TriplePoint Venture Growth (NYSE: TPVG) CEO discloses Rule 10b5-1 stock buys
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. (TPVG) CEO and director James P. Labe reported open-market purchases of common stock through an affiliated entity. On 12/10/2025, TriplePoint Capital LLC bought 27,200 TPVG shares at an average price of $6.7821, and on 12/11/2025 it bought another 24,590 shares at an average price of $6.6899, both reported as indirectly owned. Following these transactions, Labe reports 1,424,115 shares indirectly held via TriplePoint Capital LLC, 250 shares held in children’s custodian trust accounts, and 236,690.738 shares directly held, which include shares received under TPVG’s dividend reinvestment plan. The filing notes that the 12/10 and 12/11 purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
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FAQ
What insider transaction did TPVGs CEO report on this Form 4?
TPVG CEO and director James P. Labe reported indirect open-market purchases of TPVG common stock by TriplePoint Capital LLC on 12/10/2025 and 12/11/2025, which increased his reported beneficial ownership.
How many TPVG shares were purchased and at what prices?
TriplePoint Capital LLC purchased 27,200 TPVG common shares at an average price of $6.7821 on 12/10/2025 and 24,590 shares at an average price of $6.6899 on 12/11/2025, all reported as acquisitions.
What is James P. Labes reported TPVG share ownership after these transactions?
After the reported transactions, James P. Labe reports 1,424,115 TPVG shares indirectly owned through TriplePoint Capital LLC, 250 shares indirectly held in childrens custodian trust accounts, and 236,690.738 shares directly held.
Was a Rule 10b5-1 trading plan involved in these TPVG share purchases?
Yes. The filing states that the reported purchases on 12/10/2025 and 12/11/2025 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
How does TPVGs dividend reinvestment plan affect the CEOs share count?
The Form 4 notes that the 236,690.738 shares directly owned by James P. Labe include shares received pursuant to TPVGs dividend reinvestment plan, meaning some of his holdings come from automatic dividend reinvestment.
Does the Form 4 state whether the CEO fully admits 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 these shares is not an admission of beneficial ownership for Section 16 or other purposes.