Cheniere Energy, Inc. (NYSE: LNG) disclosed that Sean N. Markowitz, the companys executive vice president, chief legal officer and corporate secretary, sold 22,246 shares of Cheniere common stock on March 26, 2026, according to a Form 4 filing submitted to the Securities and Exchange Commission.
The report shows the disposals were executed in two separate trades that together amounted to approximately $6.4 million. The first transaction comprised 8,810 shares sold at a weighted average price of $290.5047, with individual sale prices ranging from $290.00 to $290.99. The second involved 13,436 shares sold at a weighted average price of $291.2986, with prices in that tranche ranging from $291.00 to $291.75.
At the time of the filing, the companys share price was trading close to a 52-week high of $300.89 and had delivered a 51% return year-to-date. An analysis cited in the filing notes the stock appears overvalued relative to its Fair Value estimate and is trading at a price-to-earnings ratio of 12.17.
Following the sales, Markowitz directly holds 64,000 shares of Cheniere Energy, Inc. The Form 4 indicated that the reason for the disposition was diversification and tax planning.
Company financials and context
In related corporate disclosures, Cheniere reported robust results for the fourth quarter of 2025. The company recorded consolidated adjusted EBITDA of $2.0 billion and reported net income of $2.3 billion for that quarter. The filing and company statements attribute these outcomes to operational efficiency and commercial performance, and characterize the results as reflecting notable growth in earnings and production.
The disclosure also notes that there have been no recent analyst upgrades or downgrades concerning Cheniere Energy.
What the filing does and does not show
The Form 4 records the precise share counts, price ranges and the aggregated dollar value of the trades, and it states the stated motives for the sale. It does not provide additional commentary from the executive beyond the reasons listed in the filing, nor does it link the sales to other specific corporate events beyond the timing relative to the companys recent financial disclosures and market performance.
Investors seeking further valuation context may refer to available professional research and valuation tools that produce Fair Value estimates and comparative metrics; the filing itself references such analysis in noting an overvaluation versus a Fair Value estimate and the reported P/E ratio.