[Form 4] Genie Energy Ltd. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genie Energy Ltd. chief executive officer Michael M. Stein reported a tax-related share withholding tied to restricted stock vesting. On 02/10/2026, 15,015 shares of Class B common stock were disposed of at $14.13 per share to cover tax liabilities upon vesting of restricted stock.
After this transaction, Stein beneficially owned 538,015 Class B shares directly, consisting of 73,398 common shares, 381,284 vested restricted shares, and 83,333 unvested restricted shares scheduled to vest in two equal tranches on August 3, 2026 and August 2, 2027. He also had indirect beneficial ownership of 260,288 shares held by his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STEIN MICHAEL M
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock, par value $.01 per share | 15,015 | $14.13 | $212K |
| holding | Class B Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, par value $.01 per share — 538,015 shares (Direct);
Class B Common Stock, par value $.01 per share — 260,288 shares (Indirect, By Wife)
Footnotes (1)
- Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock. Consists of 73,398 shares of Class B common stock held directly; 381,284 vested restricted shares of Class B common stock; and 83,333 unvested restricted shares of the Company's Class B common stock vesting as follows: 41,667 shares vesting on August 3, 2026, and 41,666 shares vesting on August 2, 2027.