Venture Global CFO sells 222K shares after exercise

Venture Global’s CFO exercised fully vested options and sold 222,222 shares over two days under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

Venture Global, Inc. (VG) reported that its Chief Financial Officer, Jonathan W. Thayer, exercised stock options for a total of 222,222 shares of Class A Common Stock at an exercise price of $1.16 per share on September 17 and 18, 2026, then sold the same total number of shares in market transactions at weighted average prices of $14.3958 and $14.2273 per share, respectively. The stock options exercised were fully vested and exercisable, and the transactions were made under a Rule 10b5-1 trading plan.

Insider Trade Summary 10b5-1

Exercise and Sale: 222,222 shares ($2.92M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Thayer Jonathan W

Role Chief Financial Officer

Sold 222,222 shs ($3.18M)

Approx. gross sale proceeds $3.18M

Approx. exercise cost $258K

Approx. pre-tax spread $2.92M

Type	Security	Shares	Price	Value
Exercise	Stock Options F3	111,111	$0.00	$0.00
Exercise	Class A Common Stock	111,111	$1.16	$129K
Sale	Class A Common Stock F2	111,111	$14.2273	$1.58M
Exercise	Stock Options F3	111,111	$0.00	$0.00
Exercise	Class A Common Stock	111,111	$1.16	$129K
Sale	Class A Common Stock F1	111,111	$14.3958	$1.60M

Holdings After Transaction: Stock Options — 18,046,102 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 $14.19 to $14.57 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 $14.04 to $14.50 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 September 17, 2026: 111,111 shares Weighted average sale price September 17, 2026: $14.3958 per share Shares sold September 18, 2026: 111,111 shares +5 more

8 metrics

Shares sold September 17, 2026 111,111 shares Class A Common Stock sold in market transactions by the CFO

Weighted average sale price September 17, 2026 $14.3958 per share Class A Common Stock sold in multiple transactions within a price range

Shares sold September 18, 2026 111,111 shares Class A Common Stock sold in market transactions by the CFO

Weighted average sale price September 18, 2026 $14.2273 per share Class A Common Stock sold in multiple transactions within a price range

Options exercised September 17, 2026 111,111 options Stock options converted into Class A Common Stock

Options exercised September 18, 2026 111,111 options Stock options converted into Class A Common Stock

Option exercise price $1.16 per share Exercise price for the stock options underlying the Class A Common Stock

Total shares involved in exercises 222,222 shares Total underlying Class A Common Stock from options exercised over both days

Key Terms

weighted average price, Class A Common Stock, stock option, Rule 10b5-1 trading plan

4 terms

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.

Class A Common Stock financial

"underlying security title Class A Common Stock for the 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.

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.

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.

FAQ

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

What insider transactions did VG’s CFO report on this Form 4?

The Chief Financial Officer of VG reported exercising stock options for 222,222 shares of Class A Common Stock at $1.16 per share and selling the same 222,222 shares in market transactions on September 17 and 18, 2026.

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

The CFO sold 111,111 shares of VG Class A Common Stock on September 17, 2026 at a weighted average price of $14.3958 per share and 111,111 shares on September 18, 2026 at a weighted average price of $14.2273 per share.

What was the exercise price of the VG stock options used in these transactions?

The stock options exercised by the VG Chief Financial Officer had an exercise price of $1.16 per share. A total of 111,111 options were exercised on September 17, 2026 and 111,111 options were exercised on September 18, 2026.

Were the VG stock options fully vested when exercised by the CFO?

Yes. A related footnote states that the stock option is fully vested and exercisable at the time of the exercises, which occurred on September 17 and 18, 2026 for a total of 222,222 underlying shares of Class A Common Stock.

Were VG CFO’s trades made under a Rule 10b5-1 plan?

Yes. The filing indicates that the transactions reported for the VG Chief Financial Officer were made under a Rule 10b5-1 trading plan, which is a pre-arranged trading program allowing for systematic buying or selling of securities.

Did the CFO’s Form 4 show purchases of VG shares beyond the option exercises?

No. The Form 4 shows acquisitions of VG shares only through the exercise of stock options and corresponding sales of those shares in market transactions, with no separate open-market purchases reported.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/21/2026 - 05:06 PM Accepted by SEC EDGAR 09/21/2026 - 05:05 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^*

Thayer Jonathan W

(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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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	09/17/2026		M		111,111	A	$1.16	111,111	D
Class A Common Stock	09/17/2026		S		111,111	D	$14.3958(1)	0.00	D
Class A Common Stock	09/18/2026		M		111,111	A	$1.16	111,111	D
Class A Common Stock	09/18/2026		S		111,111	D	$14.2273(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	$1.16	09/17/2026		M			111,111	(3)	06/17/2030	Class A Common Stock	111,111	$0.00	18,157,213	D
Stock Options	$1.16	09/18/2026		M			111,111	(3)	06/17/2030	Class A Common Stock	111,111	$0.00	18,046,102	D

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.19 to $14.57 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 $14.04 to $14.50 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 Thayer Jonathan W	09/21/2026
	** 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)