CEO James Labe entity boosts TPVG (TPVG) stake with open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TriplePoint Venture Growth BDC Corp. insider activity: An entity associated with Chief Executive Officer and director James Labe, TriplePoint Capital LLC, bought 42,003 shares of TPVG common stock at $6.438 on 08/22/2025 and 80,000 shares at $6.4781 on 08/25/2025 in open-market purchases.
After these transactions, 297,657 shares were beneficially owned indirectly through TriplePoint Capital LLC, 250 shares were held indirectly in children’s custodian trust accounts, and 234,001.703 shares were held directly. Labe disclaims beneficial ownership of certain reported securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 122,003 shares ($788,663)
Net Buy
4 txns
Insider
Labe James
Role
Chief Executive Officer
Bought
122,003 shs ($789K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 80,000 | $6.4781 | $518K |
| Purchase | Common Stock | 42,003 | $6.438 | $270K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 297,657 shares (Indirect, By TriplePoint Capital LLC);
Common Stock — 234,001.703 shares (Direct)
Footnotes (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. Includes shares of common stock received pursuant to TPVG's dividend reinvestment plan.
FAQ
What insider transactions were reported for TPVG on this Form 4?
The filing reports two open-market purchases of TriplePoint Venture Growth BDC Corp. common stock by TriplePoint Capital LLC, an entity associated with CEO James Labe, totaling 122,003 shares. These occurred on August 22 and August 25, 2025, at prices slightly above six dollars per share.
What is James Labe’s role at TriplePoint Venture Growth BDC Corp. (TPVG)?
James Labe is reported as both a director and the Chief Executive Officer of TriplePoint Venture Growth BDC Corp. This dual role means he participates in board-level oversight while also managing the company’s day-to-day executive operations, as reflected in the officer title shown in the Form 4.