TriplePoint Venture Growth (NYSE: TPVG) CEO reports insider stock purchases
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. Chief Executive Officer and director James P. Labe reported open-market purchases of the company’s common stock. On 12/08/2025, an affiliated entity bought 48,514 shares at an average price of $6.6834 per share, and on 12/09/2025 it bought another 5,591 shares at an average price of $6.7201 per share. After these transactions, 1,372,325 shares are reported as indirectly owned through TriplePoint Capital LLC, with an additional 250 shares held in children’s custodian trust accounts and 236,690.738 shares held directly, including stock received through the company’s dividend reinvestment plan. The filing notes that the purchases on behalf of TriplePoint Capital LLC occurred automatically under a Rule 10b5-1 trading plan adopted on November 6, 2025, and that Labe disclaims beneficial ownership of certain reported shares beyond his pecuniary interest.
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FAQ
What insider transaction did TPVG report for James P. Labe?
The CEO and director James P. Labe reported open-market purchases of 48,514 TPVG common shares on 12/08/2025 at $6.6834 per share and 5,591 shares on 12/09/2025 at $6.7201 per share.
How many TPVG shares does James P. Labe report beneficially owning after these trades?
After the reported transactions, the filing shows 1,372,325 TPVG shares indirectly owned through TriplePoint Capital LLC, 250 shares in children’s custodian trust accounts, and 236,690.738 shares held directly.
Was a Rule 10b5-1 trading plan involved in the TPVG insider purchases?
Yes. The purchases by TriplePoint Capital LLC were executed automatically under a Rule 10b5-1 trading plan adopted on November 6, 2025.
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 officer, serving as Chief Executive Officer of TriplePoint Venture Growth BDC Corp.
How are TPVG shares categorized between direct and indirect ownership in this Form 4?
The filing reports indirect ownership through TriplePoint Capital LLC and children’s custodian trust accounts, and direct ownership of 236,690.738 shares, which includes stock received via the dividend reinvestment plan.
Does James P. Labe claim full beneficial ownership of all reported TPVG shares?
No. The filing states that he disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in them.