Thomas Martin Keith 4

What Happened
Thomas Martin Keith, a director of Diversified Energy Co. (DEC), was granted/acquired 207 restricted stock units (RSUs) on June 30, 2026. The transaction is reported as an award (code A) at $0.00 per share (no cash paid). The filing notes these 207 RSUs were issued as dividend-equivalent awards.

Key Details

• Transaction date: 2026-06-30
• Transaction type/code: Grant / Award (A) — 207 RSUs @ $0.00
• Reported cash consideration: $0 (dividend-equivalent award)
• Shares owned after transaction: not specified in the provided excerpt
• Relevant footnotes:
  • F1: The 207 RSUs are dividend-equivalent rights from the issuer’s $0.29/share dividend and convert into common shares on a 1:1 basis.
  • F2: The filing also references 10,402 RSUs (inclusive of previously accrued dividend equivalents) that vest on January 5, 2027 subject to continued service.
• Filing timeliness: Reported 2026-07-01 for a 2026-06-30 transaction — appears to be filed timely.

Context
This was an award of RSUs tied to a dividend, not an open-market purchase or sale. Such dividend-equivalent RSU grants are commonly part of routine compensation and do not by themselves indicate an insider buying or selling the stock. The RSUs convert to common shares on a one-for-one basis and some RSUs noted in the filing remain subject to future vesting conditions.