Garrett Michael Walton 4

4 · Diversified Energy Co · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Diversified Energy (DEC) Chief Accounting Officer Receives RSUs, Withholds Shares

What Happened

Garrett Michael Walton, Chief Accounting Officer of Diversified Energy Co. (DEC), received a mix of restricted stock units (RSUs) and performance stock units (PSUs) that converted into common shares on March 16, 2026. The filing shows acquisitions of 8,061 shares via derivative conversion and several grants (4,465, 166, 422, and 349 shares). To satisfy tax withholding, 4,082 shares were disposed at $14.61 per share, generating $59,638 in proceeds (used to pay tax liability).

Key Details

Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
Acquisitions: conversions/settlements totaling multiple awards (8,061 shares from derivative conversions; grants of 4,465, 166, 422, 349 shares). Many awards are RSUs/PSUs (one-for-one conversion).
Disposition: 4,082 shares withheld at $14.61 to satisfy tax liability, netting $59,638 (tax withholding event, coded F).
Footnotes: RSUs/PSUs settled (F1, F2); withholding satisfied tax liability (F3); RSUs convert 1:1 to common stock (F4); some RSUs represent dividend equivalents and have vesting schedules (F5–F8).
Shares owned after the transaction are not disclosed in the provided summary of the filing.

Context

This was not an open-market sale or a purchase signal: the filing reflects routine compensation settlements (RSU/PSU vesting/conversion) and share withholding to cover taxes. For retail investors, such filings typically reflect compensation mechanics rather than a personal bullish or bearish trade by the insider.

Form 4

Period: 2026-03-16

Chief Accounting Officer

Transactions

Exercise/Conversion
Common stock, par value $0.01 per share
[F1]
2026-03-16+8,061→ 8,061 total
Award
Common stock, par value $0.01 per share
[F2]
2026-03-16+4,465→ 12,526 total
Tax Payment
Common stock, par value $0.01 per share
[F3]
2026-03-16$14.61/sh−4,082$59,638→ 8,444 total
Award
Restricted Stock Units
[F4][F5][F6]
2026-03-16+166→ 8,061 total
Exercise: $0.00→ Common Stock (166 underlying)
Award
Restricted Stock Units
[F4][F5][F7]
2026-03-16+422→ 20,447 total
Exercise: $0.00→ Common Stock (422 underlying)
Award
Restricted Stock Units
[F4][F5][F8]
2026-03-16+349→ 16,908 total
Exercise: $0.00→ Common Stock (349 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F6]
2026-03-16−8,061→ 0 total
Exercise: $0.00→ Common Stock (8,061 underlying)

Footnotes (8)

[F1]Represents the settlement of restricted stock units ("RSUs").
[F2]Represents the settlement of performance stock units ("PSUs") granted in 2023.
[F3]The transaction reported reflects the withholding of RSUs and PSUs in satisfaction of the Reporting Person's tax liability.
[F4]Restricted stock units ("RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
[F5]Represents additional RSUs that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share.
[F6]These RSUs vested on January 1, 2026.
[F7]These RSUs vest on January 1, 2027, subject to the Reporting Person's continued employment.
[F8]These RSUs vest on January 1, 2028, subject to the Reporting Person's continued employment.

Signature

/s/ Benjamin Sullivan, Attorney-in-Fact|2026-03-18

1 file