common shares on a one-for-one basis and represent equity-based compensation rather than an open-market purchase or sale.
According to the filing, these 51,522 RSUs vest in three equal installments on March 19 of 2027, 2028, and 2029, aligning the executive’s compensation with long-term company performance. Following this award, the Form 4 shows 51,522 derivative securities (RSUs) held directly.
Diversified Energy Co reported that President and CFO Bradley G. Gray received a grant of 62,437 restricted stock units (RSUs) on March 19, 2026. These RSUs are a form of equity compensation and were awarded at no cash cost per unit.
The RSUs convert into shares of common stock on a one-for-one basis as they vest. Vesting occurs in three equal installments on March 19, 2027, 2028 and 2029. After this grant, the filing shows Gray holding 62,437 RSUs directly, reflecting a long-term incentive tied to the company’s share performance.
Diversified Energy Co reported that Sr EVP and Chief Legal Officer Benjamin Sullivan received a grant of 51,303 restricted stock units (RSUs) on March 19, 2026. These RSUs convert into common shares on a one-for-one basis and represent equity-based compensation rather than a market purchase.
The 51,303 RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, aligning Sullivan’s long-term incentives with shareholders over several years. Following this grant, the filing shows Sullivan holding 51,303 RSUs directly.
Diversified Energy Co Chief Executive Officer Robert R. Hutson Jr received a grant of 108,548 restricted stock units on March 19, 2026. These RSUs represent potential future shares of common stock and are awarded as equity compensation rather than a cash purchase.
The RSUs convert into common shares on a one-for-one basis and vest in three equal installments on March 19 of 2027, 2028 and 2029, encouraging longer-term alignment between the CEO and shareholders.
Diversified Energy Co director David Jackson Turner Jr. reported an acquisition of 215 shares of common stock on March 16, 2026. These additional restricted stock units 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, he holds 58,489 shares directly, including 10,187 restricted stock units scheduled to vest on January 5, 2027, subject to his continued service.
Diversified Energy Co director Thomas Martin Keith received 215 shares of common stock as a stock award. The shares are restricted stock units that accrued as dividend equivalents tied to a $0.29 per share dividend and convert one-for-one into common stock. Following this grant, he directly holds 124,952 shares, including 10,187 RSUs scheduled to vest on January 5, 2027, subject to continued service.
Diversified Energy Co director Kathryn Z. Klaber reported an automatic equity award rather than an open-market trade. She acquired 215 additional restricted stock units (RSUs) at no cost, accruing as dividend-equivalent rights tied to the company’s $0.29 per share dividend. These RSUs convert into common stock on a one-for-one basis. Following this grant, she holds 14,171 shares/RSUs in total, including 10,187 RSUs scheduled to vest on January 5, 2027, subject to her continued service.
Diversified Energy Co director David Edward Johnson reported an acquisition of 286 shares of common stock on a Form 4. These additional restricted stock units (RSUs) accrued as dividend equivalent rights in connection with a dividend payment of $0.29 per share and convert into common stock on a one-for-one basis.
After this award, Johnson holds 38,868 shares and RSUs directly, including 13,582 RSUs that vest on January 5, 2027, subject to his continued service. The filing reflects routine equity-based director compensation rather than an open-market purchase or sale.
Diversified Energy Co EVP of Energy Marketing Ron Lee Ridgway reported a series of equity compensation events on March 16, 2026. He received several grants of restricted stock units (RSUs) and performance stock unit-related awards at no cash cost, reflecting routine compensation rather than open‑market buying.
On the same date he exercised 9,874 RSUs, which converted into 9,874 shares of common stock at a conversion price of $0.00 per share, consistent with RSU settlement. He also received an additional 5,471 shares of common stock as a grant or award. To cover tax obligations on these vestings and settlements, 4,845 shares of common stock were withheld at $14.61 per share, a tax‑withholding disposition rather than a market sale.
After these transactions, Ridgway directly held 21,660 shares of Diversified Energy common stock. The Form 4 also notes that RSUs convert into common stock on a one‑for‑one basis and that some awards vest on January 1, 2027 and January 1, 2028, subject to his continued employment.
Diversified Energy Co President and CFO Bradley G. Gray reported a series of equity compensation transactions on common stock and restricted stock units. He received several grants of restricted stock units (RSUs) and performance stock units, including awards that convert into common shares on a one-for-one basis.
Gray exercised 36,840 RSUs, which settled into 36,840 shares of common stock. To cover tax obligations on vested RSUs and PSUs, 21,592 common shares were withheld at a price of $14.61 per share rather than sold in the open market. After these transactions, he directly holds 227,790 shares of common stock.
Footnotes state that some RSUs accrued as dividend equivalents tied to a $0.29 per share dividend and that various RSU awards vest between 2027 and 2029, contingent on his continued employment, underscoring their role as long-term incentive compensation.
Diversified Energy Co Chief Accounting Officer Garrett Michael Walton reported several equity compensation transactions. On March 16, 2026, he received awards of restricted stock units (RSUs) covering 166, 422, and 349 shares of common stock, along with common stock awards of 4,465 shares at no cash cost.
He also settled 8,061 RSUs into 8,061 shares of common stock and had 4,082 shares withheld at $14.61 per share to satisfy tax liabilities tied to RSU and performance stock unit vesting. After these transactions, he directly held 8,444 shares of common stock.
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.
Diversified Energy Co Chief Executive Officer Robert R. Hutson Jr reported equity compensation and related tax withholding transactions. On March 16, 2026, he received 1,389 restricted stock units, which convert into common stock on a one-for-one basis and vest on January 1, 2028, subject to continued employment. He also acquired 80,740 shares of common stock at no cost upon settlement of performance stock units granted in 2023, while 34,192 shares were withheld at $14.61 per share to satisfy tax liabilities. Following these awards and withholding, he directly holds 1,322,689 shares of common stock and 67,300 restricted stock units, reflecting routine compensation and tax settlement rather than open-market trading.
Diversified Energy Co senior executive Benjamin Sullivan reported several equity compensation events. On March 16, 2026, he received multiple grants of restricted stock units (RSUs) and performance stock units (PSUs), including awards that vest between January 1, 2027 and January 1, 2028 subject to continued employment.
Previously granted RSUs and PSUs vested and were settled into 30,967 shares of common stock on a one-for-one basis. In connection with these settlements, 21,605 shares were withheld at $14.61 per share to satisfy tax liabilities, a non-market transaction. After these transactions, Sullivan directly owns 89,837 common shares and also holds a separate grant of 200,000 RSUs awarded on January 5, 2026, vesting in three equal installments from 2027 to 2029.
Diversified Energy Co director Wade Randall S. reported the forfeiture of 10,187 shares of common stock on January 23, 2026. These shares were restricted stock units that were automatically forfeited at a price of $0 when he resigned from the company’s Board of Directors on that date.
Following the forfeiture, the reporting person holds no Diversified Energy common stock directly. The filing also lists 7,501,585 shares of common stock held indirectly through a group of EIG-sponsored investment funds. He has voting and dispositive power over those fund-held shares through his role on their investment committees but expressly disclaims beneficial ownership beyond his economic interest.
Diversified Energy Co director-linked funds sold a large block of company stock. On January 9, 2026, investment funds associated with director Wade Randall S. sold 2,100,000 shares of Diversified Energy common stock in a Rule 144 block trade at $13.28 per share, according to a Form 4 filing.
After this sale, the funds reported holding 7,501,585 shares indirectly. Separately, Wade Randall S. was reported as directly holding 10,187 shares. The filing states that multiple EIG-branded investment vehicles (the “Funds”) hold the shares and that Randall has voting and dispositive power through his role on their investment committees, while he disclaims beneficial ownership except for his economic interest.
Diversified Energy Company Chief Operating Officer reported an equity award related to dividend equivalents. On 12/31/2025, the insider acquired 1,290 restricted stock units (RSUs) at an exercise price of $0. These RSUs were granted as dividend equivalent rights tied to the company’s dividend of $0.29 per share and convert into common stock on a one-for-one basis. The RSUs are scheduled to vest on March 31, 2028, conditioned on continued employment, and will then deliver an equal number of Diversified Energy common shares.
Diversified Energy Co's Chief Accounting Officer reported receiving additional restricted stock units (RSUs) effective 12/31/2025. These RSUs accrued as dividend equivalent rights tied to the company’s cash dividend of $0.29 per share, meaning the officer received extra RSUs instead of cash on existing awards. Three separate RSU entries were reported: 150, 381, and 315 units, each convertible into common stock on a one-for-one basis at an exercise price of $0. The RSUs are scheduled to vest on March 31, 2026, March 31, 2027, and March 31, 2028, respectively, subject to continued employment. Following these transactions, the officer holds derivative securities representing thousands of RSUs directly owned.