---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-088058"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:00:13.344408+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Howard Jonas gains 61% voting control via children's trust share transfer to his partnership

## Summary
- Seven trusts for children of Howard Jonas transferred 1,377,535 Class A shares (87% of Class A) to a limited partnership.
- Howard Jonas is sole manager of general partner, gaining sole voting/dispositive power over those shares.
- Following transfer, Mr. Jonas holds approximately 61% of aggregate voting power of all capital stock.
- Company now qualifies as a 'controlled company' under NYSE Section 303A listed company manual.

## SEC filing metadata
- accession: 0001213900-23-088058
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528356/000121390023088058/0001213900-23-088058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000121390023088058/ea188591-8k_genie.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-088058
- JSON: https://secwatch.observer/filing/0001213900-23-088058.json
- Plain text: https://secwatch.observer/filing/0001213900-23-088058.txt

## Key facts
- M&A Transactions
  Genie Energy Ltd. underwent a change of control involving Howard S. Jonas (closed 2023-11-15).
  - Action: change of control
  - Counterparty: Howard S. Jonas
  - Closing: 2023-11-15
  source text: On November 15, 2023, seven trusts, each for the benefit of a child of Howard S. Jonas, the Company’s Executive Chairman and Chairman of the Board, with independent trustees, transferred an aggregate of 1,377,535 shares of Class A common stock of Genie Energy Ltd. (the “Company”) (representing 87% of the issued and outstanding shares of the Class A common stock of the Company, and 56% of the aggregate voting power of all issued and outstanding shares of capital stock of the Company) to a limited partnership.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1528356/000121390023088058/0001213900-23-088058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.