PDMR Shareholdings
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has announced changes in PDMR shareholdings following the vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs). Key executives receiving these awards include Co-Founder and CEO Rusty Hutson, Jr. (PSUs only), President and CFO Bradley Gray, and Senior EVP/Chief Legal & Risk Officer Benjamin Sullivan (both PSUs and RSUs).
The company will transfer Ordinary Shares from its Employee Benefit Trust (EBT) to settle these awards, net of customary withholdings including taxes. Further details about the 2022 long-term incentive plan can be found in the company's Annual Report for the year ended December 31, 2024.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) ha annunciato modifiche nelle partecipazioni azionarie dei PDMR a seguito dell'assegnazione delle Performance Stock Units (PSUs) e delle Restricted Stock Units (RSUs). I principali dirigenti che ricevono questi premi includono il co-fondatore e CEO Rusty Hutson, Jr. (solo PSUs), il presidente e CFO Bradley Gray, e il Senior EVP/Chief Legal & Risk Officer Benjamin Sullivan (sia PSUs che RSUs).
L'azienda trasferirà azioni ordinarie dal suo Employee Benefit Trust (EBT) per liquidare questi premi, al netto delle consuete ritenute, comprese le tasse. Ulteriori dettagli sul piano di incentivazione a lungo termine 2022 possono essere trovati nel rapporto annuale dell'azienda per l'anno conclusosi il 31 dicembre 2024.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) ha anunciado cambios en la propiedad de acciones de los PDMR tras la concesión de las Performance Stock Units (PSUs) y las Restricted Stock Units (RSUs). Los principales ejecutivos que reciben estos premios incluyen al cofundador y CEO Rusty Hutson, Jr. (solo PSUs), al presidente y CFO Bradley Gray, y al Senior EVP/Chief Legal & Risk Officer Benjamin Sullivan (tanto PSUs como RSUs).
La compañía transferirá acciones ordinarias de su Employee Benefit Trust (EBT) para liquidar estos premios, neto de las retenciones habituales, incluidos los impuestos. Más detalles sobre el plan de incentivos a largo plazo 2022 se pueden encontrar en el informe anual de la compañía para el año que terminó el 31 de diciembre de 2024.
다양화된 에너지 회사 (LSE: DEC) (NYSE: DEC)는 성과 주식 단위(PSUs) 및 제한 주식 단위(RSUs)의 귀속에 따른 PDMR 주식 보유 변경 사항을 발표했습니다. 주요 경영진으로는 공동 창립자이자 CEO인 러스티 허트슨 주니어(PSUs만 해당), 사장 겸 CFO인 브래들리 그레이, 그리고 수석 EVP/법률 및 위험 담당 책임자 벤자민 설리반(PSUs 및 RSUs 모두 포함)이 있습니다.
회사는 직원 복리후생 신탁(EBT)에서 보통주를 이전하여 이러한 보상을 정산하며, 일반적인 세금 포함 공제를 고려합니다. 2022년 장기 인센티브 계획에 대한 추가 세부정보는 2024년 12월 31일로 종료된 연례 보고서에서 확인할 수 있습니다.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) a annoncé des changements dans les participations des PDMR suite à l'attribution des Performance Stock Units (PSUs) et des Restricted Stock Units (RSUs). Les principaux dirigeants recevant ces récompenses comprennent le co-fondateur et PDG Rusty Hutson, Jr. (uniquement des PSUs), le président et CFO Bradley Gray, et le Senior EVP/Chief Legal & Risk Officer Benjamin Sullivan (tant des PSUs que des RSUs).
L'entreprise transférera des actions ordinaires de son Employee Benefit Trust (EBT) pour régler ces récompenses, net des retenues habituelles, y compris les impôts. Des détails supplémentaires concernant le plan d'incitation à long terme 2022 peuvent être trouvés dans le rapport annuel de l'entreprise pour l'année se terminant le 31 décembre 2024.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) hat Änderungen in den PDMR-Aktionärsverhältnissen nach der Zuteilung von Performance Stock Units (PSUs) und Restricted Stock Units (RSUs) bekannt gegeben. Wichtige Führungskräfte, die diese Auszeichnungen erhalten, sind Mitbegründer und CEO Rusty Hutson, Jr. (nur PSUs), Präsident und CFO Bradley Gray sowie Senior EVP/Chief Legal & Risk Officer Benjamin Sullivan (sowohl PSUs als auch RSUs).
Das Unternehmen wird Stammaktien aus seinem Employee Benefit Trust (EBT) übertragen, um diese Auszeichnungen zu begleichen, abzüglich der üblichen Abzüge, einschließlich Steuern. Weitere Details zum langfristigen Anreizplan 2022 sind im Jahresbericht des Unternehmens für das am 31. Dezember 2024 endende Jahr zu finden.
- Executive compensation aligned with long-term incentive plans through equity-based awards
- Potential dilution of existing shareholders due to new share issuance from EBT
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC), announces the vesting of certain Performance Stock Units (“PSU's”) and Restricted Stock Units ("RSU's") previously awarded to Persons Discharging Material Responsibility ("PDMRs"), resulting in a change to previously disclosed PDMR holdings of Ordinary Shares of
Members of the Company's senior management vested in previously awarded PSUs and RSUs included:
- Rusty Hutson, Jr, Co-Founder and Chief Executive Officer
- Bradley Gray, President and Chief Financial Officer
- Benjamin Sullivan, Senior Executive Vice President, Chief Legal & Risk Officer and Corporate Secretary
Mr. Hutson's listed awards were solely PSUs, while the awards to Mr. Gray, and Mr. Sullivan included a mix of PSUs and RSUs. The Company provides additional information about its 2022 long-term incentive plan within its Annual Report for the year ended December 31, 2024 available on its website.
To settle the awards, the Company will transfer Ordinary Shares (net of customary withholdings, including taxes) from its Employee Benefit Trust (the “EBT”) as set forth in the table below:
| Net Award | Shares Held Post-Award | % of Issued Share Capital | |
| Rusty Hutson, Jr | 42,007 | 1,276,141 | |
| Bradley Gray | 26,546 | 192,131 | |
| Benjamin Sullivan | 21,902 | 62,319 | |
For further information, please contact:
| Diversified Energy Company PLC | +1 973 856 2757 |
| Doug Kris | dkris@dgoc.com |
| www.div.energy | |
| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations | |
About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Rusty Hutson, Jr | |
| 2 | Reason for the notification | ||
| a) | Position/status | Co-Founder and Chief Executive Officer | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Diversified Energy Company PLC | |
| b) | LEI | 213800YR9TFRVHPGOS67 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument | Bonus award of performance share units constituting a right to acquire Ordinary Shares of 20p each | |
| Identification code | GB00BQHP5P93 | ||
| b) | Nature of the transaction | Vesting of performance share units units under the Company's equity incentive plan | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £Nil | 42,007 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 17 March 2025 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Bradley Gray | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and Chief Financial Officer | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Diversified Energy Company PLC | |
| b) | LEI | 213800YR9TFRVHPGOS67 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument | Bonus award of performance share units and restricted stock units constituting a right to acquire Ordinary Shares of 20p each | |
| Identification code | GB00BQHP5P93 | ||
| b) | Nature of the transaction | Vesting of performance share units units under the Company's equity incentive plan | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £Nil | 26,546 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 17 March 2025 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Benjamin Sullivan | |
| 2 | Reason for the notification | ||
| a) | Position/status | Senior Executive Vice President, Chief Legal & Risk Officer and Corporate Secretary | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Diversified Energy Company PLC | |
| b) | LEI | 213800YR9TFRVHPGOS67 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument | Bonus award of performance share units and restricted stock units constituting a right to acquire Ordinary Shares of 20p each | |
| Identification code | GB00BQHP5P93 | ||
| b) | Nature of the transaction | Vesting of performance share units and restricted stock units under the Company's equity incentive plan | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £Nil | 21,902 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 17 March 2025 | |
| f) | Place of the transaction | Outside a trading venue (XOFF) | |
FAQ
What type of shares did Diversified Energy (DEC) executives receive in the latest vesting?
How will Diversified Energy (DEC) settle the vested stock units for executives?
Which Diversified Energy (DEC) executives were included in the latest share vesting?
Where can investors find more information about DEC's 2022 long-term incentive plan?
