Form 4: Genesis Energy LP Director Conrad P. Albert Reports Transaction

Director Conrad P. Albert reports a transaction involving Genesis Energy LP's Common Units Class A and Phantom Units on April 3, 2024.

Summary

• On April 3, 2024, Conrad P. Albert, a director of Genesis Energy LP, reported a transaction.
• The transaction involved Common Units Class A and Phantom Units.
• Albert acquired 2,727 Common Units Class A upon the vesting of Phantom Units.
• Simultaneously, Albert disposed of 2,727 Common Units Class A to the issuer at a price of $11.1.
• Following the reported transactions, Albert directly owns 17,727 Common Units Class A and 11,702 Phantom Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It is neutral in tone and does not contain information that would significantly impact investor sentiment.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a relatively small number of shares and is related to executive compensation.

Key Dates