Genesis Energy (GEL) director Taylor acquired 2,808 shares
Insider transactions reported
Jack T Taylor (director at Genesis Energy, L.P., GEL) reported that they acquired 2,808 shares, and returned to the company 2,808 shares at $14.35 on Apr 1, 2025. After these transactions the filing shows 32,865 shares held directly.
- Reporting person
- Taylor Jack T
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 1, 2025 | Exercise or conversion of a derivative (M) | Common Units - Class A1, 2 | +2,808 | - | - | 35,673 direct |
| Apr 1, 2025 | Sale back to the company (D) | Common Units - Class A1, 2 | -2,808 | $14.35 | $40.3K | 32,865 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 1, 2025 | Exercise or conversion of a derivative (M) | Phantom UnitsOn 2,808 Common Units - Class A2 | -2,808 | - | - | 9,124 direct |
| Apr 1, 2025 | Grant or award (A) | Phantom UnitsOn 2,570 Common Units3, 4 | +2,570 | - | - | 11,694 direct |
Holdings before and after
- Phantom Units: 11,932 to 11,694 direct
Footnotes from the filing
- 1. The payment of the phantom units in cash is deemed to be a disposition of the phantom units in exchange for the acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer.
- 2. Upon vesting, the phantom units were paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the date of vesting.
- 3. The phantom units will be paid in cash based on the average closing price of the Common Units - Class A for the 20 trading days immediately prior to the vesting date.
- 4. Award includes tandem distribution equivalent rights pursuant to which the quarterly distributions paid by the partnership on each Common Unit - Class A will be accrued over the vesting period and paid quarterly.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Taylor report in this GEL Form 4?
Jack T Taylor (director at Genesis Energy, L.P., GEL) reported that they acquired 2,808 shares, and returned to the company 2,808 shares at $14.35 on Apr 1, 2025. After these transactions the filing shows 32,865 shares held directly.
How many GEL shares does Taylor hold after this filing?
The filing shows 32,865 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for GEL
Earlier insider filings at GEL
- Apr 2, 2025Director Davison James E. Jr. converted options into 2,643 units of Common Units - Class A and returned $37,927 worth of Common Units - Class A to the company (2,643 units at $14.35) (SEC Form 4)
- Apr 2, 2025Director Albert Conrad P converted options into 2,808 units of Common Units - Class A and returned $40,295 worth of Common Units - Class A to the company (2,808 units at $14.35) (SEC Form 4)
- Apr 2, 2025Director Jastrow Kenneth M Ii converted options into 2,919 units of Common Units - Class A and returned $41,888 worth of Common Units - Class A to the company (2,919 units at $14.35) (SEC Form 4)
- Apr 2, 2025Director Gasaway Sharilyn S converted options into 2,919 units of Common Units - Class A and returned $41,888 worth of Common Units - Class A to the company (2,919 units at $14.35) (SEC Form 4)
- Mar 25, 2025Senior Vice President Gaspard Garland G bought $80,030 worth of Common Units - Class A (5,016 units at $15.96), increasing direct ownership by 26% to 24,541 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil Refining/Marketing
- Listed since
- 1996
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