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

Director Jack T. Taylor reports transactions involving Genesis Energy LP's Common Units Class A and Phantom Units, including acquisitions and dispositions related to vesting.

Summary

• On April 1, 2025, Jack T. Taylor, a director of Genesis Energy LP, reported transactions involving Common Units Class A and Phantom Units.
• Taylor acquired 2,808 Common Units Class A upon vesting of Phantom Units.
• Simultaneously, Taylor disposed of 2,808 Common Units Class A to the issuer at a price of $14.35.
• Following these transactions, Taylor directly owns 32,865 Common Units Class A.
• Taylor also acquired 2,570 Phantom Units that will vest on April 1, 2026.
• These Phantom Units will be paid in cash based on the average closing price of Common Units Class A prior to the vesting date.
• Taylor's holdings include 11,694 Phantom Units after the reported transactions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.

Future Outlook

The phantom units will be paid in cash based on the average closing price of the Common Units Class A for the 20 trading days immediately prior to the vesting date.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates

Keywords

Genesis Energy LP, Jack T. Taylor, Form 4, Beneficial Ownership, Common Units, Phantom Units, Director, GEL