STOCK TITAN

Venture Global (VG) legal chief exercises 1.11M options, sells matching shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Venture Global, Inc. General Counsel and Secretary Keith D. Larson reported a two-day exercise-and-sell transaction in Class A Common Stock. On June 15 and 16, he exercised a total of 1,111,111 stock options at an exercise price of $0.7900 per share to acquire the same number of shares.

He then sold 555,556 shares at a weighted average price of $11.9042 on June 15 and 555,555 shares at a weighted average price of $11.2711 on June 16 in open-market transactions, leaving him with no directly held Class A shares after the sales. Following these exercises, he continues to hold stock options covering 4,255,953 shares of Class A Common Stock that remain outstanding and exercisable.

Positive

  • None.

Negative

  • None.
Insider Larson Keith D
Role General Counsel and Secretary
Sold 1,111,111 shs ($12.88M)
Type Security Shares Price Value
Exercise Stock Options 555,555 $0.00 --
Exercise Class A Common Stock 555,555 $0.79 $439K
Sale Class A Common Stock 555,555 $11.2711 $6.26M
Exercise Stock Options 555,556 $0.00 --
Exercise Class A Common Stock 555,556 $0.79 $439K
Sale Class A Common Stock 555,556 $11.9042 $6.61M
Holdings After Transaction: Stock Options — 4,255,953 shares (Direct, null); Class A Common Stock — 555,555 shares (Direct, null)
Footnotes (1)
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.66 to $12.27 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.89 to $11.69 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. This stock option is fully vested and exercisable.
Shares sold June 15 555,556 shares Class A Common Stock sold at $11.9042 weighted average
Shares sold June 16 555,555 shares Class A Common Stock sold at $11.2711 weighted average
Total shares sold 1,111,111 shares Open-market sales over two days
Options exercised 1,111,111 options Stock options exercised into Class A shares
Exercise price $0.7900 per share Stock option exercise price for underlying Class A shares
Options remaining 4,255,953 options Stock options outstanding after transactions
Option expiration July 1, 2027 Expiration date of the referenced stock option grant
open-market sale financial
"transaction_action: "open-market sale" for Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for stock options"
Stock Options financial
"security_title: "Stock Options" with underlying Class A Common Stock"
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.
weighted average price financial
"footnotes state "The price reported is a weighted average price.""
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
fully vested and exercisable financial
"footnote notes "This stock option is fully vested and exercisable.""
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Larson Keith D

(Last)(First)(Middle)
C/O VENTURE GLOBAL, INC.
1001 19TH STREET NORTH, SUITE 1500

(Street)
ARLINGTON VIRGINIA 22209

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Venture Global, Inc. [ VG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/15/2026M555,556A$0.79555,556D
Class A Common Stock06/15/2026S555,556D$11.9042(1)0.00D
Class A Common Stock06/16/2026M555,555A$0.79555,555D
Class A Common Stock06/16/2026S555,555D$11.2711(2)0.00D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$0.7906/15/2026M555,556 (3)07/01/2027Class A Common Stock555,556$0.004,811,508D
Stock Options$0.7906/16/2026M555,555 (3)07/01/2027Class A Common Stock555,555$0.004,255,953D
Explanation of Responses:
1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.66 to $12.27 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.89 to $11.69 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
3. This stock option is fully vested and exercisable.
Remarks:
/s/ Keith Larson06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did VG General Counsel Keith D. Larson report?

Keith D. Larson reported exercising 1,111,111 stock options at $0.7900 per share and selling 1,111,111 Class A Common shares in open-market transactions over two days. After these trades, he held no Class A shares directly, but retained substantial stock options.

How many Venture Global (VG) shares did Keith D. Larson sell?

He sold a total of 1,111,111 Class A Common shares in the open market. The sales occurred in two blocks of 555,556 and 555,555 shares on consecutive days, at weighted average prices above $11 per share, according to the filing.

At what prices were the VG shares sold by Keith D. Larson?

He sold 555,556 shares at a weighted average price of $11.9042 and 555,555 shares at a weighted average price of $11.2711. Footnotes state each sale consisted of multiple trades within disclosed price ranges around those averages.

What was the exercise price of Keith D. Larson’s Venture Global stock options?

The stock options were exercised at an exercise price of $0.7900 per share. He exercised options for 555,556 shares on one day and 555,555 shares the next, converting them into Class A Common Stock before selling the acquired shares.

Does Keith D. Larson still hold Venture Global stock options after these transactions?

Yes. After exercising 1,111,111 options, he still holds stock options covering 4,255,953 underlying shares of Class A Common Stock. The filing notes that the referenced stock option is fully vested and exercisable and carries an expiration date in 2027.

What role does Keith D. Larson hold at Venture Global (VG)?

Keith D. Larson serves as General Counsel and Secretary at Venture Global, Inc. His Form 4 filing reflects personal transactions in the company’s Class A Common Stock and related stock options, including exercises and open-market sales over two consecutive trading days.