Gray Bradley G 4

What Happened

• Bradley G. Gray, President and Chief Financial Officer of Diversified Energy Co. (DEC), was awarded 1,317 restricted stock units (RSUs) on March 31, 2026. The grant is recorded at $0.00 (typical for RSU awards); the filing does not state a dollar value. These RSUs are derivative awards that convert into one share of common stock per RSU upon vesting.

Key Details

• Transaction date: March 31, 2026; Form 4 filed April 2, 2026.
• Transaction type: Award/Grant of RSUs (derivative), 1,317 units, acquisition price $0.00.
• Vesting: RSUs vest in three equal installments on March 19, 2027, March 19, 2028, and March 19, 2029, subject to continued employment (footnote).
• Dividend equivalents: The grant includes additional RSUs that accrued as dividend equivalents related to the issuer’s $0.29 per-share dividend (footnote).
• Shares owned after transaction: Not disclosed in the filing.
• Timeliness: Filing shows Form 4 dated April 2, 2026 for the March 31 transaction; no late-filing notation is indicated in the report.

Context

• RSUs are a form of compensation, not an open-market purchase or sale; they convert to common shares if and when they vest. This grant does not indicate an immediate purchase or sale of stock and should be viewed as compensation rather than an express trading signal. Tax withholding or post-vesting sales (if any) would be reported later if they occur.