Form 4: Genesis Energy LP Director Jack T. Taylor Reports Changes in Beneficial Ownership

Director Jack T. Taylor reports changes in beneficial ownership of Genesis Energy LP's Class A Common Units and Phantom Units due to vesting and cash payments.

Summary

• On October 2, 2024, Jack T. Taylor, a director of Genesis Energy LP, reported changes in his beneficial ownership of the company's securities.
• Taylor acquired 3,140 Common Units Class A and disposed of 3,140 Common Units Class A at a price of $13.1.
• Following these transactions, Taylor directly owns 32,865 Common Units Class A.
• Taylor also disposed of 3,140 Phantom Units, which were paid in cash based on the average closing price of the Common Units Class A for the 20 trading days prior to vesting.
• Additionally, Taylor acquired 2,917 Phantom Units that will be paid in cash based on the average closing price of the Common Units Class A for the 20 trading days prior to the vesting date.
• Following these transactions, Taylor directly owns 10,904 Phantom Units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives and directors.

Key Dates