Cheniere Energy Partners (NYSE: CQP) grants 3,103 phantom units to director
Rhea-AI Filing Summary
RAUF ZAMIR reported acquisition or exercise transactions in this Form 4 filing.
Cheniere Energy Partners, L.P. reported that director Zamir Rauf received a grant of 3,103 phantom units on July 14, 2026. Each phantom unit is economically equivalent to one common unit and will vest on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAUF ZAMIR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PHANTOM UNITS | 3,103 | $0.00 | -- |
Holdings After Transaction:
PHANTOM UNITS — 3,103 shares (Direct)
Footnotes (1)
- On 07/14/2026, the Reporting Person was granted 3,103 phantom units payable in common units. Each phantom unit is the economic equivalent of one common unit of the Issuer. The phantom units vest on the first anniversary of the grant date.
Key Figures
Phantom units granted: 3,103 units
Total phantom units after transaction: 3,103 units
Transaction price per phantom unit: $0.0000
+2 more
5 metrics
Phantom units granted
3,103 units
Grant of phantom units to director Zamir Rauf on July 14, 2026
Total phantom units after transaction
3,103 units
Reported phantom unit holdings following the July 14, 2026 grant
Transaction price per phantom unit
$0.0000
Indicates award was granted at no cash cost as compensation
Underlying common units
3,103 units
Each phantom unit is the economic equivalent of one common unit
Vesting schedule
First anniversary of grant date
Phantom units vest one year after the July 14, 2026 grant
Key Terms
phantom units, economic equivalent, common units, first anniversary of the grant date
4 terms
phantom units financial
"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.
economic equivalent financial
"Each phantom unit is the economic equivalent of one common unit"
common units financial
"payable in common units. Each phantom unit is the economic equivalent of one common unit"
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.
first anniversary of the grant date financial
"The phantom units vest on the first anniversary of the grant date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Zamir Rauf report at Cheniere Energy Partners (CQP)?
Director Zamir Rauf reported receiving a grant of 3,103 phantom units at Cheniere Energy Partners. These derivative awards are payable in common units and represent equity-based compensation rather than an open-market purchase or sale of existing units.
How many phantom units were granted to Zamir Rauf in the CQP Form 4 filing?
The filing shows a grant of 3,103 phantom units to director Zamir Rauf. Following this grant, his reported phantom unit holdings total 3,103 units, all held directly as of the transaction date of July 14, 2026.
What are phantom units in the context of Cheniere Energy Partners (CQP)?
At Cheniere Energy Partners, phantom units are awards payable in common units, with each phantom unit being the economic equivalent of one common unit. They track the value of common units and are typically used as equity-based compensation.
When do Zamir Rauf’s 3,103 phantom units at CQP vest?
The granted 3,103 phantom units vest on the first anniversary of the grant date. Since the grant occurred on July 14, 2026, the units are scheduled to vest one year later, subject to the award’s continued-service conditions, if any.
Did Zamir Rauf pay any price per unit for the phantom units reported at CQP?
No cash price was paid; the Form 4 shows a transaction price of $0.0000 per phantom unit. This indicates the 3,103 phantom units were awarded as compensation rather than purchased in an open-market or privately negotiated transaction.
What underlying security do the CQP phantom units reported by Zamir Rauf relate to?
The phantom units granted to Zamir Rauf are payable in common units of Cheniere Energy Partners. Each phantom unit represents the economic equivalent of one common unit, aligning the director’s compensation with common unitholder value.