COO of Venu (NASDAQ: VENU) gets 100,000 options at $9.48
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Venu Holding Corp’s Chief Operating Officer, Vic Sutter, reported a grant of stock options on Form 4. On January 12, 2026, he received a stock option to buy 100,000 shares of common stock at an exercise price of $9.48 per share, with no cost for the grant itself. The option expires on January 12, 2034 and was approved by the board of directors under an exemption from Section 16(b). It will vest in four equal annual installments beginning on January 12, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sutter Vic
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 100,000 shares (Direct)
Footnotes (1)
- The grant of this stock option to the Reporting Person was approved by the board of directors of Venu Holding Corporation and is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(d)(1) promulgated thereunder. This option will vest in four equal annual installments beginning on January 12, 2027.
FAQ
What insider transaction did Venu (VENU) report for COO Vic Sutter?
Venu reported a stock option grant to COO Vic Sutter. He received options to buy 100,000 shares of common stock at $9.48 per share, approved by the board, with an expiration date of January 12, 2034.
What is the exercise price and term of Vic Sutter’s Venu (VENU) stock option?
The stock option has a $9.48 per share exercise price and expires on January 12, 2034. This means he may purchase up to 100,000 shares at $9.48 any time before that expiration, subject to the vesting schedule.
When do Vic Sutter’s Venu (VENU) stock options begin vesting?
The options begin vesting on January 12, 2027. They will vest in four equal annual installments starting on that date, so his exercisable amount increases each year across the four-year vesting period, assuming continued eligibility.
Was the Venu (VENU) stock option grant to Vic Sutter board-approved?
Yes, the stock option grant was approved by Venu’s board of directors. The filing notes that the grant is exempt from Section 16(b) under Rule 16b-3(d)(1), which typically applies to board-approved equity awards for insiders.
Is Vic Sutter’s ownership in Venu (VENU) direct or indirect after this option grant?
The Form 4 shows Vic Sutter’s beneficial ownership of 100,000 derivative securities as direct. This means the stock option is held in his name rather than through a separate entity, according to the ownership coding in the filing.