Genesis Energy LP SVP Awarded 6,177 Phantom Units Vesting in 2029
This Form 4 filing reports that Frederick Michael Thompson, Senior Vice President and General Manager of Genesis Energy LP, was awarded 6,177 phantom units on April 14, 2026. The phantom units are the economic equivalent of common units and will vest fully on April 14, 2029, the third anniversary of the grant date, provided Thompson remains employed by the company. The award includes tandem distribution equivalent rights to receive cash payments equal to quarterly distributions on the unvested phantom units. Each phantom unit will be paid in cash based on the closing price of common units on the vesting date. The transaction represents an initial award (code A) of derivative securities, with Thompson holding direct ownership of the phantom units. The filing was signed on May 29, 2026, reporting the April 14, 2026 transaction.