Genie Energy (GNE) director awarded 2,920 Class B restricted shares

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.

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

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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^*

SASS ALLAN

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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, par value $.01 per share	01/05/2026		A		2,920(1)	A	$13.665	41,610(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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.

	Joyce J. Mason, by Power of Attorney	01/06/2026
	** 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).
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FAQ

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.

What price was reported for the Genie Energy (GNE) shares in this insider grant?

The filing reports a price of $13.665 per share for the 2,920 Class B common shares granted to the director.

How many Genie Energy (GNE) shares does the director own after this transaction?

After the restricted stock grant, the director beneficially owns 41,610 fully vested shares of Genie Energy Class B common stock, held directly.

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.