Genesis Energy (NYSE: GEL) director reports phantom unit vesting and new award

Rhea-AI Filing Summary

Genesis Energy LP director Jack T. Taylor reported changes in his ownership of the partnership’s Common Units - Class A and related phantom units as of 01/02/2026. A total of 3,732 phantom units vested and were paid in cash, which is treated as acquiring and then surrendering an equal number of Common Units - Class A to the issuer, at a cash value based on the average closing price over the 20 trading days before vesting.

Following these transactions, Taylor directly owned 32,865 Common Units - Class A and 10,231 phantom units2,716 phantom units, which are scheduled to vest on 01/02/2027 and will be settled in cash based on the average closing price before that vesting date, including tandem distribution equivalent rights that accrue quarterly distributions during the vesting period.

01/05/2026 - 10:39 AM

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 TX 77002

(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)
01/02/2026

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)	01/02/2026		M		3,732(1)	A	(2)	36,597	D
Common Units - Class A(1)	01/02/2026		D		3,732(1)	D	$15.74(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Units	(2)	01/02/2026		M			3,732	01/02/2026	01/02/2026	Common Units - Class A	3,732	(2)	7,515	D
Phantom Units	(3)(4)	01/02/2026		A		2,716		01/02/2027	01/02/2027	Common Units - Class A	2,716	(3)(4)	10,231	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	01/04/2026
	** 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.

FAQ

What insider activity did GEL director Jack T. Taylor report on Form 4?

The filing shows that Jack T. Taylor, a director of Genesis Energy LP (GEL), reported the vesting and cash settlement of 3,732 phantom units and a new award of 2,716 phantom units on 01/02/2026.

How many Genesis Energy LP common units does Jack T. Taylor own after this transaction?

After the reported transactions, Jack T. Taylor beneficially owned 32,865 Common Units - Class A of Genesis Energy LP in direct form.

What happened to the 3,732 phantom units reported in the GEL Form 4?

The 3,732 phantom units vested on 01/02/2026 and were paid in cash, which is treated as acquiring and then disposing of 3,732 Common Units - Class A back to the issuer, with the cash value based on the average closing price over the prior 20 trading days.

What new equity-linked compensation did GEL grant to Jack T. Taylor?

Genesis Energy LP granted Jack T. Taylor 2,716 phantom units on 01/02/2026, scheduled to vest on 01/02/2027, each linked to Common Units - Class A and payable in cash at vesting.

What are the total phantom units Jack T. Taylor holds after this Genesis Energy LP filing?

Following the reported transactions, Jack T. Taylor beneficially owned 10,231 phantom units, each tied to Common Units - Class A and subject to cash-based settlement terms at vesting.

How is the cash value of GEL phantom units determined at vesting?

For both vested and future awards, the phantom units are 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.

Do GEL phantom units for Jack T. Taylor include distribution 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.