Klaber Kathryn Z 4
Research Summary
AI-generated summary
Diversified Energy (DEC) Director Kathryn Klaber Receives 207-Share Award
What Happened
Kathryn Z. Klaber, a Director of Diversified Energy Co. (DEC), was credited with 207 restricted stock units (RSUs) on 2026-06-30. The RSUs were reported as an award/acquisition (code A) at $0.00 per share (cash paid $0); these RSUs represent dividend-equivalent rights tied to the company’s $0.29 per-share dividend.
Key Details
- Transaction date: 2026-06-30. Form 4 filed: 2026-07-01 (timely).
- Transaction type/code: Grant/Award (A) — 207 RSUs acquired at $0.00 per share.
- Reported cash value: $0 (RSUs convert into shares later).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — these are additional RSUs accrued as dividend-equivalent rights and convert 1-for-1 into common stock; F2 — filing notes inclusion of 10,402 RSUs (inclusive of previously accrued dividend equivalents) that vest on Jan 5, 2027 subject to continued service.
Context
These RSUs are compensation/dividend-equivalent awards, not an open-market purchase or sale, and will convert into common shares on a one-for-one basis when vested. Such awards reflect dividend accrual/compensation mechanics rather than an insider buying or selling stock on the market.