STOCK TITAN

Venture Global (NYSE: VG) SVP sells 272K shares at $14–$14.30

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Venture Global, Inc. (VG) reported that insider Musser Fory, Senior VP, Development, exercised fully vested stock options and immediately sold the resulting shares. On August 19–20, 2026, options for a total of 272,013 shares of Class A Common Stock were exercised at an exercise price of $0.79 per share. The same 272,013 shares were then sold in open-market transactions at weighted average prices of $14.0093 and $14.2575 per share, with actual sale prices ranging from $14.01–$14.03 and $14.15–$14.30 per share, respectively.

Positive

  • None.

Negative

  • None.
Insider Musser Fory
Role Senior VP, Development
Sold 272,013 shs ($3.88M)
Approx. gross sale proceeds $3.88M
Approx. exercise cost $215K
Approx. pre-tax spread $3.66M
Type Security Shares Price Value
Exercise Stock Options F3 259,413 $0.00 $0.00
Exercise Class A Common Stock 259,413 $0.79 $205K
Sale Class A Common Stock F2 259,413 $14.2575 $3.70M
Exercise Stock Options F3 12,600 $0.00 $0.00
Exercise Class A Common Stock 12,600 $0.79 $10K
Sale Class A Common Stock F1 12,600 $14.0093 $177K
Holdings After Transaction: Stock Options — 278,771 shares (Direct); Class A Common Stock — 0 shares (Direct)
Footnotes (3)
  1. F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.03 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. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.15 to $14.30 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. F3. This stock option is fully vested and exercisable.
Options exercised shares 272,013 shares Total stock options exercised into Class A Common Stock on August 19–20, 2026
Option exercise price $0.79 per share Exercise price of stock options converted into Class A Common Stock
Shares sold August 19, 2026 12,600 shares at $14.0093 per share Weighted average sale price for August 19, 2026 transactions
Price range August 19, 2026 sales $14.01–$14.03 per share Range of prices for multiple transactions on August 19, 2026
Shares sold August 20, 2026 259,413 shares at $14.2575 per share Weighted average sale price for August 20, 2026 transactions
Price range August 20, 2026 sales $14.15–$14.30 per share Range of prices for multiple transactions on August 20, 2026
Net shares sold 272,013 shares Net sell shares from transaction summary (net-sell direction)
weighted average price financial
"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.
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"

FAQ

What insider transaction did VG report for Musser Fory on this Form 4?

The report shows that Musser Fory exercised stock options for 272,013 shares of Venture Global, Inc. Class A Common Stock at an exercise price of $0.79 per share, then sold all 272,013 shares in open-market transactions on August 19–20, 2026.

At what prices were Musser Fory’s VG shares sold?

Shares were sold at weighted average prices of $14.0093 and $14.2575 per share. The August 19 sales occurred between $14.01 and $14.03 per share, and the August 20 sales occurred between $14.15 and $14.30 per share.

How many VG shares did Musser Fory sell in total?

Musser Fory sold a total of 272,013 shares of Venture Global, Inc. Class A Common Stock. This includes 12,600 shares sold on August 19, 2026, and 259,413 shares sold on August 20, 2026, matching the shares acquired through option exercises.

What was the exercise price of the VG stock options involved?

The stock options exercised by Musser Fory had an exercise price of $0.79 per share. The filing notes that these stock options were fully vested and exercisable at the time of the transactions.

Were Musser Fory’s VG transactions under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.

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

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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).
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 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)
Senior VP, Development
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
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 Stock08/19/2026M12,600A$0.7912,600D
Class A Common Stock08/19/2026S12,600D$14.0093(1)0.00D
Class A Common Stock08/20/2026M259,413A$0.79259,413D
Class A Common Stock08/20/2026S259,413D$14.2575(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$0.7908/19/2026M12,600 (3)06/26/2027Class A Common Stock12,600$0.00538,184D
Stock Options$0.7908/20/2026M259,413 (3)06/26/2027Class A Common Stock259,413$0.00278,771D
Explanation of Responses:
1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.01 to $14.03 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 $14.15 to $14.30 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 Larson, Attorney-in-Fact for Musser Fory08/20/2026
** 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)