TriplePoint Venture Growth BDC Corp. (TPVG) CEO adds shares in Rule 10b5-1 trades
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp.'s Chief Executive Officer and director, James P. Labe, reported open‑market purchases of the company's common stock through an affiliated entity. On 12/12/2025, TriplePoint Capital LLC bought 19,919 shares at a price of $6.6415 per share, followed by an additional 30,000 shares at $6.456 per share on 12/15/2025, both coded as purchases and reported as indirectly owned.
After these transactions, Labe is reported as beneficially owning 1,474,034 shares indirectly through TriplePoint Capital LLC, 250 shares indirectly in children's custodian trust accounts, and 236,690.738 shares directly, which include shares received under the dividend reinvestment plan. The purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025, and the reporting person disclaims beneficial ownership beyond his pecuniary interest.
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FAQ
What insider transaction did TPVG report for its CEO?
TriplePoint Venture Growth BDC Corp. reported that its Chief Executive Officer and director, James P. Labe, purchased shares of the company’s common stock via an affiliated entity, TriplePoint Capital LLC, in open‑market transactions.
How many TPVG shares were purchased and on what dates?
TriplePoint Capital LLC purchased 19,919 TPVG common shares on 12/12/2025 at $6.6415 per share and 30,000 shares on 12/15/2025 at $6.456 per share, both reported as purchases.
What is James P. Labe’s relationship to TriplePoint Venture Growth BDC Corp. (TPVG)?
James P. Labe is reported as both a Director and an Officer of TriplePoint Venture Growth BDC Corp., serving as its Chief Executive Officer.
How many TPVG shares does James P. Labe beneficially own after these transactions?
Following the reported trades, he is shown as beneficially owning 1,474,034 shares indirectly through TriplePoint Capital LLC, 250 shares indirectly in children’s custodian trust accounts, and 236,690.738 shares directly, which include shares received under the dividend reinvestment plan.
Were the TPVG share purchases made under a Rule 10b5-1 trading plan?
Yes. The purchases were executed automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025, as noted in the explanation of responses.
Does James P. Labe claim full beneficial ownership of all reported TPVG shares?
No. The filing states that the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, and their inclusion should not be deemed an admission of beneficial ownership for any purpose.