STOCK TITAN

Genie Energy (NYSE: GNE) director receives 2,190-share Restricted Stock grant

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

Rhea-AI Filing Summary

KATSOF IRWIN reported acquisition or exercise transactions in this Form 4 filing.

Genie Energy Ltd. director Irwin Katsof reported receiving a grant of 2,190 shares of Class B Common Stock at a reference price of $14.255 per share. The award is Restricted Stock that vests in full immediately, and his directly held position after the grant is 2,190 shares.

Positive

  • None.

Negative

  • None.
Insider KATSOF IRWIN
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock, par value $.01 per share 2,190 $14.255 $31K
Holdings After Transaction: Class B Common Stock, par value $.01 per share — 2,190 shares (Direct, null)
Footnotes (1)
  1. Grant of Restricted Stock that vests in full immediately. Consists of fully vested shares of Restricted Stock.
Restricted Stock grant 2,190 shares Non-derivative Class B Common Stock grant on 2026-06-10
Reference price per share $14.255 per share Transaction price for the 2,190-share grant
Shares owned after transaction 2,190 shares Total non-derivative Class B Common Stock directly held after grant
Restricted Stock financial
"Grant of Restricted Stock that vests in full immediately."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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*
KATSOF IRWIN

(Last)(First)(Middle)
C/O GENIE ENERGY LTD.
520 BROAD STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Genie Energy Ltd. [ GNE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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
Class B Common Stock, par value $.01 per share06/10/2026A2,190(1)A$14.2552,190(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Grant of Restricted Stock that vests in full immediately.
2. Consists of fully vested shares of Restricted Stock.
/s/ Irwin Katsof06/11/2026
** 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 Genie Energy (GNE) director Irwin Katsof report?

Irwin Katsof reported an acquisition of 2,190 shares of Genie Energy Class B Common Stock. The Form 4 shows this as a grant of Restricted Stock, rather than an open-market purchase, with all shares vesting immediately upon grant.

Was the Genie Energy (GNE) insider transaction an open-market buy or a stock grant?

The transaction was a stock grant, not an open-market buy. The Form 4 code A and footnotes describe it as a grant of Restricted Stock that vests in full immediately, awarded directly to director Irwin Katsof.

How many Genie Energy (GNE) shares does Irwin Katsof hold after this Form 4?

After the reported transaction, Irwin Katsof directly holds 2,190 shares of Class B Common Stock. The Form 4’s ownership table lists this as the total number of non-derivative shares beneficially owned following the grant.

What is the reported price for the Genie Energy (GNE) Restricted Stock grant?

The grant is reported at a reference price of $14.255 per share for the 2,190 Restricted Stock shares. This figure is shown as the transaction price per share, even though the shares were awarded as compensation rather than bought in the market.

Does the Genie Energy (GNE) Form 4 show any stock sales or derivative exercises?

The Form 4 does not report any sales or derivative exercises. It shows a single non-derivative transaction coded A, reflecting a grant or award acquisition of 2,190 Restricted Stock shares, with no accompanying dispositions or option exercises.