4Accepted Oct 1, 5:34 PM ET
Diversified Energy (DEC) Chief Accounting Officer Receives RSU Award
Accepted (ET)
5:34 PM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
10.7 KB
Summary
Diversified Energy (DEC) Chief Accounting Officer Receives RSU Award
What Happened
- Garrett Michael Walton, Chief Accounting Officer of Diversified Energy Co. (DEC), was granted three restricted stock unit (RSU) awards on 2026-09-30 totaling 1,019 RSUs (410 + 339 + 270). Each RSU converts one-for-one into common shares (F1). The awards were granted at $0.00 (typical for RSU compensation) and are reported as derivative securities (transaction code A).
Key Details
- Transaction date: 2026-09-30; Form 4 filed: 2026-10-01 (timely).
- Grants: 410 RSUs, 339 RSUs, and 270 RSUs — total 1,019 RSUs; acquisition price $0.00 each.
- Vesting notes from the filing: one award vests 1/1/2027 (F3), one vests 1/1/2028 (F4), and one vests in three equal installments on 3/19/2027, 3/19/2028 and 3/19/2029 (F5).
- All RSUs convert one-for-one into common stock on vesting (F1). The filing also notes dividend-equivalent RSUs tied to the issuer’s $0.29/share dividend (F2).
- Shares owned after the transaction are not provided in the supplied excerpt.
Context
- These are compensation awards (RSUs), not open-market purchases or sales — no cash changed hands at grant. RSUs only become actual shares if and when they vest, and vesting is contingent on continued employment per the schedules above. Awards and dividend-equivalent accruals are common executive compensation and do not by themselves indicate a buy/sell signal.