Form 4: Genesis Energy Director James E. Davison Jr. Reports Share Transactions

Director James E. Davison Jr. of Genesis Energy LP reports the acquisition and disposition of common units and phantom units on January 2, 2025.

Summary

• James E. Davison Jr., a director at Genesis Energy LP, reported transactions involving the company's common units and phantom units.
• On January 2, 2025, Mr. Davison acquired 2,545 common units through the vesting of phantom units.
• Simultaneously, he disposed of 2,545 common units, which is a result of the cash payment for the vested phantom units.
• The price per common unit for the disposition was $10.56.
• Mr. Davison also acquired 3,555 phantom units that will vest on January 2, 2026.
• Following these transactions, Mr. Davison directly owns 3,883,045 common units and 11,560 phantom units.
• He also has indirect beneficial ownership of 446,461 common units through the James Ellis Davison, III Trust, 446,462 through the Sarah Margaret Davison Trust, 446,460 through the William Charles Davison Trust, and 187,856 through the James E. and Margaret A.B. Davison Special Trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing insider transactions, which is neither positive nor negative in itself. It reflects standard corporate governance practices.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders reporting transactions in their company's securities. It is a common practice for directors to receive compensation in the form of equity or equity-linked awards.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions reported are typical for executive compensation and do not indicate any unusual activity compared to other companies.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and do not represent a significant change in ownership.

Key Dates

Keywords

Genesis Energy LP, GEL, James E. Davison Jr., common units, phantom units, insider trading, SEC Form 4, beneficial ownership, director