Genie Energy holders OK stock plan increase

Genie Energy Ltd. reported the results of its Annual Meeting of Stockholders held on June 10, 2026.

Accepted by SEC EDGAR 06/11/2026 - 04:17 PM EDT

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Form Type

8-K

Rhea-AI Filing Summary

Genie Energy Ltd. reported the results of its Annual Meeting of Stockholders held on June 10, 2026. Stockholders re-elected all director nominees to one-year terms with strong support, with vote "for" percentages ranging from 91.87% to 99.90%.

Stockholders also approved an amendment to the 2021 Stock Option and Incentive Plan, increasing the number of shares of Class B common stock available for awards by 70,000. The amendment received 5,930,700 votes for, 731,723 against and 31,247 abstentions, representing 88.60% of votes cast in favor.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Plan share increase: 70,000 shares Votes for stock plan amendment: 5,930,700 votes Votes against stock plan amendment: 731,723 votes +4 more

7 metrics

Plan share increase 70,000 shares Additional Class B common stock under 2021 Stock Option and Incentive Plan

Votes for stock plan amendment 5,930,700 votes Amendment to increase plan shares by 70,000

Votes against stock plan amendment 731,723 votes Amendment to increase plan shares by 70,000

Support for stock plan amendment 88.60% Percentage of votes cast in favor of amendment

Howard S. Jonas votes for 6,149,669 votes Election as director at Annual Meeting

Howard S. Jonas % votes for 91.87% Approval rate for director election

Irwin Katsof % votes for 99.90% Highest approval rate among director nominees

Key Terms

Annual Meeting of Stockholders, 2021 Stock Option and Incentive Plan, Broker Non-Vote, Class B common stock

4 terms

Annual Meeting of Stockholders regulatory

"Genie Energy Ltd.’s Annual Meeting of Stockholders was held on June 10, 2026"

2021 Stock Option and Incentive Plan financial

"approval of an amendment to the 2021 Stock Option and Incentive Plan that increased the number of shares"

Broker Non-Vote regulatory

A broker non-vote happens when a brokerage firm holds shares in street name for a client but does not cast a ballot on a particular shareholder item because the broker lacks discretionary authority to vote that matter. Think of it like a person who owns a ticket but the ticket-holder refuses to vote on some issues; the share counts for ownership but not for that vote, which can affect whether proposals reach the required number of votes or a quorum.

Class B common stock financial

"increased the number of shares of the Company’s Class B common stock available for the grant of awards"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

FAQ

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

What did Genie Energy (GNE) announce from its June 10, 2026 annual meeting?

Genie Energy reported voting results from its June 10, 2026 Annual Meeting of Stockholders. Shareholders re-elected all director nominees and approved an amendment increasing shares available under the 2021 Stock Option and Incentive Plan by 70,000 Class B common stock shares.

Were Genie Energy (GNE) directors re-elected at the 2026 annual meeting?

Yes, all Genie Energy director nominees were re-elected for one-year terms. Support was high, with “for” votes ranging from 6,149,669 to 6,686,724 and approval rates between 91.87% and 99.90% of votes cast for each nominee at the meeting.

How did shareholders vote on Genie Energy’s 2021 Stock Option and Incentive Plan amendment?

Shareholders approved amending Genie Energy’s 2021 Stock Option and Incentive Plan. The change increases available Class B common stock reserved for awards by 70,000 shares and received 5,930,700 votes for, 731,723 against, and 31,247 abstentions, with 88.60% of votes cast in favor.

How strong was support for Genie Energy (GNE) director Howard S. Jonas?

Howard S. Jonas received 6,149,669 votes for, 514,052 votes against, and 29,950 abstentions. This translated to 91.87% of votes cast in favor of his election to the board for a one-year term at the 2026 annual meeting.

Which Genie Energy (GNE) director received the highest shareholder support?

Director nominee Irwin Katsof received the highest support, with 6,686,724 votes for, 4,809 votes against, and 2,138 abstentions. This represented 99.90% of votes cast in favor of his election to the Genie Energy board at the 2026 meeting.

How many shares were added to Genie Energy’s 2021 stock plan?

The amendment added 70,000 shares of Genie Energy’s Class B common stock to the 2021 Stock Option and Incentive Plan. These additional shares expand the pool available for future equity awards granted to eligible participants under the company’s incentive compensation program.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 10, 2026

GENIE ENERGY LTD.

(Exact Name of Registrant as Specified in its Charter)

1-35327

(Commission File Number)

Delaware	45-2069276
(State or other jurisdiction of incorporation)	(IRS Employer Identification No.)

520 Broad Street Newark, New Jersey	07102
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (973) 438-3500

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of each exchange on which registered
Class B common stock, par value $.01 per share	GNE	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

(a) Genie Energy Ltd.’s (the “Company”) Annual Meeting of Stockholders was held on June 10, 2026 (the “Meeting”). Stockholders voted on the matters set forth below.

(b)(1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.

The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:

Nominee	Votes For	Votes Against	Abstentions	Broker Non-Vote	% Votes For
Howard S. Jonas	6,149,669	514,052	29,950	0	91.87
Irwin Katsof	6,686,724	4,809	2,138	0	99.90
Joyce Mason	6,680,573	10,918	2,180	0	99.80
W. Wesley Perry	6,359,758	302,266	31,646	0	95.01
Alan B. Rosenthal	6,340,525	321,513	31,632	0	94.72

(2) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the approval of an amendment to the 2021 Stock Option and Incentive Plan that increased the number of shares of the Company’s Class B common stock available for the grant of awards thereunder by 70,000.

The number of votes cast with respect to this matter was as follows:

Votes For		Votes Against		Abstentions		Broker Non-Vote		% Votes For
5,930,700		731,723		31,247		0		88.60

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GENIE ENERGY LTD.

	By:	/s/ Michael Stein
		Name: Michael Stein
		Title: Chief Executive Officer

Dated: June 11, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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