Form 4: Genesis Energy LP: Senior Vice President Gaspard Acquires Common Units
SEC Form 4 Filing
Senior Vice President Garland G. Gaspard of Genesis Energy LP reports the acquisition of 5,016 Common Units Class A at $15.955 per unit on March 25, 2025.
Summary
- On March 25, 2025, Garland G. Gaspard, a Senior Vice President at Genesis Energy LP, acquired 5,016 Common Units Class A.
- The purchase price was $15.955 per unit.
- Following the transaction, Gaspard directly owns 24,541 Common Units Class A.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. The purchase itself could be seen as slightly positive, but the document is primarily informational.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider purchases are often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of transaction: Gaspard acquired 5,016 Common Units Class A at $15.955 per unit. |
Keywords
Genesis Energy LP, GEL, Garland G. Gaspard, Common Units, Class A, insider trading, acquisition, Form 4
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