Genie Energy CEO reports tax-related share disposition
Genie Energy Ltd. CEO Michael M. Stein reported a tax-withholding disposition of 21,079 shares of Class B common stock on August 3, 2026, where the issuer withheld shares to satisfy taxes upon restricted stock vesting.
Rhea-AI Filing Summary
Genie Energy Ltd. CEO Michael M. Stein reported a tax-withholding disposition of 21,079 shares of Class B common stock on August 3, 2026, where the issuer withheld shares to satisfy taxes upon restricted stock vesting. After this event, he holds 516,936 shares directly, consisting of 475,270 currently held shares and 41,666 unvested restricted shares scheduled to vest on August 2, 2027, and also reports 260,288 shares held indirectly through his wife.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock, par value $.01 per share F1, F2 | 21,079 | $14.135 | $298K |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Footnotes (2)
- F1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
- F2. Consists of 475,270 shares of Class B common stock held directly and 41,666 unvested restricted shares of the Company's Class B common stock vesting on August 2, 2027.
Key Figures
Key Terms
Restricted Stock financial
Class B Common Stock financial
withheld by the Issuer for tax purposes financial
FAQ
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What are Michael Stein’s direct Genie Energy (GNE) holdings after the transaction?
What indirect Genie Energy (GNE) holdings are reported for Michael Stein?
AI-generated analysis. How Rhea-AI works. Not financial advice.