Ridgway Ron Lee 4

What Happened

• Ron Ridgway, EVP — Energy Marketing at Diversified Energy Co (DEC), received a grant of 684 restricted stock units (RSUs) on 2026-03-31. The reported acquisition price is $0.00 (derivative award). RSUs are not an immediate cash purchase or sale; they convert into common shares one-for-one when they vest.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-02.
• Award: 684 RSUs reported as a derivative grant at $0.00.
• Shares owned after transaction: not specified in the information provided.
• Footnotes from the filing:
  • F1: RSUs convert into common stock on a one-for-one basis.
  • F2: These include additional RSUs that accrued as dividend equivalents tied to the issuer's $0.29/share dividend.
  • F3: RSUs vest in three equal installments on March 19 of 2027, 2028 and 2029, subject to continued employment.
• No late-filing flag noted in the provided record.

Context

• This was an equity award (derivative grant), not an open-market buy or sell. RSU grants are common compensation and do not necessarily signal immediate trading intent; value to the insider depends on DEC’s share price when the RSUs vest and convert to shares.
• For retail investors, awards are informative about compensation and retention but are not the same as insider purchases (which may be viewed more directly as a bullish signal).