Johnson David Edward 4
4 · Diversified Energy Co · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Diversified Energy (DEC) Director David E. Johnson Receives RSU Award
What Happened
David E. Johnson, a director of Diversified Energy Co. (DEC), was granted 276 restricted stock units (RSUs) on 2026-06-30. The RSUs were recorded at an acquisition price of $0.00, reflecting that they were issued as dividend equivalent awards rather than a cash purchase.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (no indication the filing was late).
- Transaction type: Award/Grant (code A); 276 RSUs granted at $0.00 per share.
- Shares owned after the transaction: Not disclosed in the filing.
- Footnote F1: The 276 RSUs represent dividend equivalent rights related to the issuer's $0.29 per-share dividend; RSUs convert into common shares on a one-for-one basis upon vesting.
- Footnote F2: The filing also notes 13,868 RSUs (inclusive of previously accrued dividend equivalents) that vest on January 5, 2027, subject to Johnson’s continued service.
Context
These RSUs are awards (not open-market purchases or sales) and typically reflect compensation or dividend-equivalent accruals rather than a direct market signal. RSUs convert to common stock when they vest; here a portion is noted to vest on January 5, 2027, if the director remains in service.
Insider Transaction Report
Form 4
Johnson David Edward
Director
Transactions
- Award
Common stock, par value $0.01 per share
[F1][F2]2026-06-30+276→ 39,144 total
Footnotes (2)
- [F1]Represents additional restricted stock units ("RSUs") that accrued as dividend equivalent rights in connection with the Issuer's dividend payment of $0.29 per share. RSUs convert into shares of the Issuer's common stock on a one-for-one basis.
- [F2]Includes 13,868 RSUs (inclusive of previously accrued dividend equivalent rights) that vest on January 5, 2027, subject to the Reporting Person's continued service.
Signature
/s/ Benjamin Sullivan, Attorney-in-Fact|2026-07-01