Venture Global (VG) COO awarded 500,000 stock options as compensation

Rhea-AI Filing Summary

Venture Global, Inc. reported that Chief Operating Officer Brian Cothran received a grant of stock options covering 500,000 shares of Class A common stock. The options have an exercise price of $12.97 per share, were granted at no upfront cost, and expire on March 18, 2036. According to the terms, the award vests in equal quarterly installments over 16 quarters, contingent on his continued service, and represents compensation rather than an open-market purchase or sale.

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

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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^*

Cothran Brian

(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)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

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	$12.97	03/18/2026		A		500,000		(1)	03/18/2036	Class A Common Stock	500,000	$0.00	500,000	D
Stock Options	$1.16(2)							(3)	09/15/2030	Class A Common Stock	(2)		22,601,658(2)	D
Stock Options	$3.39(4)							(1)	05/12/2032	Class A Common Stock	(4)		4,520,331(4)	D

Explanation of Responses:

1. This stock option shall vest in equal quarterly installments on each of the first 16 quarterly anniversaries of the grant date, subject to the reporting person's continuous service through each applicable vesting date.

2. This stock option was previously reported as covering 5,000 shares of Class A Common Stock at an exercise price of $5,200 per share but was adjusted to reflect the stock split that occurred immediately prior to the consummation of the Issuer's initial public offering (the "Stock Split").

3. This stock option is fully vested and exercisable.

4. This stock option was previously reported as covering 1,000 shares of Class A Common Stock at an exercise price of $15,300 per share but was adjusted to reflect the Stock Split.

Remarks:

	/s /Keith Larson, Attorney-in-Fact for Cothran Brian	03/18/2026
	** 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)

FAQ

What did Venture Global (VG) disclose about Brian Cothran in this Form 4?

Venture Global disclosed a new stock option grant to COO Brian Cothran. He was awarded options on 500,000 shares of Class A common stock, providing future purchase rights as part of his compensation rather than an immediate stock market transaction.

How large is Brian Cothran’s stock option grant at Venture Global (VG)?

Brian Cothran received options on 500,000 shares. These options give him the right to buy up to 500,000 shares of Venture Global’s Class A common stock at a fixed exercise price if vesting and other conditions are met.

What is the exercise price and term of Brian Cothran’s Venture Global (VG) options?

The options carry a $12.97 per share exercise price and expire March 18, 2036. This means Cothran can choose to buy shares at $12.97 any time after vesting and before the expiration date, subject to the award’s terms.

How do Brian Cothran’s Venture Global (VG) options vest over time?

The stock options vest in 16 equal quarterly installments. Vesting occurs on each of the first 16 quarterly anniversaries of the grant date, but only if Cothran continues to provide service to Venture Global through each applicable vesting date.

Is Brian Cothran’s Venture Global (VG) Form 4 transaction an open-market buy or sell?

No, the Form 4 reflects a compensation grant, not an open-market trade. The transaction is coded as an acquisition of derivative securities (stock options) awarded at no upfront cost, rather than a purchase or sale of common shares on the market.

What role does Brian Cothran hold at Venture Global (VG) related to this option grant?

Brian Cothran serves as Venture Global’s Chief Operating Officer. The reported transaction documents a stock option award tied to his executive role, aligning part of his compensation with the future performance of the company’s Class A common stock.