Genie Energy (NYSE: GNE) director receives 2,190-share Restricted Stock grant
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- Grant of Restricted Stock that vests in full immediately. Consists of fully vested shares of Restricted Stock.
Key Figures
Restricted Stock grant: 2,190 shares
Reference price per share: $14.255 per share
Shares owned after transaction: 2,190 shares
3 metrics
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
Key Terms
Restricted Stock, Class B Common Stock, Grant, award, or other acquisition
3 terms
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"
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.
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.