Genie Energy (GNE) director reports 6,579 Class B restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genie Energy Ltd. director reported receiving a grant of 6,579 shares of Class B common stock on 01/05/2026. This grant was structured as restricted stock that vests in full immediately at a price of $13.665 per share, effectively functioning like an outright share award.
After this grant, the reporting person beneficially owns 171,934 shares of Class B common stock directly, including 51,034 fully vested restricted shares held jointly with a spouse, 84,309 fully vested restricted shares held directly, and 36,591 shares held jointly with a spouse. The person also has an indirect interest in 8,333 shares held through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PERRY WILLIAM WESLEY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, par value $.01 per share | 6,579 | $13.665 | $90K |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, par value $.01 per share — 171,934 shares (Direct);
Class B Common Stock, par value $.01 per share — 8,333 shares (Indirect, By 401(k))
Footnotes (1)
- Grant of Restricted Stock that vests in full immediately. Consists of of 51,034 fully vested shares of Restricted Stock held jointly with his spouse, 84,309 fully vested shares of Restricted Stock held directly and 36,591 shares held jointly with his spouse.
FAQ
What insider transaction did Genie Energy Ltd. (GNE) report in this filing?
A director of Genie Energy Ltd. reported receiving a grant of 6,579 shares of Class B common stock as restricted stock on 01/05/2026 that vests immediately.
At what price was the Genie Energy (GNE) restricted stock grant recorded?
The 6,579 restricted shares of Genie Energy Ltd. Class B common stock were recorded at a price of $13.665 per share.
How are the insider’s Genie Energy (GNE) holdings structured between direct and joint ownership?
The 171,934 directly beneficially owned Class B shares consist of 51,034 fully vested restricted shares held jointly with a spouse, 84,309 fully vested restricted shares held directly, and 36,591 shares held jointly with a spouse.
What is the insider’s relationship to Genie Energy Ltd. (GNE)?
The reporting person is a director of Genie Energy Ltd. and filed as a single reporting person on this form.