Venu CEO buys 62.5K shares and 62.5K warrants
Rhea-AI Filing Summary
Venu Holding Corp director and CEO Jay W. Roth, through the JWR Living Trust, bought 62,500 shares of common stock and 62,500 accompanying common warrants in a registered underwritten public offering that closed on March 10, 2026, at an aggregate purchase price of $4.00 per share plus warrant. The common warrants are immediately exercisable at $5.00 per share and expire on the fifth anniversary of issuance, subject to a 4.99% beneficial-ownership limitation. Following these transactions, Roth reported 9,253,644 common shares held directly and 999,720 common shares held indirectly through the KMR Living Trust, in addition to the new JWR Living Trust holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 125,000 shares
Net Buy
4 txns
Insider
ROTH JAY W
Role
CEO & Chairman
Bought
125,000 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Warrants (right to buy) | 62,500 | $4.00 | $250K |
| Purchase | Common Stock, par value $0.001 | 62,500 | $4.00 | $250K |
| holding | Common Stock, par value $0.001 | -- | -- | -- |
| holding | Common Stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Common Warrants (right to buy) — 62,500 contracts (Indirect, By JWR Living Trust dated November 19, 2012);
Common Stock, par value $0.001 — 62,500 shares (Indirect, By JWR Living Trust dated November 19, 2012);
Common Stock, par value $0.001 — 9,253,644 shares (Direct);
Common Stock, par value $0.001 — 999,720 shares (Indirect, By KMR Living Trust dated November 19, 2012)
Footnotes (5)
- F1. These securities of Venu Holding Corporation (the "Issuer") were purchased in the Issuer's registered underwritten public offering, which closed on March 10, 2026 (the "Offering"). Each share of the Issuer's common stock, par value $0.001 per share ("Common Stock"), sold in the Offering was accompanied by a warrant to purchase one share of Common Stock (collectively, the "Common Warrants").
- F2. Represents the aggregate purchase price for each share of Common Stock and accompanying Common Warrant purchased in the Offering.
- F3. These securities are owned directly by the JWR Living Trust dated November 19, 2012 (the "JWR Living Trust"), of which Mr. Jay W. Roth is a trustee. As a trustee, Mr. Roth is deemed to have indirect beneficial ownership of the securities held by the JWR Living Trust.
- F4. These shares of Common Stock are owned directly by the KMR Living Trust dated November 19, 2012 (the "KMR Living Trust"), of which Mr. Roth is a trustee. As a trustee, Mr. Roth is deemed to have indirect beneficial ownership of the securities held by the KMR Living Trust.
- F5. These Common Warrants are immediately exercisable and will expire on the fifth anniversary of their issuance, subject to the beneficial-ownership limitation set forth in the Common Warrants, which prohibits the holder from exercising the Common Warrants if such exercise would cause the holder, together with its affiliates, to own more than 4.99% of the Issuer's total number of shares of Common Stock then issued and outstanding.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Venu Holding Corp (VENU) insider Jay W. Roth purchase?
Jay W. Roth, via the JWR Living Trust, purchased 62,500 shares of common stock and 62,500 accompanying common warrants in Venu Holding Corp’s registered underwritten public offering that closed on March 10, 2026, at an aggregate price of $4.00 per share plus warrant.
At what prices were the Venu (VENU) securities bought and exercisable?
The JWR Living Trust paid $4.00 as the aggregate purchase price for each Venu common share and its accompanying common warrant. Each common warrant is immediately exercisable at an exercise price of $5.00 per share of common stock, as disclosed in the transaction details.
When do the Venu Holding (VENU) common warrants acquired by Jay W. Roth expire?
The common warrants acquired through the JWR Living Trust are immediately exercisable and expire on the fifth anniversary of their issuance. The filing specifies an expiration date of March 10, 2031, tying the term directly to the closing date of the underwritten public offering.
What is the 4.99% beneficial-ownership limitation on Venu (VENU) warrants?
The common warrants include a beneficial-ownership limitation that prevents the holder, together with its affiliates, from exercising if that exercise would cause them to own more than 4.99% of Venu Holding Corp’s total outstanding common shares at the time of exercise, constraining potential ownership concentration.
Were the Venu (VENU) insider purchases part of a public offering?
Yes. The filing states that the Venu securities were purchased in the issuer’s registered underwritten public offering, which closed on March 10, 2026. Each common share sold in this offering was accompanied by one immediately exercisable common warrant subject to a 4.99% ownership cap.
AI-generated analysis. How Rhea-AI works. Not financial advice.
