Genesis Energy CFO granted 67,016 phantom units

Jesulaitis Kristen O reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Jesulaitis Kristen O reported acquisition or exercise transactions in this Form 4 filing.

GENESIS ENERGY LP reported that its CFO and CLO, Kristen O. Jesulaitis, received a grant of 67,016 phantom units on April 14, 2026. Each phantom unit is economically equivalent to one common unit and will be settled in cash. The award vests in full on April 14, 2029, if she remains employed, and includes rights to cash amounts equal to quarterly cash distributions on the underlying common units during the vesting period.

Insider Trade Summary

Grant/Award: 67,016 shares

Grant/Award 1 txn

Insider Jesulaitis Kristen O

Role CFO & CLO

Type	Security	Shares	Price	Value
Grant/Award	Phantom Units	67,016	$0.00	$0.00

Holdings After Transaction: Phantom Units — 67,016 contracts (Direct)

Footnotes (3)

1. F1. Each phantom unit is the economic equivalent of one common unit. The phantom units will be paid in cash based on the closing price of the common units on the vesting date (or, if the vesting date is not a trading day, on the immediately preceding trading day).
2. F2. Award includes tandem distribution equivalent rights to receive an amount in cash concurrently with and equal to the quarterly per common unit cash distribution made by the issuer multiplied by the number of unvested phantom units.
3. F3. The reporting person was granted an award of 67,016 phantom units on April 14, 2026 that will vest fully on April 14, 2029, the third anniversary of the grant date, provided that the reporting person is still employed by the issuer on such vesting date, subject to earlier vesting upon certain events specified in the recipient's award agreement.

Key Figures

Phantom units granted: 67,016 units Exercise/vesting date: April 14, 2029 Transaction price: $0.0000 per unit +1 more

4 metrics

Phantom units granted 67,016 units Award to CFO & CLO on April 14, 2026

Exercise/vesting date April 14, 2029 Full vesting date for phantom units

Transaction price $0.0000 per unit Grant price for phantom units

Underlying common units 67,016 units Economic equivalent common units referenced by award

Key Terms

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

3 terms

Phantom Units financial

"Each phantom unit is the economic equivalent of one common unit."

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.

distribution equivalent rights financial

"Award includes tandem distribution equivalent rights to receive an amount in cash concurrently with and equal to the quarterly per common unit cash distribution."

Common Units - Class A financial

"underlying_security_title: Common Units - Class A"

FAQ

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

What insider transaction did GENESIS ENERGY LP (GEL) report for Kristen O. Jesulaitis?

GENESIS ENERGY LP reported that CFO and CLO Kristen O. Jesulaitis received a grant of 67,016 phantom units on April 14, 2026. These units are a compensation award economically tied to the company’s common units and will be settled in cash upon vesting.

How many phantom units were granted to the GENESIS ENERGY LP (GEL) CFO?

Kristen O. Jesulaitis was granted 67,016 phantom units. Each phantom unit is economically equivalent to one common unit of GENESIS ENERGY LP and represents a cash-settled derivative award that tracks the value of the partnership’s common units over time.

When do the phantom units granted by GENESIS ENERGY LP (GEL) to its CFO vest?

The 67,016 phantom units granted on April 14, 2026 vest fully on April 14, 2029. Vesting requires that Kristen O. Jesulaitis remain employed with GENESIS ENERGY LP through that date, subject to earlier vesting events specified in her award agreement.

Are the GEL phantom units granted to the CFO settled in stock or cash?

The phantom units granted to the GENESIS ENERGY LP CFO are settled in cash. Each unit pays cash based on the closing price of the common units on the vesting date, aligning the award’s value with the partnership’s common unit price performance at vesting.

Do the GEL phantom units include distribution equivalent rights?

Yes. The award includes distribution equivalent rights that pay cash equal to the quarterly per common unit cash distribution multiplied by the number of unvested phantom units. These payments occur concurrently with cash distributions on GENESIS ENERGY LP common units.

What underlying security do the GEL phantom units reference for the CFO award?

The phantom units reference GENESIS ENERGY LP’s Common Units – Class A. Each phantom unit is the economic equivalent of one such common unit, but the award is paid in cash rather than delivering actual partnership units upon vesting.

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

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Accepted by SEC EDGAR 05/13/2026 - 05:17 PM EDT Learn about SEC filing dates

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^*

Jesulaitis Kristen O

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Units	(1)(2)	04/14/2026		A		67,016(3)		04/14/2029	04/14/2029	Common Units - Class A	67,016(3)	(1)(2)	67,016	D

Explanation of Responses:

1. Each phantom unit is the economic equivalent of one common unit. The phantom units will be paid in cash based on the closing price of the common units on the vesting date (or, if the vesting date is not a trading day, on the immediately preceding trading day).

2. Award includes tandem distribution equivalent rights to receive an amount in cash concurrently with and equal to the quarterly per common unit cash distribution made by the issuer multiplied by the number of unvested phantom units.

3. The reporting person was granted an award of 67,016 phantom units on April 14, 2026 that will vest fully on April 14, 2029, the third anniversary of the grant date, provided that the reporting person is still employed by the issuer on such vesting date, subject to earlier vesting upon certain events specified in the recipient's award agreement.

Remarks:

	Kristen O. Jesulaitis	05/13/2026
	** 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)