Diversified Energy (DEC) CEO receives 2,289 RSUs tied to dividend

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hutson Robert R Jr

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,289	$0.00	--

Holdings After Transaction: Restricted Stock Units — 110,837 shares (Direct)

Footnotes (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 in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

Key Figures

RSUs granted: 2,289 units Dividend amount: $0.29 per share Holdings after transaction: 110,837 shares-equivalent +1 more

4 metrics

RSUs granted 2,289 units Restricted stock units acquired as dividend equivalent rights

Dividend amount $0.29 per share Cash dividend that generated dividend equivalent RSUs

Holdings after transaction 110,837 shares-equivalent Total direct holdings following RSU acquisition

Vesting schedule 3 equal installments RSUs vest on March 19, 2027, 2028 and 2029

Key Terms

Restricted Stock Units, dividend equivalent rights, vest

3 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent rights financial

"additional RSUs that accrued as dividend equivalent rights"

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.

vest financial

"These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:19 PM

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^*

Hutson Robert R Jr

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/31/2026	03/31/2026	A		2,289⁽²⁾		⁽³⁾	⁽³⁾	Common Stock	2,289	$0	110,837	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 in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.

Remarks:

	/s/ Benjamin Sullivan, Attorney-in-Fact	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DEC CEO Robert Hutson report on this Form 4?

Robert R. Hutson Jr reported receiving 2,289 restricted stock units. These RSUs were granted as dividend equivalent rights linked to a $0.29 per share dividend and convert one-for-one into common stock.

How many Diversified Energy Co RSUs did the CEO acquire in this filing?

The CEO acquired 2,289 restricted stock units. Each RSU converts into one share of Diversified Energy Co common stock, representing additional equity compensation rather than an open-market share purchase.

Why were the new DEC RSUs granted to the CEO?

The additional 2,289 RSUs accrued as dividend equivalent rights. They were issued in connection with a declared cash dividend of $0.29 per share, providing the executive with stock-based compensation linked to that dividend.

When do the newly granted DEC RSUs to the CEO vest?

The RSUs vest in three equal installments on March 19, 2027, March 19, 2028 and March 19, 2029. Vesting is conditioned on Robert R. Hutson Jr’s continued employment with Diversified Energy Co.

What are the CEO’s DEC holdings after this RSU acquisition?

After the transaction, Robert R. Hutson Jr holds 110,837 share-equivalents. This figure includes the newly acquired 2,289 restricted stock units, each convertible into one share of Diversified Energy Co common stock on a one-for-one basis.