Garrett Michael Walton 4

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.