Diversified Energy Co·4

Jul 1, 6:09 PM ET

Johnson David Edward 4

Research Summary

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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.