TriplePoint Venture Growth BDC (TPVG) President reports 51,790-share insider purchase
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. insider Sajal K. Srivastava, who serves as President, Chief Investment Officer and director, reported automatic open‑market purchases of the company’s common stock. On 12/10/2025, an indirect account held through TriplePoint Capital LLC bought 27,200 shares at an average price of $6.7821 per share, and on 12/11/2025 it bought another 24,590 shares at an average price of $6.6899 per share.
Following these transactions, Srivastava reported 1,424,115 shares beneficially owned indirectly through TriplePoint Capital LLC and 301,383.98 shares held directly, which include shares received through the company’s dividend reinvestment plan. The filing notes that the purchases were executed under a Rule 10b5‑1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025, and that Srivastava disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
FAQ
What insider transaction did TPVG report for Sajal K. Srivastava?
The report shows that Sajal K. Srivastava, President, CIO and director of TriplePoint Venture Growth BDC Corp. (TPVG), indirectly purchased company common stock through TriplePoint Capital LLC on 12/10/2025 and 12/11/2025.
How many TPVG shares were purchased in the reported Form 4 transactions?
The filing reports indirect open‑market purchases of 27,200 TPVG shares on 12/10/2025 at $6.7821 per share and 24,590 shares on 12/11/2025 at $6.6899 per share.
What is Sajal K. Srivastava’s reported TPVG share ownership after these trades?
After the transactions, Srivastava reported 1,424,115 TPVG common shares beneficially owned indirectly through TriplePoint Capital LLC and 301,383.98 TPVG common shares held directly.
Were the TPVG insider purchases made under a Rule 10b5-1 trading plan?
Yes. The filing states that the reported purchases were effected automatically under a Rule 10b5‑1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
Does Sajal K. Srivastava claim full beneficial ownership of the reported TPVG shares?
No. Srivastava disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, and their inclusion is not an admission of full beneficial ownership.
Does the TPVG Form 4 mention dividend reinvestment plan shares?
Yes. The explanation notes that the directly held 301,383.98 TPVG shares include stock received through TPVG’s dividend reinvestment plan.