Venture Global counsel sells 2.35M shares at $15
Venture Global’s General Counsel exercised options and sold 2.35 million Class A shares in pre-planned transactions.
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) reports that its General Counsel and Secretary, Larson Keith D, exercised and sold stock options in an exercise-and-sell sequence under a Rule 10b5-1 trading plan. On September 8 and 9, 2026, he exercised options for a total of 2,350,000 shares of Class A Common Stock at an exercise price of $0.79 per share, then sold the same aggregate number of shares in open-market transactions at weighted average prices of $15.0472 and $15.2149 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: 2,350,000 shares ($33.82M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Larson Keith D
Role
General Counsel and Secretary
Sold
2,350,000 shs ($35.68M)
Approx. gross sale proceeds
$35.68M
Approx. exercise cost
$1.86M
Approx. pre-tax spread
$33.82M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F3 | 1,885,804 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,885,804 | $0.79 | $1.49M |
| Sale | Class A Common Stock F2 | 1,885,804 | $15.2149 | $28.69M |
| Exercise | Stock Options F3 | 464,196 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 464,196 | $0.79 | $367K |
| Sale | Class A Common Stock F1 | 464,196 | $15.0472 | $6.98M |
Holdings After Transaction:
Stock Options — 239,287 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 $15.00 to $15.10 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 $15.00 to $15.45 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
Shares sold: 2,350,000 shares
Shares sold on September 8, 2026: 464,196 shares
Weighted average sale price September 8, 2026: $15.0472 per share
+5 more
8 metrics
Shares sold
2,350,000 shares
Total Class A Common Stock sold on September 8–9, 2026
Shares sold on September 8, 2026
464,196 shares
Open-market sale of Class A Common Stock at weighted average price
Weighted average sale price September 8, 2026
$15.0472 per share
Multiple transactions between $15.00 and $15.10
Shares sold on September 9, 2026
1,885,804 shares
Open-market sale of Class A Common Stock at weighted average price
Weighted average sale price September 9, 2026
$15.2149 per share
Multiple transactions between $15.00 and $15.45
Option exercise price
$0.79 per share
Exercise price for stock options converted into Class A Common Stock
Total options exercised
2,350,000 options
Stock options exercised on September 8–9, 2026 into Class A Common Stock
Option expiration date
July 1, 2027
Expiration date for the exercised stock options
Key Terms
Rule 10b5-1 trading plan, weighted average price, stock option, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"transactions in this Form 4 were conducted 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. These shares were sold"
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.
Class A Common Stock financial
"underlying security title is Class A Common Stock for the exercised options"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Venture Global (VG) insider Larson Keith D report in this Form 4?
Larson Keith D, General Counsel and Secretary, reported exercising stock options for 2,350,000 shares of Venture Global Class A Common Stock and selling the same number of shares in open-market transactions on September 8 and 9, 2026.
What was the stock option exercise price reported for Venture Global (VG)?
The stock options exercised by Larson Keith D had an exercise price of $0.79 per share, and they were reported as fully vested and exercisable at the time of exercise.
Were the Venture Global (VG) insider transactions under a Rule 10b5-1 trading plan?
Yes. The filing indicates that the transactions were conducted under a Rule 10b5-1 trading plan, meaning the trades were pre-arranged according to a preset plan rather than timed discretionarily.
What transaction types did the Venture Global (VG) Form 4 include?
The Form 4 includes two stock option exercises (derivative exercises) converting options into Class A Common Stock, and two open-market sales of the resulting shares, all reported as direct ownership transactions.
What do the weighted average prices mean in the Venture Global (VG) Form 4?
The reported prices of $15.0472 and $15.2149 per share are weighted average prices for multiple trades in price ranges of $15.00–$15.10 and $15.00–$15.45, respectively, as disclosed in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
