Slack David L 4
Research Summary
AI-generated summary
Cheniere (LNG) SVP David Slack Receives RSU Award
What Happened
- David L. Slack, Senior Vice President & Chief Accounting Officer of Cheniere Energy (LNG), had RSUs vest and be settled on Feb 11, 2026. The filing shows a grant/award of 6,050 RSUs and that 1,508 RSUs (the vested portion) were converted into shares. To satisfy tax withholding, 579 shares were withheld by the company, valued at $219.41 per share for a total withholding of $127,038. This was a vesting/settlement and tax-withholding event — not an open-market buy or sale.
Key Details
- Transaction date: February 11, 2026; filing date: February 13, 2026 (timely).
- Grant: 6,050 RSUs reported as granted (economic equivalent of one share each).
- Vested/converted: 1,508 RSUs vested and were converted into shares.
- Tax withholding: 579 shares withheld at $219.41/share = $127,038 (routine tax withholding).
- Codes in filing: A = award/grant (RSUs); M = exercise/conversion of a derivative (RSU conversion); F = tax withholding.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: RSUs represent rights to receive one share (or cash equivalent). The 1,508 shares represent the portion of a previously reported RSU grant that vested on Feb 11, 2026. Remaining RSUs vest in equal installments on Feb 11 of 2027, 2028 and 2029 and may be paid in stock or cash.
Context
- This is a routine equity compensation event (RSU vesting and company tax withholding), not an open-market purchase or sale. For retail investors, such withholding is standard and does not necessarily indicate insider sentiment about the company’s stock price.