TriplePoint Venture Growth BDC (TPVG) CEO-linked 10b5-1 share buys disclosed
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. insider-related purchases were reported. An entity associated with Chief Executive Officer and director James Labe, TriplePoint Capital LLC, bought 40,000 shares of TPVG common stock at $6.6997 per share on 01/05/2026 and 34,000 shares at $6.6143 per share on 01/06/2026, both reported as indirect holdings. These purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025. After these transactions, TriplePoint Capital LLC was reported as indirectly holding 1,910,980 shares, with an additional 250 shares held indirectly in children’s custodian trust accounts and 239,404.46 shares held directly, which include shares received through TPVG’s dividend reinvestment plan. Labe disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Positive
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FAQ
What insider-related share purchases were reported for TPVG on this Form 4?
The filing reports that TriplePoint Capital LLC, an entity associated with TPVG Chief Executive Officer and director James Labe, purchased 40,000 TPVG common shares at $6.6997 on 01/05/2026 and 34,000 shares at $6.6143 on 01/06/2026, both as indirect holdings.
Were the TPVG share purchases made under a Rule 10b5-1 trading plan?
Yes. The filing states that the reported purchase of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
How many TPVG shares does TriplePoint Capital LLC hold after these transactions?
Following the reported transactions, TriplePoint Capital LLC is shown as indirectly holding 1,910,980 shares of TPVG common stock.
What other TPVG share holdings associated with James Labe are reported?
The filing shows 250 TPVG common shares held indirectly in children’s custodian trust accounts and 239,404.46 shares held directly by the reporting person. The direct holdings include shares received through TPVG’s dividend reinvestment plan.
Does James Labe claim full beneficial ownership of the TPVG shares reported?
No. The filing explains that the reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest, and that their inclusion does not constitute an admission of beneficial ownership of all or any of the reported shares.
What is James Labe’s role at TriplePoint Venture Growth BDC Corp.?
According to the filing, James Labe is a director and serves as the company’s Chief Executive Officer.