TriplePoint (TPVG) Insider Buys Increase Reported Holdings to 488,435 Shares
Rhea-AI Filing Summary
James P. Labe, Chief Executive Officer and a director of TriplePoint Venture Growth BDC Corp. (TPVG), reported purchases of the issuer's common stock on 08/28/2025 and 08/29/2025. On 08/28/2025 he acquired 44,630 shares at $6.636 per share and on 08/29/2025 he acquired 65,000 shares at $6.7255 per share, increasing his reported beneficial ownership to 488,435 shares indirectly through TriplePoint Capital LLC. The filing also discloses 250 shares held in children’s custodian trust accounts and 234,001.703 shares held directly that include dividends reinvested under TPVG’s dividend reinvestment plan. The report is signed and dated 09/02/2025.
Positive
- Insider purchases of a total of 109,630 shares on 08/28/2025 and 08/29/2025 at modest prices ($6.636 and $6.7255).
- Reported beneficial ownership increased to 488,435 shares indirectly via TriplePoint Capital LLC.
- Disclosure of dividend reinvestment shares (234,001.703) improves clarity on the composition of holdings.
Negative
- None.
Insights
TL;DR: Insider purchases totaling 109,630 shares were reported, raising reported indirect holdings to 488,435 shares.
The reported open-market purchases on two consecutive days—44,630 shares at $6.636 and 65,000 shares at $6.7255—are explicit, with ownership held indirectly via TriplePoint Capital LLC. These transactions increased the reporting person’s disclosed economic exposure. The filing also clarifies holdings in custodial accounts and shares from the dividend reinvestment plan, providing a clear view of the reporting person’s aggregated position.
TL;DR: CEO and director reported purchases and consolidated indirect ownership through an affiliated LLC.
The Form 4 shows the CEO acting as a reporting person and identifies his relationship to the issuer. The report disclaims broader beneficial ownership beyond pecuniary interest for certain holdings, which is standard. The inclusion of custodial trust holdings and dividend reinvestment shares helps reconcile total reported positions. All material details provided in the form are explicit and signed.