Venture Global CFO sells 222K shares after exercise
Venture Global, Inc. (VG) reported that its Chief Financial Officer, Jonathan W. Thayer, exercised stock options for a total of 222,222 shares of Class A Common Stock at an exercise price of $1.16 per share on August 18 and 19, 2026.
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. (VG) reported that its Chief Financial Officer, Jonathan W. Thayer, exercised stock options for a total of 222,222 shares of Class A Common Stock at an exercise price of $1.16 per share on August 18 and 19, 2026. On each of those dates he then sold 111,111 shares, for total sales of 222,222 shares, at weighted average prices of $14.1675 and $13.8557 per share, respectively, in multiple transactions within disclosed price ranges. The options exercised were reported as fully vested and exercisable, and the filing affirms that these transactions were made pursuant to a Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
Exercise and Sale: 222,222 shares ($2.86M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Thayer Jonathan W
Role
Chief Financial Officer
Sold
222,222 shs ($3.11M)
Approx. gross sale proceeds
$3.11M
Approx. exercise cost
$258K
Approx. pre-tax spread
$2.86M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F3 | 111,111 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 111,111 | $1.16 | $129K |
| Sale | Class A Common Stock F2 | 111,111 | $13.8557 | $1.54M |
| Exercise | Stock Options F3 | 111,111 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 111,111 | $1.16 | $129K |
| Sale | Class A Common Stock F1 | 111,111 | $14.1675 | $1.57M |
Holdings After Transaction:
Stock Options — 18,268,324 contracts (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (3)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.94 to $14.40 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.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.71 to $14.08 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.
- F3. This stock option is fully vested and exercisable.
Key Figures
Options exercised (Aug 18, 2026): 111,111 shares
Options exercised (Aug 19, 2026): 111,111 shares
Option exercise price: $1.16 per share
+5 more
8 metrics
Options exercised (Aug 18, 2026)
111,111 shares
Stock options exercised into Class A Common Stock on August 18, 2026
Options exercised (Aug 19, 2026)
111,111 shares
Stock options exercised into Class A Common Stock on August 19, 2026
Option exercise price
$1.16 per share
Exercise price for stock options converting into Class A Common Stock
Shares sold (Aug 18, 2026)
111,111 shares
Class A Common Stock sold in market transactions on August 18, 2026
Weighted average sale price (Aug 18, 2026)
$14.1675 per share
Weighted average price for sales within $13.94–$14.40 range
Shares sold (Aug 19, 2026)
111,111 shares
Class A Common Stock sold in market transactions on August 19, 2026
Weighted average sale price (Aug 19, 2026)
$13.8557 per share
Weighted average price for sales within $13.71–$14.08 range
Total shares sold
222,222 shares
Aggregate Class A Common Stock sold across both reported sale transactions
Key Terms
Rule 10b5-1, weighted average price, derivative security, stock option
4 terms
Rule 10b5-1 regulatory
"the filing affirms that these transactions were made pursuant to a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple"
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.
derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
stock option financial
"This stock option is fully vested and exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VG’s CFO report on this Form 4?
VG’s CFO Jonathan W. Thayer reported exercising options for 222,222 shares of Class A Common Stock at $1.16 per share and selling 222,222 shares over August 18–19, 2026, in multiple market transactions at weighted average prices above the exercise price.
What stock options did the VG CFO exercise in these transactions?
He exercised fully vested stock options for an aggregate of 222,222 shares of VG Class A Common Stock at an exercise price of $1.16 per share. The options had an expiration date of June 17, 2030, and each exercise converted 111,111 options into the same number of shares on consecutive days.
Were the VG CFO’s trades made under a Rule 10b5-1 trading plan?
Yes. The Form 4 affirms that the reported transactions were made pursuant to a Rule 10b5-1 plan. Such plans pre-establish trading parameters, so the timing of the option exercises and share sales reflects the plan’s terms rather than ad hoc trading decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates