Form 4: Genie Energy Director Howard S. Jonas Reports Changes in Beneficial Ownership

Howard S. Jonas, a director and 10% owner of Genie Energy Ltd., reported a disposition of Class B Common Stock on March 20, 2025, and updates to his beneficial ownership.

Summary

• On March 20, 2025, Howard S. Jonas, a director and 10% owner of Genie Energy Ltd., reported a transaction involving Class B Common Stock.
• The transaction involved the disposition of 2,565 shares at an unspecified price.
• Following the transaction, Jonas directly owns 728,743 shares of Class B Common Stock.
• Jonas also indirectly owns shares through various trusts and partnerships, including The Jonas Foundation (275,047 shares), HSJ 2019 Remainder Trust (1,085,645 shares), Debbie Y. Jonas 2018 Dynasty Trust (950,398 shares), HSJ 2022 Annuity Trust (95,366 shares), and Genie A Partners, L.P. (1,574,326 shares of Class A Common Stock).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders, depending on the reasons behind the transaction and the overall market perception.

Key Dates

Keywords

Genie Energy Ltd., Howard S. Jonas, beneficial ownership, Form 4, Class B Common Stock, Class A Common Stock, director, 10% owner, securities, transaction