The Rising Phoenix was a type of sculptural award.
Captain Jean-Luc Picard received this award for his work in ending the Klingon Civil War of 2367. This award was stored in Picard's section of the quantum archive at the Starfleet Archive Museum. (PIC: "Remembrance")
The award was one of the props displayed at Comic Con's exhibit Jean-Luc Picard: The First Duty in the summer of 2019. [1]