Genie Energy director receives 2,920-share restricted stock grant
Genie Energy Ltd. disclosed that one of its directors received a grant of Class B common stock.
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Rhea-AI Filing Summary
Genie Energy Ltd. disclosed that one of its directors received a grant of Class B common stock. On 01/05/2026, the director acquired 2,920 shares of Class B common stock at a reported price of $13.665 per share. The filing explains that this was a grant of restricted stock that vests in full immediately.
Following this award, the director beneficially owns 41,610 fully vested shares of Class B common stock in direct ownership. This transaction reflects equity-based compensation rather than an open‑market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, par value $.01 per share | 2,920 | $13.665 | $40K |
Footnotes (2)
- F1. Grant of Restricted Stock that vests in full immediately.
- F2. Consists of fully vested shares of Restricted Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genie Energy Ltd. (GNE) report in this filing?
Genie Energy Ltd. reported that a director received a grant of 2,920 shares of Class B common stock as restricted stock that vests in full immediately.
What type of Genie Energy (GNE) stock was granted to the director?
The director received Class B Common Stock, par value $0.01 per share, in the form of restricted stock that became fully vested right away.
On what date did the Genie Energy (GNE) insider stock grant occur?
The reported transaction date for the restricted stock grant is 01/05/2026.
Was the Genie Energy (GNE) director acting under a Rule 10b5-1 trading plan?
The form includes a checkbox to indicate Rule 10b5-1(c) plans, but the content provided does not show that this box was checked for the reported grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.