Genie Energy director receives 6,579-share restricted stock grant
Genie Energy Ltd. director reported receiving a grant of 6,579 shares of Class B common stock on 01/05/2026.
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (2)
- F1. Grant of Restricted Stock that vests in full immediately.
- F2. 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
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What insider transaction did Genie Energy Ltd. (GNE) report in this filing?
At what price was the Genie Energy (GNE) restricted stock grant recorded?
How are the insider’s Genie Energy (GNE) holdings structured between direct and joint ownership?
What is the insider’s relationship to Genie Energy Ltd. (GNE)?
AI-generated analysis. How Rhea-AI works. Not financial advice.