Gideon Richard A 4

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.