Garrett Michael Walton 4
Research Summary
AI-generated summary
Diversified Energy (DEC) CAO Garrett Walton Receives RSU Award
What Happened
Garrett Michael Walton, Chief Accounting Officer of Diversified Energy Co. (DEC), received a grant of 13,203 restricted stock units (RSUs) on March 19, 2026. The grant is reported as a derivative award at $0.00 per unit (total reported grant value $0 at issuance). The RSUs convert one-for-one into shares of common stock and vest in three equal installments on March 19, 2027, 2028 and 2029.
Key Details
- Transaction date: 2026-03-19 (Form 4 filed 2026-03-23; filing does not indicate a late "L" status).
- Transaction type/code: Award/Grant (A) — 13,203 RSUs granted at $0.00.
- Vesting: Three equal installments on March 19 of 2027, 2028 and 2029 (see footnotes F1 & F2).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 — RSUs convert 1:1 to common shares; F2 — describes the grant date and vesting schedule.
Context
RSU grants are a common form of executive compensation and are restricted until they vest; they do not represent an immediate cash purchase or sale. Upon vesting the RSUs convert to actual shares (subject to any plan rules or withholding), at which point the insider would hold the underlying stock. This filing documents the grant itself and does not, by itself, indicate buying or selling pressure.