Form 4: Genesis Energy LP Director Davison Jr. Reports Transaction in Common Units

Director James E. Davison Jr. reports a transaction involving Genesis Energy LP's Common Units Class A and Phantom Units on April 3, 2024.

Summary

• On April 3, 2024, James E. Davison Jr., a director of Genesis Energy LP, reported a transaction involving Common Units Class A and Phantom Units.
• Davison acquired 2,566 Common Units Class A upon the vesting and cash payment of Phantom Units.
• Simultaneously, Davison disposed of 2,566 Common Units Class A to the issuer at a price of $11.1.
• Following the reported transactions, Davison directly owns 3,883,045 Common Units Class A.
• Davison also has indirect beneficial ownership of Common Units Class A through various trusts, including the James Ellis Davison, III Trust, the Sarah Margaret Davison Trust, the William Charles Davison Trust, and the James E. and Margaret A.B. Davison Special Trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of a director's transaction, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
• The disclosure provides transparency to shareholders regarding the trading activities of company leadership.

Key Dates