STOCK TITAN

Genie Energy (NYSE: GNE) CFO Avi Goldin reports tax-share withholding

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Avi Goldin, CFO of Genie Energy Ltd., had 5,116 shares of Class B common stock withheld by the issuer at $14.135 per share to cover tax obligations upon the vesting of restricted stock. He now directly holds 87,155 shares, including 10,700 unvested restricted shares scheduled to vest on August 2, 2027.

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Insider GOLDIN AVI
Role CFO
Type Security Shares Price Value
Tax Withholding Class B Common Stock, par value $.01 per share F1, F2 5,116 $14.135 $72K
Holdings After Transaction: Class B Common Stock, par value $.01 per share — 87,155 shares (Direct)
Footnotes (2)
  1. F1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
  2. F2. Consists of 76,455 shares of Class B common stock held directly and 10,700 unvested restricted shares of Class B common stock, which shall vest on August 2, 2027.
Shares withheld for taxes 5116 shares Class B common stock withheld by issuer on 2026-08-03 to cover tax liability
Reference price for withholding $14.135 per share Per-share value used for the tax-withholding disposition of 5116 shares
Shares held after transaction 87155 shares Total direct Class B holdings by Avi Goldin following the tax withholding
Directly held vested shares 76455 shares Portion of post-transaction holdings that are fully owned Class B common stock
Unvested restricted shares 10700 shares Unvested restricted Class B shares scheduled to vest on August 2, 2027
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, par value $.01 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.
withheld by the Issuer for tax purposes regulatory
"Represents shares withheld by the Issuer for tax purposes upon the vesting"
unvested restricted shares financial
"Consists of 76,455 shares held directly and 10,700 unvested restricted shares"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Genie Energy (GNE) CFO Avi Goldin report?

Avi Goldin reported a tax-withholding disposition of 5,116 Genie Energy Class B shares. The issuer withheld these shares on August 3, 2026, when restricted stock vested, to satisfy his associated income tax obligations.

How many Genie Energy (GNE) shares were affected and at what price?

The transaction involved 5,116 Class B common shares valued at $14.135 per share for tax purposes. These shares were not sold on the open market but withheld by the company to cover Avi Goldin’s tax liability on vesting.

How many Genie Energy (GNE) shares does Avi Goldin hold after this transaction?

After the tax withholding, Avi Goldin directly holds 87,155 Class B shares. This consists of 76,455 fully owned shares plus 10,700 unvested restricted shares that are scheduled to vest on August 2, 2027.

Were Avi Goldin’s Genie Energy (GNE) shares sold or just withheld for taxes?

The reported transaction is a withholding for tax purposes, not an open-market sale. Genie Energy retained 5,116 shares upon restricted stock vesting to pay Avi Goldin’s tax liability, consistent with Form 4 code F and the accompanying footnote.

When will Avi Goldin’s remaining unvested Genie Energy (GNE) restricted shares vest?

Avi Goldin holds 10,700 unvested restricted Class B shares that are scheduled to vest on August 2, 2027. Until vesting, these shares remain restricted but are included in his reported post-transaction holdings of 87,155 shares.

Was Avi Goldin’s Genie Energy (GNE) transaction under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox was not marked, indicating the transaction was not reported as executed under a pre-arranged trading plan. It is classified specifically as a tax-withholding disposition related to restricted stock vesting.
SEC Form 4
FORM 4UNITED 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*
GOLDIN AVI

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

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Genie Energy Ltd. [ GNE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class B Common Stock, par value $.01 per share08/03/2026F5,116(1)D$14.13587,155(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 76,455 shares of Class B common stock held directly and 10,700 unvested restricted shares of Class B common stock, which shall vest on August 2, 2027.
Joyce J. Mason, by Power of Attorney08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)