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Genesis Energy (NYSE: GEL) grants VP 34,965 cash-settled phantom units vesting 2029

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

Rhea-AI Filing Summary

alexander Richard R reported acquisition or exercise transactions in this Form 4 filing.

GENESIS ENERGY LP reported that vice president alexander Richard R received a grant of 34,965 phantom units on April 14, 2026. Each phantom unit is economically equivalent to one common unit and will be settled in cash based on the common unit closing price at vesting.

The award vests fully on April 14, 2029, the third anniversary of the grant date, if the executive remains employed, with potential earlier vesting under specified events. The grant also includes distribution equivalent rights that pay cash amounts equal to quarterly per-common-unit cash distributions on the unvested phantom units.

Positive

  • None.

Negative

  • None.
Insider alexander Richard R
Role Vice President
Type Security Shares Price Value
Grant/Award Phantom Units 34,965 $0.00 --
Holdings After Transaction: Phantom Units — 34,965 shares (Direct, null)
Footnotes (1)
  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). 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. The reporting person was granted an award of 34,965 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.
Phantom unit grant size 34,965 phantom units Grant date April 14, 2026
Underlying common units 34,965 common units equivalent Each phantom unit equals one common unit economically
Vesting date April 14, 2029 Full vesting on third anniversary of grant
Expiration date April 14, 2029 Phantom unit award expiration
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"
vesting date financial
"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"
economic equivalent financial
"Each phantom unit is the economic equivalent of one common unit."
SEC Form 4
FORM 4UNITED 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*
alexander Richard R

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Units(1)(2)04/14/2026A34,965(3)04/14/202904/14/2029Common Units - Class A34,965(3)(1)(2)34,965D
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 34,965 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:
Richard R. Alexander05/13/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did GENESIS ENERGY LP (GEL) report for alexander Richard R?

GENESIS ENERGY LP reported a grant of 34,965 phantom units to vice president alexander Richard R. These units were awarded on April 14, 2026 and are tied economically to the company’s common units, but will ultimately be settled in cash rather than shares.

When do the 34,965 phantom units granted by GENESIS ENERGY LP vest?

The 34,965 phantom units granted on April 14, 2026 will vest fully on April 14, 2029. This is the third anniversary of the grant date, and vesting requires that the reporting person remain employed, subject to earlier vesting in certain specified circumstances.

How are GENESIS ENERGY LP phantom units economically linked to common units?

Each phantom unit is the economic equivalent of one common unit of GENESIS ENERGY LP. At vesting, the phantom units are paid in cash based on the closing price of the common units on the vesting date, or the immediately preceding trading day if that date is not a trading day.

Will the GENESIS ENERGY LP phantom units be settled in cash or common units?

The phantom units will be settled in cash rather than in common units. Payment will equal the number of vested phantom units multiplied by the closing price of GENESIS ENERGY LP common units on the vesting date, or the prior trading day if vesting falls on a non-trading day.

What are distribution equivalent rights attached to GENESIS ENERGY LP phantom units?

The award includes distribution equivalent rights that pay cash amounts alongside regular distributions. For each unvested phantom unit, the holder receives cash equal to the quarterly per-common-unit cash distribution multiplied by the number of unvested phantom units, paid concurrently with the issuer’s quarterly distribution.