Cheniere director reports tax-share withholding
Cheniere Energy director Lorraine Mitchelmore reported a small tax-related share disposition.
Rhea-AI Filing Summary
Cheniere Energy director Lorraine Mitchelmore reported a small tax-related share disposition. On a Form 4, she disclosed that 53 shares of common stock were withheld by the company at $220.79 per share to cover taxes due on the vesting of restricted stock. After this tax-withholding transaction, she directly owned 7,110 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 53 shares
Exercise Price or Tax Liability
1 txn
Insider
Mitchelmore Lorraine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 53 | $220.79 | $12K |
Holdings After Transaction:
Common Stock — 7,110 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Company in order to satisfy the Reporting Person's tax liability incident to a vesting of restricted stock.
FAQ
What insider transaction did Cheniere Energy (LNG) director Lorraine Mitchelmore report?
Lorraine Mitchelmore reported a tax-withholding disposition of 53 Cheniere Energy common shares. The company withheld these shares to satisfy her tax liability arising from the vesting of restricted stock, as reflected in a Form 4 filing.
Was the Cheniere Energy (LNG) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 and footnote explain that the 53 shares were withheld by Cheniere Energy solely to satisfy the reporting person’s tax liability on a restricted stock vesting.
What does transaction code "F" mean in the Cheniere Energy (LNG) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects Cheniere Energy withholding 53 shares from Lorraine Mitchelmore to cover taxes due on the vesting of restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.