Genie Energy (GNE) Insider Plans Sale of 12,000 Class B Shares

Rhea-AI Filing Summary

Genie Energy (GNE) filed a notice of proposed sale of restricted or control securities. The filing covers the planned sale of 12,000 shares of Class B common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $175,354.80. The filing notes that there were 24,920,628 shares of this class outstanding. The seller previously acquired these shares through restricted stock vesting under a registered plan, including 6,496 shares on 08/03/2024 and 5,504 shares on 08/03/2023, both as compensation for services rendered.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class B Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	12000	175354.80	24920628	11/18/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
CLASS B COMMON	08/03/2024	Restricted stock vesting under a registered plan	Issuer			6496	08/03/2024	Services Rendered
CLASS B COMMON	08/03/2023	Restricted stock vesting under a registered plan	Issuer			5504	08/03/2023	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What type of filing did Genie Energy (GNE) submit?

Genie Energy (GNE) submitted a Form 144, which is a notice of proposed sale of restricted or control securities by an affiliate or other covered holder.

How many Genie Energy (GNE) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 12,000 shares of Class B common stock of Genie Energy.

What is the aggregate market value of the Genie Energy (GNE) shares to be sold?

The aggregate market value of the 12,000 Class B common shares proposed to be sold is $175,354.80.

On which exchange will the Genie Energy (GNE) shares be sold and through which broker?

The shares are proposed to be sold on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many Genie Energy (GNE) Class B common shares are outstanding?

The filing states that there were 24,920,628 shares of Genie Energy Class B common stock outstanding.

How did the seller acquire the Genie Energy (GNE) shares being sold?

The seller acquired the shares through restricted stock vesting under a registered plan from the issuer, including 6,496 shares on 08/03/2024 and 5,504 shares on 08/03/2023, both as services rendered.

What is the approximate date of sale for the Genie Energy (GNE) shares in this Form 144?

The approximate date of sale indicated for the 12,000 Class B common shares is 11/18/2025.