Venture Global grants options to director Roderick
Venture Global, Inc. director Christie Roderick received a grant of stock options covering 34,722 shares of Class A Common Stock.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Venture Global, Inc. director Christie Roderick received a grant of stock options covering 34,722 shares of Class A Common Stock. The options have an exercise price of $12.37 per share and expire on May 28, 2036. All 34,722 options are reported as directly owned following this award. The grant vests in four equal annual installments on each of the first four anniversaries of the grant date, conditioned on her continued service.
Insider Trade Summary
Grant/Award: 34,722 shares
Grant/Award
1 txn
Insider
Christie Roderick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 34,722 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options — 34,722 contracts (Direct)
Footnotes (1)
- F1. This stock option shall vest in equal annual installments on each of the first 4 anniversaries of the grant date, subject to the reporting persons continuous service through each applicable vesting date.
Key Figures
Options granted: 34,722 options
Exercise price: $12.37 per share
Expiration date: May 28, 2036
+3 more
6 metrics
Options granted
34,722 options
Stock options for Class A Common Stock granted to director
Exercise price
$12.37 per share
Strike price for the granted stock options
Expiration date
May 28, 2036
Option term end for the granted stock options
Shares underlying options
34,722 shares
Class A Common Stock underlying the stock options
Post-transaction derivative holdings
34,722 options
Total stock options directly owned after the award
Vesting schedule
4 equal annual installments
Vests over first four anniversaries of grant date
Key Terms
Stock Options, Class A Common Stock, exercise price, vesting
4 terms
Stock Options financial
"This stock option shall vest in equal annual installments"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Class A Common Stock financial
"underlying_security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"conversion_or_exercise_price": "12.3700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"shall vest in equal annual installments on each of the first 4 anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Christie Roderick report in this Form 4 for Venture Global (VG)?
Christie Roderick reported receiving a grant of stock options for 34,722 shares of Venture Global Class A Common Stock. These options were awarded at a $12.37 exercise price and represent compensation rather than an open-market stock purchase or sale.
How many Venture Global (VG) stock options were granted to Christie Roderick?
Christie Roderick was granted 34,722 stock options linked to Venture Global Class A Common Stock. All 34,722 options are shown as directly owned after the transaction, reflecting a new equity-based compensation award to the director rather than a change in existing holdings.
What is the exercise price and expiration date of Christie Roderick’s VG options?
The granted stock options have a $12.37 per share exercise price and expire on May 28, 2036. This means she can choose to exercise the options at $12.37 any time before that expiration date, subject to the vesting schedule and other plan terms.
How do Christie Roderick’s Venture Global options vest over time?
The options vest in four equal annual installments on the first four anniversaries of the grant date. Vesting is conditioned on her continuous service through each vesting date, so she earns 25% of the grant each year she remains in service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
