TriplePoint (TPVG) Officer Purchases 122k Shares at ~$6.44 Each
Rhea-AI Filing Summary
Sajal K. Srivastava, President and CIO and a director of TriplePoint Venture Growth BDC Corp. (TPVG), reported two open-market purchases of the issuer's common stock in August 2025. On 08/22/2025 he purchased 42,003 shares at $6.438 per share and on 08/25/2025 he purchased 80,000 shares at $6.4781 per share. Following the 08/22 transaction the report shows 217,657 shares beneficially owned indirectly by TriplePoint Capital LLC and, after the 08/25 purchase, 297,657 shares beneficially owned indirectly by TriplePoint Capital LLC. The filing also reports 295,889.56 shares held directly, including shares received under the company dividend reinvestment plan. The reporting person disclaims beneficial ownership except for his pecuniary interest.
Positive
- Insider purchases: The reporting person acquired 42,003 shares on 08/22/2025 and 80,000 shares on 08/25/2025, showing purchase activity by a senior executive.
- Clear disclosure of holdings: The Form 4 specifies both direct holdings (295,889.56 shares) and indirect holdings via TriplePoint Capital LLC (reported as 217,657 and 297,657 shares).
Negative
- None.
Insights
TL;DR: Insider purchases totaling 122,003 shares at ~$6.44 suggest direct buying activity by the company’s President and CIO.
The transactions are coded as purchases and occurred on 08/22/2025 and 08/25/2025. The report differentiates between direct holdings (295,889.56 shares, which include dividend reinvestment plan shares) and indirect holdings attributed to TriplePoint Capital LLC (reported as 217,657 after the first trade and 297,657 after the second). The reporting person includes a disclaimer limiting asserted beneficial ownership. For investors, these are explicit insider purchases but the filing does not provide context such as total outstanding shares or dollar values beyond per-share prices, so impact must be evaluated with additional company-level data.
TL;DR: Director/officer reported two share purchases and clarified ownership is largely held indirectly through TriplePoint Capital LLC.
The Form 4 shows the reporting person serves both as a director and as President and CIO and that purchases were made under Code "P" on two dates in August 2025. The report explicitly notes indirect ownership through TriplePoint Capital LLC and a disclaimer regarding beneficial ownership scope. This filing is a routine Section 16 disclosure of insider transactions and contains no additional governance actions or amendments.