Thomas Martin Keith 4

What Happened Thomas M. Keith, a director of Diversified Energy Co. (DEC), was granted 215 restricted stock units (RSUs) on 2026-03-16. The filing reports the award at $0.00 (these RSUs were issued as dividend-equivalent rights tied to the issuer's dividend). RSUs convert into shares on a one-for-one basis when they vest.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (filed within the usual two-business-day window).
• Transaction type: A (Award/Grant). Quantity: 215 RSUs; price reported: $0.00; immediate dollar value shown: $0.
• Footnote F1: These 215 RSUs represent dividend-equivalent rights from the issuer's $0.29 per-share dividend; RSUs convert 1:1 into common shares.
• Footnote F2: The filing also notes the reporting person holds 10,187 RSUs that vest on January 5, 2027, subject to continued service.
• Shares owned after transaction: not specified in the filing.

Context These were dividend-equivalent RSUs (an award), not an open-market purchase or sale. Awards tied to dividends are often routine and reflect company compensation/dividend policies rather than a director buying or selling stock. The eventual value to the insider depends on Diversified Energy's share price when the RSUs convert or vest and any applicable vesting/service conditions.