Venture Global (VG) SVP exercises options and sells 119,300 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Venture Global, Inc. senior vice president and chief accounting officer Sarah Blake reported an option exercise and same-day share sale. She exercised stock options for 119,300 shares of Class A common stock at an exercise price of $1.55 per share, then sold all 119,300 shares in open-market transactions at a weighted average price of $13.0079 per share, with individual sale prices ranging from $13.00 to $13.06. Following the sale, her directly held Class A common stock position from this transaction was reduced to zero shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 119,300 shares ($1,551,842)
Net Sell
3 txns
Insider
Blake Sarah
Role
SVP, Chief Accounting Officer
Sold
119,300 shs ($1.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 119,300 | $0.00 | -- |
| Exercise | Class A Common Stock | 119,300 | $1.55 | $185K |
| Sale | Class A Common Stock | 119,300 | $13.0079 | $1.55M |
Holdings After Transaction:
Stock Options — 8,590,663 shares (Direct);
Class A Common Stock — 119,300 shares (Direct)
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.06 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.
FAQ
What insider transaction did VG executive Sarah Blake report on this Form 4?
Sarah Blake reported exercising stock options and selling the resulting shares. She acquired 119,300 shares of Venture Global (VG) Class A common stock through option exercise, then sold all 119,300 shares in open-market transactions on the same date.
What was the stock option exercise price in the VG Form 4 transaction?
The exercised stock options had an exercise price of $1.55 per share. Sarah Blake used these fully vested, exercisable options to acquire 119,300 VG Class A common shares before selling the same number of shares in the market.
What role does Sarah Blake hold at Venture Global (VG) in this Form 4?
Sarah Blake is identified as an officer of Venture Global (VG), serving as senior vice president and chief accounting officer. The Form 4 records her personal option exercise and subsequent sale of VG Class A common stock on the reported date.