Gideon Richard A 4
4 · Diversified Energy Co · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Diversified Energy COO Gideon Richard Receives 1,086 RSUs
What Happened Gideon Richard, Chief Operating Officer of Diversified Energy Co. (DEC), was granted 1,086 restricted stock units (RSUs) on March 31, 2026. The award was reported as a derivative grant (code A) with an acquisition price of $0.00 (grant value at issuance $0). These RSUs convert one-for-one into shares of common stock upon vesting.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-02 (Form 4 accession 0001789360-26-000010).
- Instrument and amount: 1,086 RSUs awarded; grant reported at $0.00 per unit (derivative award).
- Footnote highlights:
- RSUs convert into common shares on a one-for-one basis (F1).
- Some of these RSUs represent additional units accrued as dividend equivalent rights from the issuer’s $0.29 per-share dividend (F2).
- Vesting schedule: three equal installments on March 19, 2027, 2028 and 2029, subject to continued employment (F3).
- Shares owned after the transaction: not specified in the provided filing details.
Context This was a compensation award, not an open-market purchase or sale. RSU grants are common executive compensation — they don’t represent an immediate cash outlay or sale and only convert to actual shares if and when they vest. The dividend-equivalent RSUs increase the award size and reflect prior dividend payments.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-31+1,086→ 52,608 total→ Common Stock (1,086 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
- [F2]Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
- [F3]These RSUs vest in three equal installments on each March 19, 2027, 2028 and 2029, subject to the Reporting Person's continued employment.