Form 4: Genesis Energy LP Director Kenneth Jastrow II Reports Transactions in Common Units and Phantom Units

Director Kenneth Jastrow II reports acquisition and disposition of Common Units Class A and Phantom Units of Genesis Energy LP.

Summary

• On April 1, 2025, Kenneth M. Jastrow II, a director of Genesis Energy LP, reported transactions involving Common Units Class A and Phantom Units.
• Jastrow acquired 2,919 Common Units Class A upon the vesting and cash settlement of Phantom Units.
• Simultaneously, Jastrow disposed of 2,919 Common Units Class A to the issuer.
• The price of the disposed units was $14.35.
• Following these transactions, Jastrow directly owns 150,000 Common Units Class A.
• Jastrow also holds 9,660 Phantom Units that vested on April 1, 2025, and 12,230 Phantom Units that will vest on April 1, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, 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 transactions have a minimal direct impact on stakeholders, as they represent a routine part of executive compensation and ownership adjustments.

Key Dates

Keywords

Form 4, Genesis Energy LP, GEL, Kenneth Jastrow II, Common Units, Phantom Units, Director, Beneficial Ownership, SEC Filing