Michael M. Stein - 01 Aug 2024 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2024, 20:59:18 UTC
Prior SEC filing
13 Feb 2024
Next SEC filing
11 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Joyce J. Mason, by Power of Attorney

Key filing fact

Michael M. Stein filed Form 4 for Genie Energy Ltd. (GNE) on 05 Aug 2024.

Key facts

  • This page summarizes Michael M. Stein's Form 4 filing for Genie Energy Ltd. (GNE).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2024, 20:59.

Change

  • Previous filing in this sequence was filed on 13 Feb 2024.
  • Current net transaction value: +$1,950,124.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GNE transaction

Class B Common Stock, par value $.01 per share

Award

Transaction value
$2,125,000
Shares
+125,000
Change %
+26%
Price
$17.00
Shares after
604,079
Date
01 Aug 2024
Ownership
Direct
Footnotes
F1, F2
GNE transaction

Class B Common Stock, par value $.01 per share

Tax liability

Transaction value
$174,876
Shares
-10,845
Change %
-1.8%
Price
$16.12
Shares after
593,234
Date
03 Aug 2024
Ownership
Direct
Footnotes
F3, F4
GNE holding

Class B Common Stock, $.01 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,556
Date
01 Aug 2024
Ownership
By Wife
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Grant of Restricted Stock, vesting as follows: 41,667 on each of August 1, 2025 and August 3, 2026; and 41,666 on August 2, 2027.

Footnote F2

Consists of 77,398 shares of Class B common stock held directly; 281,681 fully vested restricted shares of Class B common stock; and 245,000 unvested restricted shares of the Company's Class B common stock vesting as follows: (i) 120,000 shares, 30,000 shares of which shall vest on each of August 3, 2024, February 10, 2025, August 3, 2025, and February 10, 2026; and (ii) 125,000 shares, 41,667 shares of which shall vest on each of August 1, 2025 and August 3, 2026, and 41,666 shares shall vest on August 2, 2027.

Footnote F3

Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock.

Footnote F4

Consists of 77,398 shares of Class B common stock held directly; 300,836 fully vested restricted shares of Class B common stock; and 215,000 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 90,000 shares vesting as follows: 30,000 shares vesting on each of February 10, 2025, August 3, 2025, and February 10, 2026; and (ii) 125,000 shares vesting as follows: 41,667 shares vesting on each of August 1, 2025 and August 3, 2026, and 41,666 shares vesting on August 2, 2027.

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