4Accepted Oct 1, 5:42 PM ET
Diversified Energy (DEC) CEO Robert Hutson Receives RSU Award
Accepted (ET)
5:42 PM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
8.3 KB
Summary
Diversified Energy (DEC) CEO Robert Hutson Receives RSU Award
What Happened
Robert R. Hutson Jr., CEO of Diversified Energy Co. (DEC), was granted two restricted stock unit (RSU) awards on 2026-09-30 totaling 3,572 RSUs (2,223 RSUs and 1,349 RSUs). Both grants are derivative awards recorded at $0.00 per unit (no cash paid); RSUs convert into common stock on a one-for-one basis when they vest. One portion of the award represents RSUs that accrued as dividend equivalents related to the company’s $0.29 per share dividend.
Key Details
- Transaction date(s): 2026-09-30 (both grants) — reported on Form 4 filed 2026-10-01.
- Price: $0.00 per RSU (awarded, not purchased); total reported value $0.
- Units granted: 2,223 RSUs and 1,349 RSUs (total 3,572).
- Vesting: 2,223 RSUs vest in three equal installments on March 19 of 2027, 2028 and 2029; 1,349 RSUs vest on January 1, 2028, subject to continued employment.
- Footnotes: RSUs convert one-for-one into common shares (F1). One grant includes dividend-equivalent RSUs from the $0.29/share dividend (F2).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Timeliness: Filed 2026-10-01 for 2026-09-30 transactions — no late filing indicated in the excerpt.
Context
RSUs are compensation awards, not open-market purchases or sales. They carry value only if and when they vest (then convert to shares); no immediate cash outlay by the insider. Such awards are common components of executive pay and do not, by themselves, signal a buy or sell decision by the insider.