Form 4: Genie Energy CFO Avi Goldin Reports Stock Transaction
SEC Form 4 Filing
CFO of Genie Energy, Avi Goldin, reports disposition of shares for tax purposes following vesting of restricted stock.
Summary
- On February 10, 2025, Avi Goldin, CFO of Genie Energy Ltd., reported a transaction involving Class B Common Stock.
- 4,802 shares were disposed of at a price of $14.385 per share to cover tax obligations related to the vesting of restricted stock.
- Following the transaction, Goldin directly owns 122,897 shares of Class B Common Stock, which includes 17,554 vested and 52,100 unvested restricted shares.
- The unvested restricted shares will vest in installments on August 3, 2025, February 10, 2026, August 1, 2025, August 3, 2026 and August 2, 2027.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposal of shares for tax purposes). |
| 02/10/2025 | Date of stock transaction (disposal of shares for tax purposes). |
| 08/03/2025 | Vesting date for 10,000 restricted shares. |
| 08/01/2025 | Vesting date for 10,700 restricted shares. |
| 02/10/2026 | Vesting date for 10,000 restricted shares. |
| 08/03/2026 | Vesting date for 10,700 restricted shares. |
| 08/02/2027 | Vesting date for 10,700 restricted shares. |
| 02/11/2025 | Date of signature by Power of Attorney. |
Keywords
Genie Energy, Avi Goldin, Form 4, Stock Transaction, CFO, Class B Common Stock, Restricted Stock, Vesting
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