TriplePoint Venture Growth (TPVG) CEO discloses insider stock buys
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. disclosed insider share purchases by its Chief Executive Officer and director, James P. Labe. On 12/31/2025, an affiliated entity bought 30,459 shares of common stock at $6.5457 per share, and on 01/02/2026 it bought another 27,153 shares at $6.6043 per share. These transactions were reported as indirect ownership through TriplePoint Capital LLC, which now holds 1,836,980 shares. Labe also reports 250 shares held in children's custodian trust accounts and 239,404.46 shares held directly. The filing notes that the reported purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025, and that Labe disclaims beneficial ownership beyond his pecuniary interest.
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FAQ
What insider transactions did TPVG report in this Form 4 filing?
The filing shows that an entity affiliated with TPVG's CEO, James P. Labe, purchased 30,459 shares of common stock at $6.5457 on 12/31/2025 and 27,153 shares at $6.6043 on 01/02/2026, all reported as indirect ownership.
How many TPVG shares does the CEO beneficially own after these transactions?
After the reported transactions, TriplePoint Capital LLC, through which James P. Labe reports indirect ownership, holds 1,836,980 TPVG shares. He also reports 250 shares in children's custodian trust accounts and 239,404.46 shares held directly.
Was a Rule 10b5-1 trading plan used for these TPVG share purchases?
Yes. The filing states that the reported purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025, and the relevant checkbox for a 10b5-1 plan is indicated.
What is James P. Labe’s role at TriplePoint Venture Growth BDC Corp. (TPVG)?
James P. Labe is reported as both a Director and an OfficerChief Executive Officer.
How are the TPVG shares categorized in terms of direct and indirect ownership?
The filing reports indirect ownership of 1,836,980 shares through TriplePoint Capital LLC and 250 shares in children's custodian trust accounts, while 239,404.46 shares are reported as direct ownership.
Does the CEO claim full beneficial ownership of all reported TPVG shares?
No. The filing explains that the reporting person disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest, and that including them should not be taken as an admission of full beneficial ownership.