Johnson David Edward 4

What Happened

• David E. Johnson, a director of Diversified Energy Co. (DEC), was granted 286 restricted stock units (RSUs) on 2026-03-16. The grant was recorded at $0.00 per share (dividend-equivalent award), so no cash was paid.
• These 286 RSUs convert into shares of common stock on a one-for-one basis. The filing shows the award amount only; no sale or purchase of shares occurred.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18.
• Transaction type/code: Award/Grant (A); 286 RSUs @ $0.00; total cash value reported = $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote F1: These RSUs accrued as dividend equivalent rights tied to the issuer's $0.29 per-share dividend; RSUs convert 1:1 to common stock.
• Footnote F2: The filing also references 13,582 RSUs that vest on January 5, 2027, subject to continued service.
• Timeliness: Form 4 was filed two days after the transaction date (filed 2026-03-18 for a 2026-03-16 transaction); the filing appears timely based on standard Form 4 rules.

Context

• This was an award of dividend-equivalent RSUs, not a market purchase or sale. Such awards typically reflect dividend adjustments to equity compensation and do not necessarily signal insider sentiment about the stock.
• RSUs convert to shares 1:1 when vested; some related RSUs have a future vesting date (Jan 5, 2027) and are contingent on continued service.