Director-controlled funds sell $27.9M in Diversified Energy Co. stock
DEC sits 27% above its 52-week low of $10.08.
Summary
Funds controlled by Director Wade Randall S. disposed of 2.1 million shares of Diversified Energy Co. common stock for approximately $27.9 million.
Key Events · Ownership and Investor Activity · DEC
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Significant Share Disposition
Funds controlled by Director Wade Randall S. sold 2,100,000 shares of Diversified Energy Co. common stock.
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Substantial Transaction Value
The sale generated approximately $27.9 million at an average price of $13.28 per share.
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Institutional Nature of Sale
The shares were held by various investment funds, with the director exercising voting and dispositive power, indicating an institutional rather than personal sale.
Analysis · DEC · Energy & Transportation
This Form 4 filing reports a substantial sale of Diversified Energy Co. shares by investment funds over which Director Wade Randall S. has control. While the director has voting and dispositive power, the transaction represents a disposition by institutional entities rather than a direct personal sale by the director for their own account. The sale of approximately $27.9 million is a significant transaction, reducing institutional ownership and potentially creating a negative overhang on the stock. Investors should note the reduction in holdings by these funds.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DEC was trading at $12.78 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $1B. The 52-week trading range was $10.08 to $17.24. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.