GENESIS ENERGY LP: director Taylor Jack T sold 2,609 shares

What happened

• Taylor Jack T, a director, exercised or converted derivatives and completed a disposition to the issuer: 2,609 shares were disposed at $15.08 on Oct 1, 2026 for $39,344. The filing also reports derivative-related exercises/conversions of 2,609 shares and a grant/award of 3,152 derivative phantom units (acquired).

Key details

• Transaction date: Oct 1, 2026. Filing date: Oct 2, 2026 (period of report Oct 1, 2026).
• Sale/disposition: 2,609 shares at $15.08, total $39,344.
• Exercises/conversions: two derivative transactions of 2,609 shares each are reported (one listed as acquired, one listed as disposed); grant/award: 3,152 phantom units acquired.
• Shares owned after the transactions: not stated in the filing.
• Relevant footnotes from the filing:
  • F1: Cash payment of phantom units is treated as a disposition of the phantom units in exchange for acquisition of the underlying common units and a simultaneous disposition of those common units to the issuer.
  • F2/F3: Phantom units are or will be paid in cash based on the average closing price of the common units for the 20 trading days immediately prior to vesting.
  • F4: The award includes tandem distribution equivalent rights; quarterly distributions will be accrued over the vesting period and paid quarterly.

Why it may matter

• The filing shows derivative(s) were exercised/converted and 2,609 resulting shares were immediately disposed to the issuer for cash (cash settlement).
• The filing shows a grant of 3,152 phantom units that will be paid in cash upon vesting and tied to a 20-trading-day average price and accrued distributions.
• The filing does not show why the insider traded or why the company acted.