TriplePoint Venture Growth CEO discloses recent TPVG share purchases

Rhea-AI Filing Summary

TriplePoint Venture Growth BDC Corp. (TPVG) Chief Executive Officer and director James P. Labe reported open-market purchases of the company’s common stock. On 11/17/2025, an affiliated entity bought 44,648 shares at a price of $6.0611 per share, and on 11/18/2025 it bought an additional 27,439 shares at $6.062 per share, all held indirectly through TriplePoint Capital LLC. He also reports indirect holdings in children’s custodian trust accounts and direct ownership of common stock, which includes shares received through TPVG’s dividend reinvestment plan. The report notes that he disclaims beneficial ownership of certain shares beyond his economic interest.

Insights

Equity Ownership and Governance Analyst

CEO/director-related entity made open-market share purchases, modestly reinforcing alignment with common stockholders.

The filing reports open-market purchases of TriplePoint Venture Growth BDC Corp. common stock on 11/17/2025 and 11/18/2025. A related entity, TriplePoint Capital LLC, acquired 44,648 shares at an average price of $6.0611 and 27,439 shares at $6.062, both coded "P" for purchases. After these transactions, this entity holds 836,139 shares, while 250 shares are held in children's custodian trust accounts, and 236,690.738 shares are held directly.

The reporting person is both a director and Chief Executive Officer, so these purchases increase economic exposure at the leadership level. The footnotes clarify that beneficial ownership of the indirectly held shares is disclaimed beyond pecuniary interest, which is a standard legal position. The disclosure also notes that some directly held shares include stock received through the company’s dividend reinvestment plan, indicating reinvested distributions rather than only cash-out behavior.

Key items to watch include any pattern of continued purchases by the same reporting person or related entity and changes in the directly held 236,690.738 shares. Future Form 4 filings will show whether this is an isolated set of trades around November 2025 or part of a longer-term accumulation trend, which can provide additional context on leadership’s ongoing equity exposure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Labe James

(Last) (First) (Middle)

C/O TRIPLEPOINT VENTURE GROWTH BDC CORP.

2755 SANDHILL ROAD, SUITE 150

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TriplePoint Venture Growth BDC Corp. [ TPVG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/17/2025		P		44,648	A	$6.0611	808,700(1)	I	By TriplePoint Capital LLC
Common Stock	11/18/2025		P		27,439	A	$6.062	836,139(1)	I	By TriplePoint Capital LLC
Common Stock								250(1)	I	Held in children's custodian trust accounts
Common Stock								236,690.738(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all or any of the reported shares for purposes of Section 16 or for any other purpose.

2. Includes shares of common stock received pursuant to TPVG's dividend reinvestment plan.

Remarks:

	/s/ James P. Labe	11/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TPVG report for CEO James P. Labe?

The CEO and director James P. Labe reported purchases of TriplePoint Venture Growth BDC Corp. (TPVG) common stock through an affiliated entity and updated his reported holdings.

How many TPVG shares were purchased in the latest Form 4 filing?

The filing shows purchases of 44,648 TPVG common shares on 11/17/2025 and 27,439 shares on 11/18/2025, all reported as acquired.

At what prices did the TPVG shares trade in these insider purchases?

The 44,648 shares were bought at $6.0611 per share, and the 27,439 shares were bought at $6.062 per share, according to the Form 4.

How are James P. Labe’s TPVG shares held after these transactions?

After the reported trades, 836,139 TPVG shares are reported as indirectly owned through TriplePoint Capital LLC, 250 shares are indirectly held in children’s custodian trust accounts, and 236,690.738 shares are listed as directly owned.

What does the Form 4 say about beneficial ownership of TPVG shares?

The filing states that James P. Labe disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, and that including them does not admit full beneficial ownership.

Does the TPVG Form 4 mention the dividend reinvestment plan?

Yes. The explanation notes that the reported holdings include TPVG common stock received under the company’s dividend reinvestment plan.