TriplePoint Venture Growth (TPVG) CEO James P. Labe reports 100,000-share insider purchase
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. insider activity: Chief Executive Officer and director James P. Labe reported open-market purchases of the company’s common stock. On 12/01/2025, an affiliated entity, TriplePoint Capital LLC, bought 50,000 shares at $6.3982 per share. On 12/02/2025, TriplePoint Capital LLC bought another 50,000 shares at $6.371 per share.
After these transactions, the filing reports 1,198,766 shares of TriplePoint Venture Growth BDC Corp. common stock beneficially owned indirectly through TriplePoint Capital LLC and 250 shares held in children’s custodian trust accounts. It also reports 236,690.738 shares held directly, which include stock received through the company’s dividend reinvestment plan. The reporting person disclaims beneficial ownership of certain indirect holdings beyond his economic interest.
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FAQ
What insider transaction did TPVG disclose in this Form 4 filing?
The filing shows that Chief Executive Officer and director James P. Labe, through TriplePoint Capital LLC, purchased a total of 100,000 shares of TriplePoint Venture Growth BDC Corp. common stock in early December 2025.
On what dates did James P. Labe purchase TPVG shares and at what prices?
According to the filing, TriplePoint Capital LLC bought 50,000 TPVG shares on 12/01/2025 at $6.3982 per share and another 50,000 shares on 12/02/2025 at $6.371 per share.
How many TPVG shares does James P. Labe beneficially own after these transactions?
After the reported trades, the filing shows 1,198,766 shares of TPVG common stock beneficially owned indirectly through TriplePoint Capital LLC, 250 shares held in children’s custodian trust accounts, and 236,690.738 shares held directly.
Does the TPVG filing mention a dividend reinvestment plan?
Yes. The disclosure notes that the 236,690.738 directly held shares include common stock received under TriplePoint Venture Growth BDC Corp.’s dividend reinvestment plan.
What roles does the reporting person hold at TriplePoint Venture Growth BDC Corp. (TPVG)?
The reporting person, James P. Labe, is identified as both a director and the company’s Chief Executive Officer in the filing.
How are some of James P. Labe’s TPVG holdings characterized in the Form 4?
The filing states that he disclaims beneficial ownership of certain indirectly held shares except to the extent of his pecuniary interest, clarifying how those holdings are treated for reporting purposes.