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Genie Energy (GNE) insider logs tax-withheld Class B share disposition

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

Rhea-AI Filing Summary

Genie Energy director and 10% owner Howard S. Jonas reported a tax-withholding disposition of 11,114 shares of Class B common stock at $14.13 per share on February 10, 2026. These shares were withheld by the company to cover taxes on vested restricted stock.

After this transaction, he beneficially owned 700,104 Class B shares directly, consisting of 530,709 shares held outright, 119,395 vested restricted shares, and 50,000 unvested restricted shares, with 25,000 scheduled to vest on August 3, 2026 and 25,000 on August 2, 2027. He also reported additional indirect holdings in various trusts, a foundation, and a partnership.

Positive

  • None.

Negative

  • None.
Insider JONAS HOWARD S
Role Director, 10% Owner
Type Security Shares Price Value
Tax Withholding Class B Common Stock, $.01 par value per share 11,114 $14.13 $157K
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 — 700,104 shares (Direct); Class B Common Stock, $.01 par value per share — 275,047 shares (Indirect, By The Jonas Foundation); Class A Common Stock, $.01 par value per share — 1,574,326 shares (Indirect, By Genie A Partners, L.P.)
Footnotes (1)
  1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock. Consists of 530,709 shares held directly, 119,395 vested restricted shares of Class B common stock, and 50,000 unvested restricted shares of Class B common stock, 25,000 shares of which shall vest on each of August 3, 2026 and August 2, 2027.
SEC Form 4
FORM 4 UNITED 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*
JONAS HOWARD S

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

(Street)
NEWARK NJ 07102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Genie Energy Ltd. [ GNE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class B Common Stock, $.01 par value per share 02/10/2026 F 11,114(1) D $14.13 700,104(2) D
Class B Common Stock, $.01 par value per share 275,047 I By The Jonas Foundation
Class B Common Stock, $.01 par value per share 1,085,645 I By HSJ 2019 Remainder Trust
Class B Common Stock, $.01 par value per share 950,398 I By Debbie Y. Jonas 2018 Dynasty Trust
Class B Common Stock, $.01 par value per share 95,366 I By HSJ 2022 Annuity Trust I
Class A Common Stock, $.01 par value per share 1,574,326 I By Genie A Partners, L.P.
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
2. Consists of 530,709 shares held directly, 119,395 vested restricted shares of Class B common stock, and 50,000 unvested restricted shares of Class B common stock, 25,000 shares of which shall vest on each of August 3, 2026 and August 2, 2027.
Joyce J. Mason, by Power of Attorney 02/12/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Howard S. Jonas report for Genie Energy (GNE)?

Howard S. Jonas reported a tax-withholding share disposition. On February 10, 2026, 11,114 shares of Genie Energy Class B common stock were withheld at $14.13 per share to satisfy tax obligations arising from the vesting of restricted stock awards.

How many Genie Energy (GNE) Class B shares does Howard S. Jonas own directly after this filing?

Howard S. Jonas directly beneficially owns 700,104 Class B shares. This total includes 530,709 shares held outright, 119,395 vested restricted shares, and 50,000 unvested restricted shares that are scheduled to vest in two equal installments in 2026 and 2027.

What indirect Genie Energy (GNE) share holdings are associated with Howard S. Jonas?

Howard S. Jonas reports several indirect ownership positions. Indirect holdings include 275,047 Class B shares via The Jonas Foundation, 1,085,645 via HSJ 2019 Remainder Trust, 950,398 via Debbie Y. Jonas 2018 Dynasty Trust, 95,366 via HSJ 2022 Annuity Trust I, and 1,574,326 Class A shares via Genie A Partners, L.P.

Was the Genie Energy (GNE) Form 4 transaction a market sale by Howard S. Jonas?

The transaction was tax withholding, not an open-market sale. The 11,114 Class B shares were withheld by Genie Energy to cover tax liabilities upon restricted stock vesting, as indicated by transaction code F and the accompanying explanatory footnote.

What future vesting schedule does the Genie Energy (GNE) filing disclose for Howard S. Jonas?

The filing discloses two future vesting dates for restricted shares. Of the unvested restricted Class B stock, 25,000 shares are scheduled to vest on August 3, 2026 and another 25,000 shares on August 2, 2027, subject to the award terms.
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