STOCK TITAN

Genesis Energy director receives 3,152-unit cash award

The separate 3,152-Phantom-Unit award also carries cash-settlement terms tied to a 20-trading-day average and quarterly distribution equivalents.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Genesis Energy LP director Jack T. Taylor reported a cash settlement of 2,609 Phantom Units on October 1, 2026. The payment was deemed a disposition of the Phantom Units in exchange for acquisition of 2,609 Common Units - Class A and their simultaneous disposition to the issuer at $15.08 per unit. Taylor also received an award of 3,152 Phantom Units, payable in cash based on the average closing price for the 20 trading days immediately before vesting. The award includes distribution equivalent rights that accrue over the vesting period and are paid quarterly.

Insider Taylor Jack T
Role Director
Type Security Shares Price Value
Exercise Phantom Units F2 2,609 -- --
Grant/Award Phantom Units F3, F4 3,152 -- --
Exercise Common Units - Class A F1, F2 2,609 -- --
Disposition Common Units - Class A F1, F2 2,609 $15.08 $39K
Holdings After Transaction: Phantom Units — 19,164 contracts (Direct); Common Units - Class A — 32,865 shares (Direct)
Footnotes (4)
  1. F1. The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
  2. F2. Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.
  3. F3. The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.
  4. F4. Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly.
Phantom Units settled 2,609 Phantom Units Cash settlement on October 1, 2026
Common Units - Class A acquired 2,609 units Deemed acquisition in the cash settlement
Disposition price $15.08 per Common Unit - Class A Units simultaneously disposed to the issuer
Phantom Unit award 3,152 Phantom Units Award reported October 1, 2026
Cash settlement pricing period 20 trading days Average closing price immediately before vesting
Phantom Units financial
"payment of the phantom units in cash"
Phantom units are a form of employee compensation that mimics ownership in a company without issuing real shares: recipients receive cash or stock value tied to the company’s share price or performance when the units vest. They matter to investors because phantom units align employee incentives with shareholder value while avoiding share dilution; however, they create future cash obligations and can affect a company’s financial statements and cash flow.
tandem distribution equivalent rights financial
"Award includes tandem distribution equivalent rights"
vesting period financial
"accrued over the vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GEL units were involved in Jack T. Taylor’s October 1, 2026 phantom-unit settlement?

The settlement involved 2,609 Phantom Units. It was deemed to include acquisition of 2,609 Common Units - Class A and their simultaneous disposition to the issuer at $15.08 per unit.

What distribution rights came with Jack T. Taylor’s GEL Phantom Unit award?

The award includes tandem distribution equivalent rights. Quarterly distributions paid by the partnership on each Common Unit - Class A accrue over the vesting period and are paid quarterly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Taylor Jack T

(Last)(First)(Middle)
811 LOUISIANA, SUITE 1200

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENESIS ENERGY LP [ GEL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Units - Class A(1)10/01/2026M2,609(1)A(2)35,474D
Common Units - Class A(1)10/01/2026D2,609(1)D$15.08(2)32,865D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Units(2)10/01/2026M2,60910/01/202610/01/2026Common Units - Class A2,609(2)8,006D
Phantom Units(3)(4)10/01/2026A3,15210/01/202710/01/2027Common Units - Class A3,152(3)(4)11,158D
Explanation of Responses:
1. The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
2. Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.
3. The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.
4. Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly.
Remarks:
Jack T. Taylor10/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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