Diversified Energy (DEC) EVP Ridgway Ron Lee Receives 1,887 RSUs

What Happened

• Ridgway Ron Lee, EVP — Energy Marketing, was granted three restricted stock unit (RSU) awards on 2026-09-30 totaling 1,887 RSUs (663 + 694 + 530). Each award shows an acquisition price of $0.00 (award/derivative securities), so no cash was paid at grant. These RSUs are derivative awards that convert one-for-one into common shares.

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (timely; Form 4s are due within two business days).
• Grant type/code: A = Award/Grant (derivative RSUs) at $0.00.
• Total RSUs granted: 1,887.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1: RSUs convert 1-for-1 into common stock.
  • F2: Some RSUs represent dividend-equivalent rights tied to a $0.29/share dividend.
  • F3–F5: Vesting varies by award — some vest in three equal installments on March 19 of 2027, 2028 and 2029; others vest on January 1, 2027 or January 1, 2028. All vesting is subject to continued employment.

Context

• These were grant awards (not purchases or sales). RSUs are time- and service-based compensation: they don’t represent an immediate cash outlay or sale of shares and only become actual shares if and when they vest and convert. Such awards are common executive compensation and do not by themselves signal a buy or sell decision.