Gray Bradley G 4

What Happened
Bradley G. Gray, President and Chief Financial Officer of Diversified Energy Co. (DEC), was granted a total of 9,174 restricted stock units (RSUs) on 2026-06-30. The awards were reported as derivative acquisitions with an acquisition price of $0 — RSUs that will convert into common shares on a one-for-one basis when vested. These grants include additional RSUs that accrued as dividend equivalents tied to the company’s $0.29 per-share dividend and are subject to vesting and continued employment.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-01 (appears to be timely).
• Total RSUs granted: 9,174; acquisition price: $0 (derivative awards).
• RSUs convert one-for-one into common shares (footnote F1). Dividend-equivalent RSUs were credited in connection with the $0.29 per-share dividend (F2).
• Vesting schedules vary by grant: some vest in three equal installments across 2027–2029 (F3, F6) and others vest on January 1, 2027 or January 1, 2028 (F4, F5); all are conditioned on continued employment.
• Shares owned after the transaction are not specified in the provided details.

Context
These are compensation awards (RSUs), not open-market purchases or sales. RSU grants are routine executive compensation and do not directly indicate immediate buying or selling of stock; they become meaningful when and if they vest and convert to shares. The filing notes dividend-equivalent RSUs were added, reflecting the company dividend; no cash changed hands at grant.