Genie Energy (NYSE: GNE) CFO Avi Goldin reports tax-share withholding
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 Trade Summary
Net Seller: 5,116 shares
Net Sell
1 txn
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)
- F1. Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
- 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.
Key Figures
Shares withheld for taxes: 5116 shares
Reference price for withholding: $14.135 per share
Shares held after transaction: 87155 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock, Class B Common Stock, withheld by the Issuer for tax purposes, unvested restricted shares
4 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.