Garrett Michael Walton 4
Research Summary
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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 279 restricted stock units (RSUs) on March 31, 2026. The RSUs are reported as a derivative acquisition at $0.00 per share (total reported value $0). These units convert one-for-one into common stock and were granted in part as dividend-equivalent RSUs related to the company’s $0.29 per-share dividend.
Key Details
- Transaction date: 2026-03-31 (Form 4 filed 2026-04-02) — filing appears timely.
- Transaction type/code: Award/Grant (A); derivative RSUs acquired.
- Quantity: 279 RSUs @ $0.00 (reported total $0).
- Vesting: RSUs vest in three equal installments on March 19, 2027, 2028 and 2029, subject to continued employment (footnote).
- Dividend equivalent: Some RSUs represent accrued dividend-equivalent rights from the $0.29/share dividend (footnote).
- Shares owned after transaction: Not specified in the provided report.
Context RSUs are a common form of equity compensation that do not immediately transfer tradable shares — they convert into actual shares only as they vest. Because this was an award rather than a purchase or sale, it does not directly indicate buying or selling pressure in the market; any impact on share count and float will occur when/if the RSUs vest and convert.