Ridgway Ron Lee 4

What Happened

• Ron Lee Ridgway, EVP — Energy Marketing at Diversified Energy Co. (DEC), received three restricted stock unit (RSU) awards on 2026-06-30 totaling 1,877 RSUs (660 + 690 + 527). Each award was reported as a grant (code A) at $0.00 per share (derivative award), so no cash purchase or sale occurred. The RSUs convert one-for-one into common stock upon vesting.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-01 (appears timely).
• Awards: 660 RSUs, 690 RSUs, and 527 RSUs (total 1,877 RSUs); price per unit reported $0.00 (grant).
• Footnotes: RSUs convert 1-for-1 into common stock (F1); additional RSUs include dividend-equivalent accruals tied to the issuer’s $0.29/share dividend (F2).
• Vesting: one tranche vests in three equal installments on Mar 19 of 2027, 2028 and 2029 (F3); another tranche vests Jan 1, 2027 (F4); the third vests Jan 1, 2028 (F5). All vesting is subject to continued employment.
• Shares owned after the transaction are not specified in the provided excerpt. No tax-withholding or sale-to-cover noted in the provided details.

Context

• These are compensation awards (RSUs), not open-market purchases or sales. RSUs are derivative grants that only become actual shares if and when they vest; they do not represent immediate cash proceeds or disposals. Dividend-equivalent RSUs reflect additional units credited for declared dividends and are common in equity compensation plans.