Cheniere Energy Partners grants 3,103 phantom units

Jennings Michael reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Jennings Michael reported acquisition or exercise transactions in this Form 4 filing.

Cheniere Energy Partners, L.P. reported that director Michael Jennings received a grant of 3,103 phantom units on July 14, 2026. Each phantom unit is equivalent to one common unit and is payable in common units. The phantom units vest on the first anniversary of the grant date, and Jennings now holds 3,103 phantom units directly following this award.

Insider Trade Summary

Grant/Award: 3,103 shares

Grant/Award 1 txn

Insider Jennings Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	PHANTOM UNITS F1, F2	3,103	$0.00	$0.00

Holdings After Transaction: PHANTOM UNITS — 3,103 contracts (Direct)

Footnotes (2)

1. F1. On 07/14/2026, the Reporting Person was granted 3,103 phantom units payable in common units. Each phantom unit is the equivalent of one common unit of the Issuer.
2. F2. The phantom units vest on the first anniversary of the grant date.

Key Figures

Phantom units granted: 3,103 units Underlying common units: 3,103 units Total phantom units after grant: 3,103 units

3 metrics

Phantom units granted 3,103 units Grant to Michael Jennings on 07/14/2026

Underlying common units 3,103 units Each phantom unit is the equivalent of one common unit

Total phantom units after grant 3,103 units Direct holdings following the reported transaction

Key Terms

phantom units, common units, vest

3 terms

phantom units financial

"On 07/14/2026, the Reporting Person was granted 3,103 phantom units payable in common units."

Phantom units are a form of employee compensation that mimics ownership in a company without issuing real shares: recipients receive cash or stock value tied to the company’s share price or performance when the units vest. They matter to investors because phantom units align employee incentives with shareholder value while avoiding share dilution; however, they create future cash obligations and can affect a company’s financial statements and cash flow.

common units financial

"Each phantom unit is the equivalent of one common unit of the Issuer."

Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.

vest financial

"The phantom units vest on the first anniversary of the grant date."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Michael Jennings report at CQP?

Michael Jennings reported a grant of 3,103 phantom units at Cheniere Energy Partners, L.P. on July 14, 2026. Each phantom unit equals one common unit and will be paid in common units, reflecting an equity-based compensation award rather than an open-market purchase.

Is the CQP Form 4 transaction a stock purchase or a compensation grant?

The CQP Form 4 shows a grant/award acquisition, not a market purchase. Jennings received 3,103 phantom units at a reported price of $0.0000 per unit, indicating equity compensation rather than buying units on the open market.

How many Cheniere Energy Partners (CQP) phantom units does Michael Jennings hold after this grant?

Following the reported transaction, Michael Jennings holds 3,103 phantom units directly. These phantom units are payable in common units, with each phantom unit representing one common unit of Cheniere Energy Partners, L.P. upon settlement after vesting.

When do Michael Jennings’s CQP phantom units vest?

The phantom units vest on the first anniversary of the July 14, 2026 grant date. Vesting means Jennings must remain eligible through that one-year period before the phantom units convert into payable common units of Cheniere Energy Partners, L.P.

What are phantom units in the Cheniere Energy Partners (CQP) Form 4 filing?

In this Form 4, phantom units are derivative awards where each unit equals one common unit of CQP. They are payable in common units after vesting, providing equity-linked compensation without an immediate cash purchase or sale in the market.

Did Michael Jennings sell any CQP units in this Form 4 filing?

No sales are reported; the filing shows only a grant of 3,103 phantom units. The transaction code is “A” for a grant or award acquisition, and the transaction summary lists no sell transactions or dispositions associated with this date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/16/2026 - 06:02 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jennings Michael

(Last) (First) (Middle)

845 TEXAS AVENUE

SUITE 1250

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Cheniere Energy Partners, L.P. [ CQP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
PHANTOM UNITS	(1)	07/14/2026		A		3,103		(2)	(2)	COMMON UNITS	3,103	$0	3,103	D

Explanation of Responses:

1. On 07/14/2026, the Reporting Person was granted 3,103 phantom units payable in common units. Each phantom unit is the equivalent of one common unit of the Issuer.

2. The phantom units vest on the first anniversary of the grant date.

Remarks:

	/s/ Sean N. Markowitz under POA by Michael Jennings	07/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)