From marketbrief website /lng/form4/insider-trading/2012/9/28/9752824?s=st
SEC filings at the cheniere website
Brandolini Nuno sold 500,000 shares of Cheniere Energy Inc stock, or $7,749,594 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between September 26, 2012 - September 27, 2012. ...
This would explain some of the extra pressure on the share price the last few days. This is about a third of his current holdings, and it shows just how commited he his to the project.
Actually those shares were sold by a private equity firm called Scorpion Capital Partners and not by Brandolini himself but because he is associated with Scorpion he has to report the sale. He did not own the shares Scorpion did.
It is a fact that insiders unload monthly no matter what the price. It is just one negative fact about this stock but it is not a large percentage of the total outstanding, they just love the green monthly. The CEO is the champion unloader and they get the stock free as part of the their compensation. Stockholders are next in line.