|4Feb 10, 8:37 PM ET

Markowitz Sean N 4

Research Summary

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Cheniere (LNG) EVP Sean Markowitz Exercises RSUs; Shares Withheld

What Happened

  • Sean N. Markowitz, EVP, Chief Legal Officer and Corporate Secretary of Cheniere Energy (LNG), had previously granted restricted stock units (RSUs vest) on Feb 8–9, 2026. A total of 7,534 RSUs converted into common shares (3,726 on Feb 8 and 3,808 on Feb 9). The company withheld 923 shares (Feb 8) and 1,356 shares (Feb 9) to satisfy tax withholding obligations, with respective withholding values of $196,701 and $292,421 (total ~$489,122). After withholding, Markowitz received/retained 5,255 net shares.

Key Details

  • Transaction dates: RSU vesting/conversion on 2026-02-08 (3,726 shares) and 2026-02-09 (3,808 shares).
  • Tax-withheld shares: 923 shares @ $213.11 (disposed) = $196,701; 1,356 shares @ $215.65 (disposed) = $292,421; total value withheld ≈ $489,122.
  • Net shares retained after withholding: 7,534 vested − 2,279 withheld = 5,255 shares.
  • Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to pay tax liability.
  • Footnotes: F1–F4 confirm each RSU equals one share (or cash equivalent), shares were withheld to cover tax liabilities, and the reported amounts correspond to portions of previously granted RSUs that vested on Feb 8 and Feb 9.
  • Filing: Form 4 filed 2026-02-10 covering transactions on Feb 8–9 — filed within the standard 2-business-day window.

Context

  • This was not an open-market sale or purchase but a routine RSU vesting and cashless settlement where the company withheld shares to satisfy taxes. Such withholding is a common administrative step and does not necessarily indicate insider sentiment about the stock.