Hinz Maas 4
Research Summary
AI-generated summary
Cheniere (LNG) SVP Hinz Maas Sells Shares, Receives RSU Grant
What Happened
- Hinz Maas, SVP, Operations at Cheniere Energy (LNG), had 2,090 restricted stock units (RSUs) vest on Feb 11, 2026. Those vested units were valued at about $418,084 (2,090 × $200.04): 1,267 shares were surrendered/converted and resulted in cash proceeds of $253,451 (disposition to issuer at $200.04), and 823 shares were withheld by the company to satisfy tax withholding valued at $164,633. At the same time the Reporting Person was granted 7,749 new RSUs (no cash value at grant).
Key Details
- Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (timely).
- Prices/values: disposition and withholding based on $200.04 per share; total value of vested RSUs ≈ $418,084 (1,267 sold = $253,451; 823 withheld = $164,633).
- Actions reported: vesting/exercise/conversion of RSUs (code M), disposition to issuer (code D), tax withholding (code F), and a new RSU grant (code A).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: (F1,F5) each RSU equals one share or cash equivalent; (F2,F4) portion of previously reported RSUs vested Feb 11, 2026; (F3) withholding satisfied tax liability; (F6) the new RSUs vest in equal installments on Feb 11 of 2027, 2028, and 2029 and may be paid in stock or cash.
Context
- This was not an open-market sale but a routine settlement of vested RSUs: part of the vested units were converted/settled and either paid out or withheld for taxes (common for equity compensation). The new RSU grant vests over the next three years and can be settled in shares or cash. These actions reflect compensation administration rather than an outright directional trade signal.