Genie Energy CFO Avi Goldin Sells 4,220 Shares

What Happened Avi Goldin, Chief Financial Officer of Genie Energy (GNE), had 4,220 shares of Class B common stock withheld by the issuer to cover taxes upon the vesting of restricted stock. The withholding was recorded as a disposition on February 10, 2026 at $14.13 per share, for a total value of $59,629. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: Feb 10, 2026 — 4,220 shares at $14.13 each (total $59,629).
• Transaction code: F (shares withheld by the issuer for tax purposes upon vesting of restricted stock).
• Report filed: Form 4 filed Feb 12, 2026 (timely; within the typical two-business-day reporting window).
• Reported beneficial ownership (per filing footnote): 52,043 shares held directly; 18,828 vested restricted shares; 21,400 unvested restricted shares (of which 10,700 vest on Aug 3, 2026 and 10,700 vest on Aug 2, 2027). Total referenced interest = 92,271 shares.
• Footnotes: F1 explains the disposition was due to tax withholding on vested restricted stock; F2 details the breakdown of direct, vested restricted, and unvested restricted holdings.

Context This was a routine tax-withholding action tied to RSU vesting (often called a cashless/withholding settlement), rather than an intentional sale by the insider. Such withholding is common and generally does not by itself indicate a change in the insider’s view of the company.