Venture Global GC sells 790K shares after exercise

Venture Global, Inc. (VG) reports that General Counsel and Secretary Larson Keith D exercised stock options and sold the resulting Class A Common Stock in mid-September 2026 under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

Venture Global, Inc. (VG) reports that General Counsel and Secretary Larson Keith D exercised stock options and sold the resulting Class A Common Stock in mid-September 2026 under a Rule 10b5-1 trading plan. On September 16 and 17, he exercised options for a total of 789,958 shares at exercise prices of $0.79 and $0.84 per share and sold 394,979 shares on each day at weighted average prices of $14.8175 and $14.3958 per share, respectively. The reported stock options were fully vested and exercisable at the time of exercise.

Insider Trade Summary 10b5-1

Exercise and Sale: 789,958 shares ($10.89M approx. pre-tax spread)

Exercise and Sale 8 txns

Insider Larson Keith D

Role General Counsel and Secretary

Sold 789,958 shs ($11.54M)

Approx. gross sale proceeds $11.54M

Approx. exercise cost $652K

Approx. pre-tax spread $10.89M

Type	Security	Shares	Price	Value
Exercise	Stock Options F3	394,979	$0.00	$0.00
Exercise	Class A Common Stock	394,979	$0.84	$332K
Sale	Class A Common Stock F2	394,979	$14.3958	$5.69M
Exercise	Stock Options F3	239,287	$0.00	$0.00
Exercise	Stock Options F3	155,692	$0.00	$0.00
Exercise	Class A Common Stock	155,692	$0.84	$131K
Exercise	Class A Common Stock	239,287	$0.79	$189K
Sale	Class A Common Stock F1	394,979	$14.8175	$5.85M

Holdings After Transaction: Stock Options — 3,969,660 contracts (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 $14.55 to $15.23 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 $14.19 to $14.58 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.

Key Figures

Shares sold (total): 789,958 shares Shares sold September 16, 2026: 394,979 shares Shares sold September 17, 2026: 394,979 shares +3 more

6 metrics

Shares sold (total) 789,958 shares Class A Common Stock sold on September 16–17, 2026

Shares sold September 16, 2026 394,979 shares Class A Common Stock sold at weighted average price $14.8175 per share

Shares sold September 17, 2026 394,979 shares Class A Common Stock sold at weighted average price $14.3958 per share

Option exercise prices $0.79 and $0.84 per share Exercise prices for stock options converted into Class A Common Stock

Shares underlying exercised options 789,958 shares Total Class A Common Stock acquired through option exercises on September 16–17, 2026

Rule 10b5-1 status Affirmed Form 4 indicates trades made under a Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, weighted average price, stock option, fully vested and exercisable

4 terms

Rule 10b5-1 trading plan regulatory

"transactions were made under a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

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.

fully vested and exercisable financial

"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 VG’s General Counsel report on this Form 4?

Larson Keith D reported exercising 789,958 stock options for Class A Common Stock on September 16–17, 2026 and selling 394,979 shares on each of those dates at weighted average prices disclosed in the filing.

At what prices were the VG stock options exercised in this Form 4?

The options were exercised for Class A Common Stock at $0.79 and $0.84 per share. The filing states that these stock options were fully vested and exercisable at the time of exercise.

How many VG shares did the insider sell and at what prices?

Larson Keith D sold 394,979 shares of Class A Common Stock on September 16, 2026 at a weighted average price of $14.8175 per share and another 394,979 shares on September 17, 2026 at a weighted average price of $14.3958 per share.

Were the VG insider transactions made under a Rule 10b5-1 plan?

Yes. The Form 4 indicates that the reported transactions for Venture Global, Inc. were made under a Rule 10b5-1 trading plan, which is a pre-arranged plan for trading company securities.

What type of securities did the VG insider exercise in this filing?

Larson Keith D exercised stock options that were fully vested and exercisable, converting them into Class A Common Stock. The options had exercise prices of $0.79 and $0.84 per share and expiration dates in 2027 and 2028.

Does the Form 4 state the insider’s VG share holdings after these transactions?

No. The Form 4 records the exercises and sales, but the fields for shares of Class A Common Stock held after the transactions are not populated in the provided data.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/17/2026 - 04:42 PM Accepted by SEC EDGAR 09/17/2026 - 04:41 PM Learn about SEC filing dates

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).

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/16/2026		M		155,692	A	$0.84	155,692	D
Class A Common Stock	09/16/2026		M		239,287	A	$0.79	394,979	D
Class A Common Stock	09/16/2026		S		394,979	D	$14.8175(1)	0.00	D
Class A Common Stock	09/17/2026		M		394,979	A	$0.84	394,979	D
Class A Common Stock	09/17/2026		S		394,979	D	$14.3958(2)	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	09/16/2026		M			239,287	(3)	07/01/2027	Class A Common Stock	239,287	$0.00	0.00	D
Stock Options	$0.84	09/16/2026		M			155,692	(3)	01/24/2028	Class A Common Stock	155,692	$0.00	4,364,639	D
Stock Options	$0.84	09/17/2026		M			394,979	(3)	01/24/2028	Class A Common Stock	394,979	$0.00	3,969,660	D

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.55 to $15.23 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 $14.19 to $14.58 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	09/17/2026
	** 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).
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)