Diversified Energy (DEC) Director Wade Randall Forfeits 10,187 RSUs

What Happened

• Wade Randall S., a Director of Diversified Energy Co. (DEC), had 10,187 restricted stock units (RSUs) forfeited on January 23, 2026. The Form 4 reports a disposition to the issuer (code D) of 10,187 shares at $0.00, resulting in $0 proceeds. The forfeiture occurred in connection with his resignation from the Board of Directors.

Key Details

• Transaction date: 2026-01-23; Filing date: 2026-01-26 (filed promptly).
• Transaction type/code: Disposition to issuer (D) — forfeiture of RSUs, not an open-market sale.
• Shares/amount: 10,187 RSUs forfeited; reported value $0.00.
• Shares owned after transaction: The 10,187 outstanding RSUs were forfeited per plan terms. The filing does not report proceeds or additional changes to other holdings.
• Footnotes: F1 explains the forfeiture followed the director’s resignation. F2 notes certain shares are held by EIG-related funds over which the reporting person has voting/dispositive power but disclaims beneficial ownership except for any pecuniary interest.

Context

• This was a contractual forfeiture tied to a board resignation, not a sale or purchase; it generated no cash proceeds and does not necessarily signal a trading view on the company. The filing also highlights institutional holdings via EIG funds, which are reported separately and are not claimed as direct beneficial ownership by the reporting person.