Genesis Energy (GEL) director reports vesting and new phantom unit grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GENESIS ENERGY LP director Jack T. Taylor reported compensation-related unit activity rather than open-market trading. On July 1, 2026, 2,575 phantom units vested and were paid in cash, which accounting rules treat as acquiring 2,575 Common Units - Class A and simultaneously disposing of the same number back to the issuer at $14.77 per unit.

He also received a new grant of 3,065 phantom units that can convert into an equal number of common units after vesting. Following these transactions, he directly holds 35,440 Common Units - Class A and 7,550 phantom units, reflecting ongoing equity-linked compensation rather than discretionary buying or selling in the market.

Insider Trade Summary

2,575 shares exercised/converted

Mixed 4 txns

Insider Taylor Jack T

Role null

Type	Security	Shares	Price	Value
Exercise	Phantom Units	2,575	$0.00	--
Grant/Award	Phantom Units	3,065	$0.00	--
Exercise	Common Units - Class A	2,575	$0.00	--
Disposition	Common Units - Class A	2,575	$14.77	$38K

Holdings After Transaction: Phantom Units — 7,550 shares (Direct, null); Common Units - Class A — 35,440 shares (Direct, null)

Footnotes (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. 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. 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. 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.

Key Figures

Phantom units vested: 2,575 units Deemed disposition price: $14.77 per unit Common units held after: 35,440 units +3 more

6 metrics

Phantom units vested 2,575 units Vested and paid in cash on July 1, 2026

Deemed disposition price $14.77 per unit Common Units - Class A in issuer disposition

Common units held after 35,440 units Direct holdings after July 1, 2026 transactions

New phantom unit grant 3,065 units Award of phantom units on July 1, 2026

Phantom units outstanding after 7,550 units Remaining phantom units after vesting and grant

Derivative exercises 2,575 units Exercise or conversion of derivative security

Key Terms

Phantom Units, Common Units - Class A, derivative security, distribution equivalent rights

4 terms

Phantom Units financial

"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."

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.

Common Units - Class A financial

"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."

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

distribution equivalent rights financial

"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."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 05:27 PM Accepted by SEC EDGAR 07/02/2026 - 05:27 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Units - Class A⁽¹⁾	07/01/2026		M		2,575⁽¹⁾	A	⁽²⁾	35,440	D
Common Units - Class A⁽¹⁾	07/01/2026		D		2,575⁽¹⁾	D	$14.77⁽²⁾	32,865	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Units	⁽²⁾	07/01/2026		M			2,575	07/01/2026	07/01/2026	Common Units - Class A	2,575	⁽²⁾	7,550	D
Phantom Units	⁽³⁾⁽⁴⁾	07/01/2026		A		3,065		07/01/2027	07/01/2027	Common Units - Class A	3,065	⁽³⁾⁽⁴⁾	10,615	D

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. Taylor	07/02/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Jack T. Taylor report at GENESIS ENERGY LP (GEL)?

Jack T. Taylor reported vesting of 2,575 phantom units settled in cash, a deemed acquisition and simultaneous disposition of 2,575 Common Units - Class A, and a new grant of 3,065 phantom units tied to future vesting.

Did the GENESIS ENERGY LP (GEL) director buy or sell units on the open market?

The filing shows no open-market purchases or sales. Reported movements reflect vesting, cash settlement, and grants of phantom units, along with a deemed disposition of common units back to the issuer as part of that settlement.

How many GENESIS ENERGY LP (GEL) common units does Jack T. Taylor hold after these transactions?

After the reported activity, Jack T. Taylor directly holds 35,440 Common Units - Class A. This reflects his equity position following the deemed acquisition and disposition tied to the phantom unit cash settlement on July 1, 2026.

What phantom unit award did Jack T. Taylor receive from GENESIS ENERGY LP (GEL)?

He received a grant of 3,065 phantom units, each linked to one Common Unit - Class A. These will be paid in cash based on the average closing price for the 20 trading days immediately before the vesting date.

How are GENESIS ENERGY LP (GEL) phantom units settled for Jack T. Taylor?

Phantom units are paid in cash based on the average closing price of Common Units - Class A over the 20 trading days before vesting. Settlement is deemed an exchange of phantom units for underlying units and a simultaneous disposition of those units to the issuer.

Do GENESIS ENERGY LP (GEL) phantom units include distribution equivalent rights?

Yes. The award includes tandem distribution equivalent rights under which quarterly distributions paid on each Common Unit - Class A are accrued over the vesting period and paid quarterly alongside the phantom unit award.