secwatch.observer — SEC 8-K summary
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Issuer:     Genie Energy Ltd. (GNE)
CIK:        0001528356
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001213900-24-011636
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genie Energy declares Q4 2023 dividend of $0.075/share; CFO gets amended employment agreement
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- Dividend of $0.075 per Class A and Class B share; payable Feb 28, 2024 to holders of record Feb 20.
- CFO Avi Goldin enters new three-year employment agreement effective Jan 1, 2024.
- Base salary of $425,000 annually; guaranteed bonus of $150,000 plus discretionary performance bonuses.
- Severance provisions upon certain terminations or non-renewal of the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528356/000121390024011636/0001213900-24-011636-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528356/000121390024011636/ea193167-8k_genieenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-011636

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