Genesis Energy (NYSE: GEL) SVP adds 12,340 units in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENESIS ENERGY LP Senior Vice President buys units on the open market. Garland G. Gaspard purchased 12,340 Common Units - Class A at an average price of $16.34 per unit. After this open-market purchase, he directly owns 36,881 common units of Genesis Energy.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,340 shares ($201,636)
Net Buy
1 txn
Insider
Gaspard Garland G
Role
Senior Vice President
Bought
12,340 shs ($202K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units - Class A | 12,340 | $16.34 | $202K |
Holdings After Transaction:
Common Units - Class A — 36,881 shares (Direct, null)
Footnotes (1)
Key Figures
Units purchased: 12,340 units
Purchase price per unit: $16.34
Units owned after transaction: 36,881 units
+1 more
4 metrics
Units purchased
12,340 units
Common Units - Class A bought in open market
Purchase price per unit
$16.34
Average price for Common Units - Class A
Units owned after transaction
36,881 units
Direct holdings following the purchase
Net shares bought
12,340 units
Net buy shares from transaction summary
Key Terms
Common Units - Class A, open-market purchase, Form 4
3 terms
Common Units - Class A financial
"security_title: "Common Units - Class A""
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GEL executive Garland G. Gaspard report?
Garland G. Gaspard, a Senior Vice President of GENESIS ENERGY LP, reported an open-market purchase of 12,340 Common Units - Class A. The units were bought at an average price of $16.34 per unit, increasing his direct ownership stake.
How many GENESIS ENERGY LP (GEL) units does the SVP hold after this trade?
Following the reported purchase, Senior Vice President Garland G. Gaspard directly owns 36,881 Common Units - Class A of GENESIS ENERGY LP. This figure reflects his position immediately after buying 12,340 units in the open market.
What price did the GENESIS ENERGY LP insider pay per unit in this Form 4?
Garland G. Gaspard paid an average price of $16.34 per Common Unit - Class A. This transaction was classified as an open-market purchase, indicating he bought the units on the public market rather than receiving them as compensation.
Is the GENESIS ENERGY LP insider transaction a buy or sell?
The reported GENESIS ENERGY LP insider transaction is a buy. Senior Vice President Garland G. Gaspard executed an open-market purchase of 12,340 Common Units - Class A, increasing his direct holdings to 36,881 units after the trade.
What does the Form 4 for GENESIS ENERGY LP (GEL) reveal about insider activity?
The Form 4 shows a single insider buying transaction by Senior Vice President Garland G. Gaspard. He acquired 12,340 Common Units - Class A at $16.34 each, bringing his direct ownership to 36,881 units after the purchase.