TriplePoint (TPVG) Officer Acquires 81,148 Shares in Late August 2025
Rhea-AI Filing Summary
Sajal K. Srivastava, President and CIO and a director of TriplePoint Venture Growth BDC Corp. (TPVG), reported purchases of the issuer's common stock on 08/26/2025 and 08/27/2025. On 08/26/2025 he purchased 27,988 shares at $6.4777 per share and on 08/27/2025 he purchased 53,160 shares at $6.6286 per share. The filing shows 325,645 shares and 378,805 shares reported as indirectly owned by the reporting person through TriplePoint Capital LLC following those transactions, and 295,889.56 shares reported as directly owned, which includes shares received under TPVG's dividend reinvestment plan. The report includes the reporting person's disclaimer that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- Insider purchases: Reporting person acquired 81,148 shares across two transactions, showing owner-side buying activity.
- Transparent disclosure: Form 4 includes transaction dates, share counts, prices, ownership forms (direct/indirect) and a signature.
- Dividend reinvestment participation: Direct holdings include shares received under TPVG's dividend reinvestment plan, indicating ongoing investment.
Negative
- None.
Insights
TL;DR: Insider purchases totalling 81,148 shares at ~$6.50 indicate management-directed accumulation.
The reporting shows two non-derivative purchases: 27,988 shares at $6.4777 and 53,160 shares at $6.6286, totaling 81,148 shares acquired across two days. These purchases increased reported indirect holdings via TriplePoint Capital LLC to 378,805 shares and the filing separately shows 295,889.56 shares held directly, including dividend reinvestment plan shares. From a liquidity and signaling standpoint, contemporaneous insider purchases by a senior executive can be interpreted as alignment with shareholder interests; however, the filing includes a disclaimer limiting admitted beneficial ownership.
TL;DR: A director/officer reported routine Form 4 purchases and an ownership disclaimer; governance disclosure appears complete.
The Form 4 discloses the reporting person’s roles (Director; President and CIO) and provides transaction dates, share counts, prices, and ownership forms (direct and indirect). It also includes the customary disclaimer regarding beneficial ownership and notes shares from the dividend reinvestment plan. The filing is signed and dated 08/28/2025, meeting basic disclosure requirements under Section 16.