Garrett Michael Walton 4

What Happened Garrett Michael Walton, Chief Accounting Officer of Diversified Energy Co. (DEC), was granted three restricted stock unit (RSU) awards on 2026-06-30 totaling 1,015 RSUs (270 + 408 + 337). Each award was reported at $0.00 (typical for RSU grants); the RSUs are derivative awards that convert one-for-one into shares of the company's common stock upon vesting. These are awards/compensation grants (transaction code A), not open‑market purchases or sales.

Key Details

• Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (filed timely).
• Grants: 270 RSUs, 408 RSUs, and 337 RSUs; reported price $0.00 per unit; total = 1,015 RSUs.
• RSU conversion: RSUs convert into common shares on a one-for-one basis (F1).
• Dividend equivalents: Some RSUs represent additional units accrued as dividend equivalents tied to the issuer’s $0.29 per-share dividend (F2).
• Vesting: the awards have staggered vesting — one lot vests in three equal installments on March 19 of 2027, 2028 and 2029 (F3); other lots vest Jan 1, 2027 (F4) and Jan 1, 2028 (F5). Vesting is subject to continued employment.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: No late filing noted; within the usual Form 4 reporting window.

Context RSUs are a form of equity compensation that convert to actual shares only when they vest — they are not immediate stock purchases or sales and do not by themselves signal a buy/sell decision by the insider. The dividend-equivalent RSUs simply increase the award count tied to prior dividend payments. For retail investors, RSU grants are primarily compensation-related and should be viewed alongside other insider activity and company fundamentals.