Gideon Richard A 4
4 · Diversified Energy Co · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Diversified Energy (DEC) COO Gideon R. Receives 51,522-Share RSU Award
What Happened Gideon Richard A, Chief Operating Officer of Diversified Energy Co. (DEC), received a grant of 51,522 restricted stock units (RSUs) on March 19, 2026. The award is recorded as a derivative grant (transaction code A) at $0.00 per share because RSUs are compensation awards rather than open‑market purchases. No immediate cash was exchanged.
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely — within the two business‑day reporting window).
- Grant: 51,522 RSUs; reported price $0.00 (award/derivative).
- Vesting: RSUs convert one‑for‑one into common shares and vest in three equal installments on March 19 of 2027, 2028 and 2029 (per filing footnotes).
- Shares owned after transaction: not disclosed in the filing.
- Transaction code: A (award/grant); nature: restricted stock units (derivative).
Context This was a compensation award, not a market purchase or sale, so it doesn’t represent an immediate investment or disposition. RSUs only become actual shares as they vest according to the schedule above. Such grants are common components of executive pay and should be interpreted as part of compensation rather than a direct insider market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-19+51,522→ 51,522 total→ Common Stock (51,522 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
- [F2]On March 19, 2026, the Reporting Person was granted 51,522 RSUs. These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029.