Diversified Energy (DEC) Director Oliver R. Kirk Receives Award

What Happened

• Oliver R. Kirk, a director of Diversified Energy Co. (DEC), was awarded 118 restricted stock units (RSUs) on 2026-09-30. The RSUs were reported as acquired at $0.00 (total reported cash value $0). The filing shows these RSUs were issued as dividend-equivalent rights related to the company's $0.29 per-share dividend and convert one-for-one into common shares.

Key Details

• Transaction date: 2026-09-30; Form 4 filed: 2026-10-01.
• Transaction type: Award/grant (code A); price per share: $0.00; total cash consideration: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: The 118 RSUs represent additional RSUs accrued as dividend equivalent rights from the $0.29/share dividend; RSUs convert 1:1 into common stock.
  • F2: The filing also references 6,026 RSUs (inclusive of previously accrued dividend equivalents) that vest on January 5, 2027, subject to continued service.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag was indicated in the information provided.

Context

• These RSUs are awards (not purchases or sales) and were issued as dividend-equivalent compensation. Such awards are common corporate compensation/benefit events and do not, by themselves, indicate an insider buying or selling shares for investment reasons. The additional 6,026 RSUs noted will vest in January 2027 if the director continues service.