Genie Energy (GNE) director receives restricted stock grant and updates holdings
Rhea-AI Filing Summary
Genie Energy Ltd. reported an insider equity transaction by a director dated 01/05/2026. The director received 2,920 shares of Class B common stock as a grant of restricted stock that vests in full immediately, at a stated price of $13.665 per share.
Following this grant, the director beneficially owns 29,773 Class B shares directly, consisting of 29,540 fully vested restricted shares and 233 other directly held shares. The director also holds Class B shares indirectly, including 17,500 shares through the Endodontic Associates Retirement Account and 3,000 shares held in accounts for children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, par value $.01 per share | 2,920 | $13.665 | $40K |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Footnotes (1)
- Grant of Restricted Stock that vests in full immediately. Consists of 29,540 fully vested shares of Restricted Stock and 233 shares held directly.
FAQ
What insider transaction did Genie Energy (GNE) disclose in this filing?
The filing discloses that a director of Genie Energy Ltd. received a grant of 2,920 shares of Class B common stock as restricted stock that vests in full immediately.
On what date did the Genie Energy (GNE) director receive the restricted stock grant?
The director’s restricted stock grant of Class B common stock was dated 01/05/2026.
At what price was the Genie Energy (GNE) restricted stock grant reported?
The 2,920 restricted shares of Class B common stock were reported at a price of $13.665 per share.
What indirect Genie Energy (GNE) holdings does the director report?
The director reports indirect ownership of 17,500 Class B shares through the Endodontic Associates Retirement Account and a total of 3,000 Class B shares held in accounts for children (two accounts for a daughter and one for a son, each with 1,000 shares).
What is the director’s relationship to Genie Energy (GNE)?
The reporting person is identified as a Director of Genie Energy Ltd. on the form.
What type of security was involved in the Genie Energy (GNE) insider transaction?
The transaction involved Class B common stock of Genie Energy Ltd., with a par value of $0.01 per share, reported as a grant of restricted stock.