Genie Energy (NYSE: GNE) director Irwin Katsof files Form 3 showing no share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Genie Energy Ltd. director Irwin Katsof has filed an initial Form 3 reporting his beneficial ownership in the company’s Class B common stock. The filing shows 0 shares of Class B common stock held directly as of June 10, 2026, indicating no reported ownership position at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KATSOF IRWIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, par value $.01 per share — 0 shares (Direct)
Footnotes (1)
Key Figures
Class B shares owned: 0 shares
Transaction date: June 10, 2026
Ownership type: Direct (code D)
+1 more
4 metrics
Class B shares owned
0 shares
Total shares following transaction for Class B Common Stock
Transaction date
June 10, 2026
Date of reported holding entry on Form 3
Ownership type
Direct (code D)
Reported ownership code for the Class B Common Stock position
Reported transactions
1 holding entry
Single holding-type record with unknown transaction code
Key Terms
Form 3, Class B Common Stock, beneficial ownership, direct ownership
4 terms
Form 3 regulatory
"director Irwin Katsof has filed an initial Form 3 reporting his beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class B Common Stock financial
"Class B Common Stock, par value $.01 per share"
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.
beneficial ownership financial
"initial Form 3 reporting his beneficial ownership in the company’s Class B common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
direct ownership financial
"The Form 3 reports direct ownership type, labeled with code “D,”"
FAQ
What does Genie Energy (GNE) director Irwin Katsof’s Form 3 report?
The Form 3 reports that director Irwin Katsof holds 0 shares of Genie Energy Ltd. Class B common stock. This initial filing establishes his reported ownership position when he became subject to insider reporting requirements.
What security is covered in Irwin Katsof’s Form 3 for Genie Energy (GNE)?
The Form 3 covers Class B Common Stock, par value $0.01 per share of Genie Energy Ltd. This is the class of equity security for which his initial beneficial ownership, reported as zero shares, is being disclosed.
Does Irwin Katsof’s Form 3 show any recent buy or sell transactions in GNE stock?
No buy or sell transactions are shown. The filing contains a holding-type entry with an unknown transaction code and reports 0 shares owned after the event, with no purchase or sale amounts disclosed.
What is the ownership type reported for Irwin Katsof’s Genie Energy (GNE) holdings?
The Form 3 reports direct ownership type, labeled with code “D,” for the Class B common stock holding entry. However, the total shares following the transaction are 0.0000, so there is no direct beneficial ownership position reported.