Form 4: Genesis Energy LP Director Kenneth Jastrow II Reports Transaction in Common Units

Director Kenneth Jastrow II reports a transaction involving Genesis Energy LP's Common Units Class A, including the vesting and cash settlement of phantom units.

Summary

• On April 3, 2024, Kenneth M. Jastrow II, a director of Genesis Energy LP, reported a transaction involving Common Units Class A.
• The transaction included the vesting of 2,834 phantom units, which were settled in cash.
• This was deemed a disposition of the phantom units in exchange for the acquisition of the underlying Common Units Class A and a simultaneous disposition of the underlying Common Units Class A to the issuer.
• The price of the disposed Common Units Class A was $11.1.
• Following the reported transactions, Jastrow directly owns 150,000 Common Units Class A.
• Jastrow also directly owns 12,411 Phantom Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director, with neutral sentiment.

Key Dates