Thompson Frederick Michael 4

4 · GENESIS ENERGY LP · Filed May 29, 2026

AI-generated summary of this filing

Updated May 29, 2026

Genesis Energy (GEL) SVP Frederick M. Thompson Receives Award

What Happened

Frederick M. Thompson, Senior Vice President and General Manager of Genesis Energy (GEL), received an award of 6,177 phantom units on April 14, 2026. The award is a derivative grant (phantom units) that is cash‑settled; no share purchase or sale occurred and no per‑unit price is reported.

Key Details

Transaction date: 2026-04-14 (Form 4 filed 2026-05-29).
Transaction type: A = Award/Grant (derivative — phantom units); amount: 6,177 units; price: N/A (cash‑settled).
Vesting: Fully vests on April 14, 2029 (third anniversary), subject to continued employment and possible earlier vesting on specified events.
Distribution rights: Award includes tandem distribution equivalent rights — Thompson will receive cash equal to quarterly distributions on unvested phantom units.
Shares/units owned after transaction: Not specified in the Form 4.
Timeliness: The Form 4 was filed ~45 days after the grant date (Apr 14 → filed May 29), which is outside the typical 2-business‑day reporting window for Form 4 filings.

Context

Phantom units are cash‑settled awards that mirror economic exposure to common units; on vesting (or other payout event) the recipient receives cash based on the common unit closing price on the applicable date.
This transaction is an executive compensation grant (not a purchase or sale) and does not by itself signal a buy/sell preference by the insider.

Form 4

Period: 2026-04-14

SVP and GM

Transactions

Award
Phantom Units
[F1][F2][F3]
2026-04-14+6,177→ 6,177 total
From: 2029-04-14Exp: 2029-04-14→ Common Units - Class A (6,177 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 6,177 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

Frederick Thompson|2026-05-29

1 file