Hutson Robert R Jr 4
Research Summary
AI-generated summary
Diversified Energy (DEC) CEO Robert Hutson Receives RSU Award
What Happened
- Robert R. Hutson Jr., CEO of Diversified Energy Co. (DEC), was granted 2,289 restricted stock units (RSUs) on March 31, 2026. The filing reports the acquisition as a derivative award at $0.00 per share (no cash exchanged).
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02). Transaction code: A (award/grant).
- Amount: 2,289 RSUs; reported price: $0.00 (derivative award, not an open‑market purchase).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: (1) RSUs convert one-for-one into common stock. (2) These include additional RSUs credited as dividend equivalents tied to the Issuer's $0.29/share dividend. (3) Vesting: three equal installments on Mar 19, 2027, 2028 and 2029, subject to continued employment.
- Timeliness: Filing appears timely (transaction 3/31/2026; Form 4 filed 4/2/2026).
Context
- This was a standard equity award (derivative grant) rather than a market purchase or sale. RSUs typically indicate future equity compensation subject to vesting and do not represent immediate sales or purchases by the insider.