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An announcement from Diversified Energy Company ( (DEC) ) is now available.
Diversified Energy Company has disclosed changes in shareholdings of senior executives following the vesting of previously awarded Performance Stock Units and Restricted Stock Units. The awards, which form part of the company’s long-term equity incentive plan, were settled with common stock transferred from its Employee Benefit Trust, net of standard tax and other withholdings.
Chief executive Rusty Hutson Jr. received 46,548 vested shares, taking his holding to 1,322,689 shares, or 1.82% of the company’s issued share capital. President and CFO Bradley Gray and senior executive vice president and chief legal and risk officer Benjamin Sullivan now hold 0.31% and 0.12% of the share capital respectively, reinforcing management’s equity alignment with shareholders without involving open-market transactions.
More about Diversified Energy Company
Diversified Energy Company is a publicly traded energy group listed in New York and London that focuses on acquiring, operating, and optimizing cash-generating, long-life energy assets. The company emphasizes improving environmental and operational performance of its portfolio and retiring assets safely, positioning itself as a sustainability-minded producer of reliable cash flow and shareholder value.
Find detailed analytics on DEC stock on TipRanks’ Stock Analysis page.