Venu Holding (VENU) Director Acquires 25,000 Shares in Registered Offering

Rhea-AI Filing Summary

Thomas M. Finke, a director of Venu Holding Corp (VENU), reported acquiring 25,000 shares of the issuer's common stock on 08/28/2025 at a price of $12.00 per share. The filing states these shares were purchased in the companys public offering conducted under a Form S-1 registration statement (File No. 333-289800) that closed on that date. Following the transaction, Mr. Finke beneficially owns 25,000 shares, held directly. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Finke on 09/02/2025.

Positive

• Director participation in the companys public offering by acquiring 25,000 shares at $12 demonstrates insider alignment with the offering.
• Acquisition executed through a registered public offering (Form S-1), providing transparency and standard regulatory oversight.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A director purchased shares in the issuers public offering, signaling insider participation without clear materiality to valuation.

The director-level purchase of 25,000 shares at $12 in the companys S-1 offering demonstrates direct insider participation in the offering vehicle. This is a routine disclosure under Section 16 and provides transparency about beneficial ownership changes. The filing shows the shares are held directly by the reporting person and were acquired in a registered public offering, which reduces execution risk compared with private placements. The transaction does not disclose any change in control or derivative instruments.

Securities Analyst

TL;DR: Insider purchase is a modest, verifiable ownership increase but lacks context on stake size versus outstanding shares.

The Form 4 confirms an acquisition of 25,000 common shares at $12.00 each via the issuers registered offering. As reported, the shares are beneficially owned directly post-transaction. While insider buys can be interpreted positively, this filing provides no information on total outstanding share count or percentage ownership impact, so materiality for valuation cannot be assessed from this document alone.

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
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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^*

Finke Thomas M

(Last) (First) (Middle)

C/O VENU HOLDING CORPORATION

1755 TELSTAR DRIVE, SUITE 501

(Street)

COLORADO SPRINGS CO 80920

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Venu Holding Corp [ VENU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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	08/28/2025		J(1)		25,000	A	$12	25,000	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. Shares acquired by the reporting person in a public offering conducted by the Issuer pursuant to a Registration Statement on Form S-1 (File No. 333-289800) that closed on August 28, 2025.

	/s/ Heather Atkinson, as attorney in fact for Thomas Finke	09/02/2025
	** 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 did Thomas M. Finke report on the Form 4 for VENU?

The Form 4 reports that Director Thomas M. Finke acquired 25,000 common shares of Venu Holding Corp on 08/28/2025 at $12.00 per share in the companys registered public offering.

How many VENU shares does the reporting person own after the transaction?

Following the reported transaction, the filing shows the reporting person beneficially owns 25,000 shares, held directly.

How was the transaction executed according to the Form 4?

The shares were acquired in a public offering conducted by the issuer pursuant to a Form S-1 (File No. 333-289800) that closed on 08/28/2025.

When was the Form 4 signed and filed?

The Form 4 was signed by an attorney-in-fact on behalf of Thomas Finke on 09/02/2025 as shown on the filing.