Diversified Energy (DEC) President/CFO Bradley G. Gray Receives RSUs

What Happened
Bradley G. Gray, President and Chief Financial Officer of Diversified Energy Co. (DEC), was granted four restricted stock unit (RSU) awards on September 30, 2026, totaling 9,227 RSUs (4,095; 1,278; 2,182; and 1,672). Each award was granted at $0.00 (typical for RSUs) and is a derivative award that converts one-for-one into shares of common stock upon vesting.

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (timely filing).
• Grant details (all Code A — award/grant): 4,095 RSUs @ $0.00; 1,278 RSUs @ $0.00; 2,182 RSUs @ $0.00; 1,672 RSUs @ $0.00. Total = 9,227 RSUs.
• Shares owned after the transaction: not specified in the provided filing data.
• Important footnotes from the filing:
  • RSUs convert 1:1 into common shares (F1).
  • Some RSUs include additional units accrued as dividend equivalents tied to a $0.29-per-share dividend (F2).
  • Vesting schedules vary by tranche: some vest in three equal installments (Jan 5 of 2027–2029 or Mar 19 of 2027–2029) and others vest on Jan 1, 2027 or Jan 1, 2028, all subject to continued employment (F3–F6).
• No sale, open-market purchase, tax-withholding sale, or 10b5-1 plan noted in the provided details.

Context
RSUs are compensation awards that convert to shares if and when they vest; they do not require an upfront cash purchase by the insider. Because vesting is subject to continued employment, these grants primarily reflect retention/compensation arrangements rather than an immediate buy or sell signal. The ultimate value to the insider will depend on Diversified Energy’s share price at each vesting date.