GENESIS ENERGY LP: director Albert Conrad P sold 2,533 shares

What happened

• Albert Conrad P, a director, sold 2,533 Common Units - Class A to the issuer on Oct 01, 2026 at $15.08 per unit for total proceeds of $38,198.
• The filing also reports the exercise/conversion of 2,533 derivative phantom units (treated as a disposition) and a grant/award of 3,061 phantom units (derivative).

Key details

• Transaction date: Oct 01, 2026. Sale price: $15.08 per unit; proceeds: $38,198. The derivative exercise and the grant show no per-unit price (N/A) in the filing.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 — payment of the phantom units in cash is deemed a disposition of the phantom units in exchange for acquisition of the underlying Common Units - Class A and a simultaneous disposition of the underlying Common Units - Class A to the issuer. F2 — upon vesting, phantom units were paid in cash based on the average closing price for the 20 trading days immediately prior to vesting. F3 — future phantom-unit payments will be based on the 20 trading-day average prior to vesting. F4 — the award includes tandem distribution equivalent rights that accrue and pay quarterly distributions over the vesting period.
• Filing date: Oct 02, 2026; report period: Oct 01, 2026. The filing is not indicated as late.

Why it may matter

• The filing shows an exercise/conversion of derivative phantom units that were paid in cash and the underlying Common Units were simultaneously disposed to the issuer, i.e., a cash settlement with a simultaneous sale at $15.08.
• This filing does not show why the insider traded or why the company acted.