STOCK TITAN

[Form 4] GENESIS ENERGY LP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Genesis Energy LP insider James E. Davison reported transactions on 10/01/2025 involving Class A common units and related phantom units. Mr. Davison received 2,778 vested phantom units that were treated as a disposition of the phantom units and an acquisition of the underlying Common Units - Class A, and those vested units were paid in cash based on the 20-trading-day average closing price prior to vesting. On the same date 2,778 Common Units - Class A were sold at a price of $16.53 each. Following the reported activity, the filing shows Mr. Davison directly beneficially owns approximately 2.717 million Common Units - Class A and indirectly owns 1,010,835 Common Units through Terminal Services, Inc., of which he is the sole stockholder.

Un funzionario di Genesis Energy LP, James E. Davison, ha riportato operazioni il 01/10/2025 che coinvolgono unità ordinarie Classe A e unità fantasma correlate. Il signor Davison ha ricevuto 2.778 unità fantasma vestite che sono state trattate come una cessione delle unità fantasma e un’acquisizione delle unità ordinarie sottostanti – Classe A; tali unità vestite sono state pagate in contanti in base al prezzo medio di chiusura di 20 giorni di negoziazione prima della vesting. Nello stesso giorno sono state vendute 2.778 unità ordinarie Classe A al prezzo di 16,53 $ ciascuna. A seguito di queste operazioni, la documentazione mostra che il signor Davison detiene direttamente circa 2,717 milioni di unità ordinarie Classe A e detiene indirectamente 1.010.835 unità ordinarie tramite Terminal Services, Inc., di cui è l’unico azionista.

El asesor de Genesis Energy LP, James E. Davison, reportó operaciones el 01/10/2025 que involucraron unidades comunes Clase A y unidades fantasma relacionadas. El señor Davison recibió 2.778 unidades fantasma vested que se trataron como una disposición de las unidades fantasma y una adquisición de las Unidades Comunes subyacentes - Clase A, y esas unidades vested se pagaron en efectivo según el precio medio de cierre de los últimos 20 días de negociación previos a la vesting. En la misma fecha se vendieron 2.778 Unidades Comunes Clase A a un precio de 16,53 $ cada una. Tras la actividad reportada, el archivo muestra que el Sr. Davison posee directamente aproximadamente 2,717 millones de Unidades Comunes Clase A y posee indirectamente 1.010.835 Unidades Comunes a través de Terminal Services, Inc., de la cual es el único accionista.

Genesis Energy LP 내의 내부자 제임스 E. 데이슨이 2025년 10월 1일 클래스 A 보통주와 관련 가상주를 포함한 거래를 보고했습니다. 데이슨 씨는 2,778주 vest된 가상주를 받았고 이는 가상주의 처분과 기초 보통주 - 클래스 A의 취득으로 취급되었으며, vesting 전에 20거래일 평균 종가를 기준으로 현금으로 지급되었습니다. 같은 날 2,778주 클래스 A 보통주도 주당 16.53달러의 가격으로 매각되었습니다. 보고된 거래 이후, 서류상 데이슨 씨는 직접적으로 대략 2.717백만 주의 클래스 A 보통주를 보유하고 있으며, Terminal Services, Inc.를 통해 간접적으로 1,010,835주의 보유도 있으며, 그 회사의 유일한 주주이기도 합니다.

Un initié de Genesis Energy LP, James E. Davison, a déclaré des transactions le 01/10/2025 impliquant des unités ordinaires Classe A et des unités fantômes associées. M. Davison a reçu 2 778 unités fantômes acquises qui ont été traitées comme une cession des unités fantômes et une acquisition des unités ordinaires sous-jacentes - Classe A, et ces unités acquises ont été payées en espèces en fonction du prix moyen de clôture sur 20 jours de négociation précédant la vesting. À la même date, 2 778 unités ordinaires Classe A ont été vendues à 16,53 $ chacune. Suite à ces activités, le dossier indique que M. Davison détient directement environ 2,717 millions d’unités ordinaires Classe A et détient indirectement 1 010 835 unités ordinaires par le biais de Terminal Services, Inc., dont il est l’unique actionnaire.

Genesis Energy LP Insider James E. Davison meldete am 01.10.2025 Transaktionen mit Class A Stammaktien und zugehörigen Phantomaktien. Herr Davison erhielt 2.778 vestete Phantomaktien, die als Veräußerung der Phantomaktien und Erwerb der zugrunde liegenden Class A Stammaktien behandelt wurden; diese vesteten Einheiten wurden in bar basierend auf dem 20-Tage-Durchschnittsschlusskurs vor dem Vesting ausgezahlt. Am gleichen Datum wurden 2.778 Class A Stammaktien zu je 16,53 USD verkauft. Nach den gemeldeten Aktivitäten zeigt die Einreichung, dass Davison direkt etwa 2,717 Millionen Class A Stammaktien besitzt und indirekt 1.010.835 Class A Stammaktien über Terminal Services, Inc. besitzt, dessen einziger Aktionär er ist.

أفاد مطلعون في Genesis Energy LP عن معاملات في 01/10/2025 تشمل وحدات عادية من Class A ووحدات وهمية مرتبطة. تلقى السيد داڤيسون 2,778 وحدة وهمية مُكتسبة اعتُبرت كمخالصة للوحدات الوهمية واشتِراك في الحصول على الوحدات العادية الكلاَس A الأساسية، وقد تم دفع تلك الوحدات المكتسبة نقداً وفقاً لسعر الإغلاق المتوسط لعشرين يوماً من التداول قبل الاستحقاق. في التاريخ نفسه، تم بيع 2,778 وحدة عادية من Class A بسعر 16.53 دولاراً لكل وحدة. عقب النشاط المذكور، تُظهر الأوراق أن السيد داڤيسون يمتلك فعلياً حوالي 2.717 مليون وحدة عادية من Class A مباشرة، وبشكل غير مباشر 1,010,835 وحدة عادية عبر Terminal Services, Inc., التي هو المساهم الوحيد فيها.

Genesis Energy LP 的内部人士James E. Davison 于2025年10月1日披露了涉及A类普通股及相关虚拟单位的交易。 Davison先生收到了2,778个已归属的虚拟单位,这些单位被视为对虚拟单位的处置以及对基础A类普通股的取得——这些已归属单位的现金支付基于 vesting 前20个交易日的平均收盘价。 同日,2,778股A类普通股按每股16.53美元的价格出售。 报告的活动之后,文件显示Davison先生直接拥有大约2717万股A类普通股,间接通过Terminal Services, Inc.持有1,010,835股,同为该公司的唯一股东。

Positive
  • Reporting provides clear disclosure of the phantom unit settlement mechanism and pricing (cash based on 20-day average).
  • The reporting person retains substantial ownership post-transaction: ~2.717 million direct units plus 1,010,835 indirect units via Terminal Services, Inc.
Negative
  • A small sale of 2,778 Common Units occurred at $16.53, representing a reduction in direct holdings.

Insights

TL;DR: Insider exercised/settled phantom units for cash and sold 2,778 Class A units; substantial remaining direct and indirect holdings remain.

The filing documents a routine compensation-related settlement where phantom units vested and were cash-settled using the 20-day average price, with a simultaneous reported sale of 2,778 Common Units at $16.53. The net effect is a modest reduction in direct holdings from the reported amounts, while aggregate beneficial ownership remains large: direct holdings in the low millions plus an additional 1,010,835 units held indirectly via Terminal Services, Inc. The transaction appears administrative and compensation-driven rather than an open-market strategic disposition.

TL;DR: Transactions reflect standard executive compensation settlement and a small sale; disclosures are complete and indicate indirect ownership via a private entity.

The Form 4 clearly states the nature of the phantom unit settlement, the cash valuation method (20-day average), and the reporting person’s indirect ownership through Terminal Services, Inc., of which he is sole shareholder. Documentation is specific about quantities and pricing, and the filing is signed and dated. From a governance perspective, the disclosure meets Section 16 requirements and provides investors with transparent details on the mechanism and amounts involved.

Un funzionario di Genesis Energy LP, James E. Davison, ha riportato operazioni il 01/10/2025 che coinvolgono unità ordinarie Classe A e unità fantasma correlate. Il signor Davison ha ricevuto 2.778 unità fantasma vestite che sono state trattate come una cessione delle unità fantasma e un’acquisizione delle unità ordinarie sottostanti – Classe A; tali unità vestite sono state pagate in contanti in base al prezzo medio di chiusura di 20 giorni di negoziazione prima della vesting. Nello stesso giorno sono state vendute 2.778 unità ordinarie Classe A al prezzo di 16,53 $ ciascuna. A seguito di queste operazioni, la documentazione mostra che il signor Davison detiene direttamente circa 2,717 milioni di unità ordinarie Classe A e detiene indirectamente 1.010.835 unità ordinarie tramite Terminal Services, Inc., di cui è l’unico azionista.

El asesor de Genesis Energy LP, James E. Davison, reportó operaciones el 01/10/2025 que involucraron unidades comunes Clase A y unidades fantasma relacionadas. El señor Davison recibió 2.778 unidades fantasma vested que se trataron como una disposición de las unidades fantasma y una adquisición de las Unidades Comunes subyacentes - Clase A, y esas unidades vested se pagaron en efectivo según el precio medio de cierre de los últimos 20 días de negociación previos a la vesting. En la misma fecha se vendieron 2.778 Unidades Comunes Clase A a un precio de 16,53 $ cada una. Tras la actividad reportada, el archivo muestra que el Sr. Davison posee directamente aproximadamente 2,717 millones de Unidades Comunes Clase A y posee indirectamente 1.010.835 Unidades Comunes a través de Terminal Services, Inc., de la cual es el único accionista.

Genesis Energy LP 내의 내부자 제임스 E. 데이슨이 2025년 10월 1일 클래스 A 보통주와 관련 가상주를 포함한 거래를 보고했습니다. 데이슨 씨는 2,778주 vest된 가상주를 받았고 이는 가상주의 처분과 기초 보통주 - 클래스 A의 취득으로 취급되었으며, vesting 전에 20거래일 평균 종가를 기준으로 현금으로 지급되었습니다. 같은 날 2,778주 클래스 A 보통주도 주당 16.53달러의 가격으로 매각되었습니다. 보고된 거래 이후, 서류상 데이슨 씨는 직접적으로 대략 2.717백만 주의 클래스 A 보통주를 보유하고 있으며, Terminal Services, Inc.를 통해 간접적으로 1,010,835주의 보유도 있으며, 그 회사의 유일한 주주이기도 합니다.

Un initié de Genesis Energy LP, James E. Davison, a déclaré des transactions le 01/10/2025 impliquant des unités ordinaires Classe A et des unités fantômes associées. M. Davison a reçu 2 778 unités fantômes acquises qui ont été traitées comme une cession des unités fantômes et une acquisition des unités ordinaires sous-jacentes - Classe A, et ces unités acquises ont été payées en espèces en fonction du prix moyen de clôture sur 20 jours de négociation précédant la vesting. À la même date, 2 778 unités ordinaires Classe A ont été vendues à 16,53 $ chacune. Suite à ces activités, le dossier indique que M. Davison détient directement environ 2,717 millions d’unités ordinaires Classe A et détient indirectement 1 010 835 unités ordinaires par le biais de Terminal Services, Inc., dont il est l’unique actionnaire.

Genesis Energy LP Insider James E. Davison meldete am 01.10.2025 Transaktionen mit Class A Stammaktien und zugehörigen Phantomaktien. Herr Davison erhielt 2.778 vestete Phantomaktien, die als Veräußerung der Phantomaktien und Erwerb der zugrunde liegenden Class A Stammaktien behandelt wurden; diese vesteten Einheiten wurden in bar basierend auf dem 20-Tage-Durchschnittsschlusskurs vor dem Vesting ausgezahlt. Am gleichen Datum wurden 2.778 Class A Stammaktien zu je 16,53 USD verkauft. Nach den gemeldeten Aktivitäten zeigt die Einreichung, dass Davison direkt etwa 2,717 Millionen Class A Stammaktien besitzt und indirekt 1.010.835 Class A Stammaktien über Terminal Services, Inc. besitzt, dessen einziger Aktionär er ist.

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).
1. Name and Address of Reporting Person*
Davison James E

(Last) (First) (Middle)
2000 FARMERVILLE HIGHWAY

(Street)
RUSTON LA 71270

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Units - Class A(1) 10/01/2025 M 2,778(1) A (2) 2,720,668 D
Common Units - Class A(1) 10/01/2025 D 2,778(1) D $16.53(2) 2,717,890 D
Common Units - Class A 1,010,835 I Terminal Services, Inc.(3)
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 (2) 10/01/2025 M 2,778 10/01/2025 10/01/2025 Common Units - Class A 2,778 (2) 8,315 D
Phantom Units (4)(5) 10/01/2025 A 2,420 10/01/2026 10/01/2026 Common Units - Class A 2,420 (4)(5) 10,735 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 Reporting Person is the sole stockholder of Terminal Services, Inc.
4. 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.
5. 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:
James E. Davison 10/02/2025
** 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.

FAQ

What transactions did the insider report for Genesis Energy LP (GEL)?

The filing reports that on 10/01/2025 phantom units vested and were cash-settled resulting in an acquisition deemed with a simultaneous disposition; additionally 2,778 Class A Common Units were sold at $16.53 each.

How many Genesis Energy LP (GEL) units does James E. Davison beneficially own after the reported transactions?

Following the transactions the filing shows Mr. Davison directly beneficially owns approximately 2,717,890 Class A Common Units and indirectly owns 1,010,835 Class A Common Units through Terminal Services, Inc.

How was the cash payment for the phantom units calculated?

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 vesting date.

What is Terminal Services, Inc. in relation to the reporting person?

The filing states the reporting person is the sole stockholder of Terminal Services, Inc., which holds 1,010,835 Class A Common Units indirectly for the reporting person.

When was the Form 4 signed by the reporting person?

The signature block shows James E. Davison signed the Form 4 on 10/02/2025.
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