TriplePoint Venture Growth (TPVG) CEO Labe discloses Rule 10b5-1 stock buys
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. insider James P. Labe, who serves as Chief Executive Officer and a director, reported recent open‑market purchases of the company’s common stock. On 12/18/2025, an indirect account purchased 25,000 shares at a price of $6.3019 per share, and on 12/19/2025 it purchased 29,000 shares at $6.2506 per share, both reported as acquisitions. Following these transactions, 1,594,978 shares are reported as indirectly owned through TriplePoint Capital LLC, 250 shares are held in children’s custodian trust accounts, and 236,690.738 shares are directly owned, including shares acquired through the company’s dividend reinvestment plan. The filing notes that the purchases occurred automatically under a Rule 10b5‑1 trading plan adopted on November 6, 2025, and that Labe disclaims beneficial ownership beyond his pecuniary interest.
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FAQ
What insider transaction did TPVG report in this Form 4?
The report shows that Chief Executive Officer and director James P. Labe, through an indirect account, acquired 25,000 TPVG common shares on 12/18/2025 at $6.3019 and 29,000 shares on 12/19/2025 at $6.2506 per share.
How many TPVG shares does James P. Labe beneficially own after these transactions?
After the reported purchases, Labe reports indirect ownership of 1,594,978 TPVG shares through TriplePoint Capital LLC, 250 shares held in children’s custodian trust accounts, and direct ownership of 236,690.738 shares.
What is the relationship of the reporting person to TPVG?
The reporting person, James P. Labe, is both a director and the Chief Executive Officer of TriplePoint Venture Growth BDC Corp.
Were the TPVG insider share purchases made under a Rule 10b5-1 trading plan?
Yes. The filing explains that the reported purchases occurred automatically pursuant to a Rule 10b5‑1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
How are some of James P. Labe’s TPVG shares held indirectly?
Indirect holdings include shares held by TriplePoint Capital LLC and 250 shares held in children’s custodian trust accounts. The filing states that Labe disclaims beneficial ownership except to the extent of his pecuniary interest.
Does this TPVG Form 4 include any derivative securities?
The Form 4 includes a table for derivative securities, but no specific derivative transactions or positions are listed in the provided content.