Genie Energy director reports tax share withholding
Genie Energy Ltd. director and ten percent owner Howard S. Jonas had 9,105 Class B shares withheld on August 3, 2026 at $14.135 per share to cover taxes upon the vesting of restricted stock.
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Form Type
4
Rhea-AI Filing Summary
Genie Energy Ltd. director and ten percent owner Howard S. Jonas had 9,105 Class B shares withheld on August 3, 2026 at $14.135 per share to cover taxes upon the vesting of restricted stock. After this tax-withholding disposition, he directly holds 690,999 Class B shares, comprising common and restricted stock, and also reports additional indirect holdings through foundations, trusts, and a partnership.
Insider Trade Summary
Tax Withholding: 9,105 shares
Tax Withholding
1 txn
Insider
JONAS HOWARD S
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock, $.01 par value per share F1, F2 | 9,105 | $14.135 | $129K |
| Holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| Holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| Holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| Holding | Class B Common Stock, $.01 par value per share | -- | -- | -- |
| Holding | Class A Common Stock, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $.01 par value per share — 690,999 shares (Direct);
Class B Common Stock, $.01 par value per share — 275,047 shares (Indirect, By The Jonas Foundation);
Class B Common Stock, $.01 par value per share — 1,085,645 shares (Indirect, By HSJ 2019 Remainder Trust);
Class B Common Stock, $.01 par value per share — 950,398 shares (Indirect, By Debbie Y. Jonas 2018 Dynasty Trust);
Class B Common Stock, $.01 par value per share — 95,366 shares (Indirect, By HSJ 2022 Annuity Trust I);
Class A Common Stock, $.01 par value per share — 1,574,326 shares (Indirect, By Genie A Partners, L.P.)
Holdings Before and After:
Class B Common Stock, $.01 par value per share, 700,104 to 690,999 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
- F2. Consists of 530,709 shares held directly, 135,290 vested restricted shares of Class B common stock, and 25,000 unvested restricted shares of Class B common stock which shall vest on August 2, 2027.
Key Figures
Tax-withheld shares: 9,105 shares
Tax-withholding price: $14.135 per share
Direct Class B holdings after transaction: 690,999 shares
+4 more
7 metrics
Tax-withheld shares
9,105 shares
Class B Common Stock withheld on August 3, 2026 for tax purposes
Tax-withholding price
$14.135 per share
Value used for the 9,105 Class B shares withheld for taxes
Direct Class B holdings after transaction
690,999 shares
Direct Class B Common Stock held by Howard S. Jonas after August 3, 2026
Directly held common shares
530,709 shares
Portion of direct Class B holdings held as common shares
Vested restricted Class B shares
135,290 shares
Vested restricted shares included in direct Class B holdings
Unvested restricted shares
25,000 shares
Unvested Class B restricted stock scheduled to vest on August 2, 2027
Indirect Class A holdings
1,574,326 shares
Class A Common Stock held indirectly by Genie A Partners, L.P.
Key Terms
Restricted Stock, Class B Common Stock, vested restricted shares
3 terms
Restricted Stock financial
"Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock."
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, $.01 par value 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genie Energy (GNE) report for Howard S. Jonas on August 3, 2026?
Genie Energy reported that Howard S. Jonas had 9,105 Class B shares withheld at $14.135 per share to cover taxes on vested restricted stock. This was a tax-withholding disposition, not an open‑market purchase or sale of shares.
What restricted Genie Energy (GNE) stock remains unvested for Howard S. Jonas?
Following the August 3, 2026 vesting event, Howard S. Jonas retains 25,000 unvested restricted shares of Class B common stock. A footnote explains these shares are scheduled to vest on August 2, 2027, under the terms of the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
