Insider Purchases: TPVG CEO Acquires 81K Shares via TriplePoint Capital LLC

Rhea-AI Filing Summary

James P. Labe, Chief Executive Officer and Director of TriplePoint Venture Growth BDC Corp. (TPVG), reported purchasing company common stock on August 26 and August 27, 2025. The Form 4 shows a purchase of 27,988 shares on 08/26/2025 at $6.4777 per share and a purchase of 53,160 shares on 08/27/2025 at $6.6286 per share, both recorded with code P and identified as held indirectly by TriplePoint Capital LLC. The filing also reports 250 shares held in children’s custodian trust accounts and references 234,001.703 shares associated with the dividend reinvestment plan. The reporting person disclaims beneficial ownership except for pecuniary interest in the shares held by TriplePoint Capital LLC.

Positive

• Insider purchases totaling 81,148 shares on 08/26/2025 and 08/27/2025 indicate direct acquisitive activity by the CEO/director
• Purchases recorded at modest prices of $6.4777 and $6.6286, representing recent insider accumulation
• Disclosure of dividend reinvestment plan shares (234,001.703 shares) increases transparency about additional holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO insider purchases of ~81,148 shares at ~$6.48–$6.63 suggest management-directed accumulation of TPVG stock via an affiliated entity.

The transactions are purchases (code P) executed on consecutive days: 27,988 shares at $6.4777 on 08/26/2025 and 53,160 shares at $6.6286 on 08/27/2025, both reported as indirectly held by TriplePoint Capital LLC. These purchases increase the reporter-linked holdings reported on the Form 4 and may modestly raise the insider-related demand signal for TPVG given the aggregate size of 81,148 shares. The filing also notes 250 shares in children’s custodian trusts and additional shares from the dividend reinvestment plan, while the reporter disclaims direct beneficial ownership beyond pecuniary interest in the LLC-held shares.

Corporate Governance Expert

TL;DR: Insider buy activity by the CEO/director, routed through an affiliated LLC, is disclosed with an ownership disclaimer—standard governance detail to note.

The Form 4 identifies James P. Labe as both CEO and director and discloses purchases routed indirectly through TriplePoint Capital LLC, with an explicit disclaimer of beneficial ownership except to the extent of pecuniary interest. Disclosure of custodian trust holdings and dividend reinvestment plan shares is included. From a governance perspective, the filing provides required transparency on related-party/indirect holdings and recent open-market accumulation.

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)
08/26/2025

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	08/26/2025		P		27,988	A	$6.4777	325,645(1)	I	By TriplePoint Capital LLC
Common Stock	08/27/2025		P		53,160	A	$6.6286	378,805(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	08/28/2025
	** 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 trades did James P. Labe report for TPVG?

He reported purchases of 27,988 shares on 08/26/2025 at $6.4777 and 53,160 shares on 08/27/2025 at $6.6286.

How are the purchased TPVG shares held according to the Form 4?

Both purchases are reported as held indirectly by TriplePoint Capital LLC; additionally 250 shares are held in children’s custodian trust accounts.

Does the reporting person claim direct beneficial ownership of the LLC-held shares?

No. The report disclaims beneficial ownership of those securities except to the extent of his pecuniary interest.

Are there shares from a dividend reinvestment plan disclosed?

Yes. The filing states 234,001.703 shares include shares received pursuant to TPVG's dividend reinvestment plan.

What is the reporting person's role at TPVG?

James P. Labe is reported as Chief Executive Officer and a Director of TriplePoint Venture Growth BDC Corp.