[Form 4] TRIPLEPOINT VENTURE GROWTH BDC CORP. Insider Trading Activity

Rhea-AI Filing Summary

James P. Labe, Chief Executive Officer and a director of TriplePoint Venture Growth BDC Corp. (TPVG), reported two open-market purchases of the issuer's common stock on this Form 4. On 08/20/2025 he acquired 39,567 shares at $6.2014 per share and on 08/21/2025 he acquired 31,000 shares at $6.2968 per share. The report shows 144,654 shares beneficially owned after the 08/20 purchase and 175,654 shares after the 08/21 purchase, held indirectly by TriplePoint Capital LLC. The filing also discloses 250 shares held in children's custodian trust accounts and 234,001.703 shares reported as held following participation in the dividend reinvestment plan. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

• Insider purchases reported on 08/20/2025 and 08/21/2025 totaling 70,567 shares, which can indicate management confidence.
• Clear disclosure of indirect ownership via TriplePoint Capital LLC and of shares from the dividend reinvestment plan, aiding transparency.

Negative

• None.

Insights

Financial Analyst

TL;DR Insider purchased modest share amounts over two days, increasing reported indirect holdings.

The transactions consist of two open-market purchases totaling 70,567 shares across 08/20/2025 and 08/21/2025 at average price roughly $6.25. Purchases were reported as indirect via TriplePoint Capital LLC, with additional small direct holdings in custodian trusts and shares from the dividend reinvestment plan. For investors, such insider buying is a data point signaling management acquisition of stock but is not, by itself, material to valuation given the reported sizes versus the company’s likely outstanding share count. No sales or option exercises are reported, and the filing includes the standard disclaimer of beneficial ownership.

Corporate Governance Expert

TL;DR CEO/Director open-market purchases are routine disclosures and reflect personal/firm-level accumulation.

The Form 4 properly discloses relationship to the issuer and the nature of indirect ownership through TriplePoint Capital LLC. The report includes the Rule 10b5-1 plan checkbox guidance though it does not indicate a plan execution claim. The disclaimer language limits attribution of beneficial ownership beyond pecuniary interest. From a governance standpoint, filings are complete with signature and explanation of dividend reinvestment plan shares; there are no indications of related-party transfers or unusual derivative activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Labe James

(Last) (First) (Middle)

C/O TRIPLEPOINT VENTURE GROWTH BDC CORP.

2755 SANDHILL ROAD, SUITE 150

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TriplePoint Venture Growth BDC Corp. [ TPVG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/20/2025		P		39,567	A	$6.2014	144,654(1)	I	By TriplePoint Capital LLC
Common Stock	08/21/2025		P		31,000	A	$6.2968	175,654(1)	I	By TriplePoint Capital LLC
Common Stock								250(1)	I	Held in children's custodian trust accounts
Common Stock								234,001.703(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all or any of the reported shares for purposes of Section 16 or for any other purpose.

2. Includes shares of common stock received pursuant to TPVG's dividend reinvestment plan.

Remarks:

	/s/ James P. Labe	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did TPVG insider James P. Labe report on Form 4?

He reported two open-market purchases: 39,567 shares at $6.2014 on 08/20/2025 and 31,000 shares at $6.2968 on 08/21/2025.

How many TPVG shares does James P. Labe beneficially own after these transactions?

The filing shows 144,654 shares reported after the 08/20 purchase and 175,654 shares after the 08/21 purchase held indirectly by TriplePoint Capital LLC; it also reports 250 shares in custodian trusts and 234,001.703 shares associated with the dividend reinvestment plan.

Are the reported TPVG purchases direct or indirect holdings?

The purchases are reported as indirect (I) through TriplePoint Capital LLC; the 250 shares are held in children's custodian trust accounts (indirect).

Did the Form 4 indicate use of a 10b5-1 trading plan?

The form includes standard instructions about 10b5-1 plans but does not explicitly check a box or state that the reported transactions were made pursuant to a 10b5-1 plan.

Does the filing include any derivative transactions or sales by the insider?

No derivative transactions or dispositions are reported in Table II; the Form 4 only discloses the two purchases and existing holdings.