Venture Global SVP exercises, sells 1M shares

Venture Global, Inc. executive Musser Fory, Senior VP of Development, reported a set of related transactions in company equity.

Accepted by SEC EDGAR 03/04/2026 - 04:38 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Venture Global, Inc. executive Musser Fory, Senior VP of Development, reported a set of related transactions in company equity. Fory exercised a fully vested stock option to acquire 1,000,000 shares of Class A Common Stock at a price of $0.79 per share, converting derivative securities into common stock. Immediately afterward, Fory sold 1,000,000 shares of Class A Common Stock in an open-market transaction at an average price of $10.9032 per share, leaving no Class A Common Stock directly owned and 1,520,331 stock options held directly following the transactions.

Insider Trade Summary

Exercise and Sale: 1,000,000 shares ($10.11M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Musser Fory

Role Senior VP, Development

Sold 1,000,000 shs ($10.90M)

Approx. gross sale proceeds $10.90M

Approx. exercise cost $790K

Approx. pre-tax spread $10.11M

Type	Security	Shares	Price	Value
Exercise	Stock Options	1,000,000	$0.00	$0.00
Exercise	Class A Common Stock	1,000,000	$0.79	$790K
Sale	Class A Common Stock	1,000,000	$10.9032	$10.90M

Holdings After Transaction: Stock Options — 1,520,331 contracts (Direct); Class A Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. This stock option is fully vested and exercisable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Venture Global (VG) report for Musser Fory?

Musser Fory, Senior VP of Development at Venture Global, exercised options for 1,000,000 shares of Class A Common Stock, then sold 1,000,000 shares in an open-market transaction. The filing shows these equity movements occurred on the same date.

How many Venture Global (VG) shares did Musser Fory sell in this Form 4?

Musser Fory sold 1,000,000 shares of Venture Global Class A Common Stock. The sale was reported as an open-market or private transaction, with an average sale price of $10.9032 per share on the reported date.

At what price did Musser Fory exercise options and sell Venture Global (VG) shares?

Fory exercised stock options into Class A Common Stock at $0.79 per share, then sold 1,000,000 shares at an average price of $10.9032 per share. The option was described as fully vested and exercisable in the filing.

What is Musser Fory’s remaining ownership in Venture Global (VG) after these transactions?

After the reported transactions, Musser Fory directly held 1,520,331 stock options and no shares of Class A Common Stock. The Form 4 lists total shares following the stock sale as zero for common stock and 1,520,331 for options.

What role does Musser Fory hold at Venture Global (VG) in this insider filing?

In the insider report, Musser Fory is identified as an officer of Venture Global, serving as Senior Vice President, Development. The Form 4 reflects transactions in company equity made in this capacity as a reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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
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).

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^*

Musser Fory

(Last) (First) (Middle)

C/O VENTURE GLOBAL, INC.

1001 19TH STREET NORTH, SUITE 1500

(Street)

ARLINGTON VA 22209

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Venture Global, Inc. [ VG ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP, Development

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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
Class A Common Stock	03/04/2026		M		1,000,000	A	$0.79	1,000,000	D
Class A Common Stock	03/04/2026		S		1,000,000	D	$10.9032	0.00	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
Stock Options	$0.79	03/04/2026		M			1,000,000	(1)	06/26/2027	Class A Common Stock	1,000,000	$0.00	1,520,331	D

Explanation of Responses:

1. This stock option is fully vested and exercisable.

Remarks:

	/s /Keith Larson, Attorney-in-Fact for Musser Fory	03/04/2026
	** 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).
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