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

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

Summary

• On January 2, 2025, James E. Davison, a director at Genesis Energy LP, engaged in transactions involving common units and phantom units.
• He acquired 2,545 common units through the vesting of phantom units, which were then immediately disposed of.
• The disposition of 2,545 common units was at a price of $10.56 per unit.
• Following these transactions, Davison directly owns 2,717,890 common units and indirectly owns 1,010,835 common units through Terminal Services, Inc.
• He also holds 8,005 phantom units and was granted 3,555 new phantom units that vest on January 2, 2026.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider transactions, with no indication of positive or negative sentiment.

Industry Context

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

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions reported are typical for directors who receive equity-based compensation, such as phantom units, which vest over time.

Stakeholder Impact

• The transactions reported in this filing provide transparency to shareholders regarding the trading activities of a company director.

Key Dates

Keywords

Genesis Energy LP, insider trading, Form 4, common units, phantom units, director, James E. Davison, equity securities