Rainsberger William W 4

4 · GENESIS ENERGY LP · Filed May 13, 2026

AI-generated summary of this filing

Updated May 13, 2026

Genesis Energy (GEL) SVP William Rainsberger Receives 13,054-Unit Award

What Happened

William W. Rainsberger, Senior Vice President – Offshore at Genesis Energy LP (GEL), was granted 13,054 phantom units (derivative award) on April 14, 2026. The award is cash‑settled (no stock issued); payout equals the cash value of common units on the vesting date. No per‑unit price or immediate cash value is reported in the Form 4.

Key Details

Transaction date: 2026-04-14 (Filed with SEC on 2026-05-13; filing appears late relative to the two-business-day Form 4 deadline).
Award type: 13,054 phantom units (derivative, cash‑settled).
Vesting: Fully vests on April 14, 2029 (3‑year cliff), subject to continued employment and earlier vesting upon certain specified events (see footnote F3).
Distribution rights: Award includes tandem distribution‑equivalent cash rights equal to quarterly cash distributions per unit for unvested phantom units (footnote F2).
Settlement mechanics: Each phantom unit equals the economic equivalent of one common unit and will be paid in cash based on the closing price on the vesting date (footnote F1).
Shares owned after transaction: Not specified in the filing.

Context

This was an equity compensation grant (award), not an open‑market purchase or sale—common for executives and typically intended for retention. Because the units are cash‑settled phantom units, no new common units were issued and no immediate insider purchase/sale signal is implied. The late filing may be worth noting for those tracking insider reporting timeliness.

Form 4

Period: 2026-04-14

SVP - Offshore

Transactions

Award
Phantom Units
[F1][F2][F3]
2026-04-14+13,054→ 13,054 total
From: 2029-04-14Exp: 2029-04-14→ Common Units - Class A (13,054 underlying)

Footnotes (3)

[F1]Each phantom unit is the economic equivalent of one common unit. The phantom units will be paid in cash based on the closing price of the common units on the vesting date (or, if the vesting date is not a trading day, on the immediately preceding trading day).
[F2]Award includes tandem distribution equivalent rights to receive an amount in cash concurrently with and equal to the quarterly per common unit cash distribution made by the issuer multiplied by the number of unvested phantom units.
[F3]The reporting person was granted an award of 13,054 phantom units on April 14, 2026 that will vest fully on April 14, 2029, the third anniversary of the grant date, provided that the reporting person is still employed by the issuer on such vesting date, subject to earlier vesting upon certain events specified in the recipient's award agreement.

Signature

William W. Rainsberger|2026-05-13

1 file