Welcome to our dedicated page for Venture Global SEC filings (Ticker: VG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Venture Global, Inc. filings document an operating LNG issuer with project-level subsidiaries, secured financing arrangements and public-company governance under the ticker VG. Recent 8-K reports cover material definitive agreements for senior secured notes, term loan facilities, CP2 project financing amendments, working capital facilities, collateral, guarantees, covenants and related debt obligations.
The company’s filings also disclose results of operations, LNG cargo-export metrics, revenue recognition for LNG sales, Regulation FD updates on commercial matters, and proxy materials for annual meeting votes, board governance and executive compensation. These records connect the company’s Calcasieu Pass, Plaquemines and CP2 LNG activities to its capital structure and shareholder governance.
Venture Global, Inc. reported that the International Chamber of Commerce International Court of Arbitration has issued a final award in favor of its indirect subsidiary Venture Global Calcasieu Pass, LLC in an arbitration with Repsol LNG Holding, S.A. over LNG sales under their long-term sales and purchase agreement for the Calcasieu Project.
The tribunal found that Venture Global Calcasieu Pass acted as a “Reasonable and Prudent Operator” when it declared commercial operation date on April 15, 2025, and it denied Repsol’s claims in their entirety. The tribunal also awarded fees to Venture Global Calcasieu Pass.
The company notes that multiple proceedings have now affirmed its position that it has honored the clear and mutually agreed terms of its long-term contracts, and it refers investors to its Form 10-K risk factors for further discussion of arbitration and litigation risks.
Venture Global, Inc. reported key LNG operating metrics for the quarter ended December 31, 2025 and updated its full-year 2025 Consolidated Adjusted EBITDA guidance. The company exported 128 cargos, selling 478.3 TBtu of LNG at an implied weighted average fixed liquefaction fee of $5.15 per MMBtu.
From the Calcasieu Pass facility, it shipped 38 cargos totaling 140.1 TBtu with an implied fee of $2.01 per MMBtu (including estimated arbitration reserves). From Plaquemines, it shipped 90 cargos totaling 338.2 TBtu with an implied fee of $6.02 per MMBtu, and one DES cargo from Plaquemines will be recognized in the following quarter.
Due to unusual factors affecting volumes and pricing, including shipping constraints and commodity price changes, Venture Global reduced and tightened its full-year 2025 Consolidated Adjusted EBITDA guidance to a range of $6.180 billion to $6.240 billion. Full fourth-quarter and full-year financial results will be provided with the company’s earnings release.
Venture Global, Inc. disclosed that its indirect wholly owned subsidiary, Venture Global Plaquemines LNG, LLC (VGPL), has issued two new series of senior secured notes totaling $3.0 billion. VGPL sold $1.75 billion of 6.125% senior secured notes due 2030 and $1.25 billion of 6.500% senior secured notes due 2034 in a private offering to qualified institutional buyers under Rule 144A and to non‑U.S. investors under Regulation S.
The 2030 notes mature on December 15, 2030, and the 2034 notes mature on June 15, 2034, with interest on both series paid semi‑annually on June 15 and December 15, starting June 15, 2026. The notes are guaranteed by Venture Global Gator Express, LLC and share collateral with VGPL’s existing term loan, revolving facilities and existing notes under a common indenture that includes customary covenants and events of default. VGPL may redeem each series before stated call dates with a make‑whole premium and at par plus accrued interest after those dates.
Venture Global, Inc.’s Chief Commercial Officer Earl Thomas reported a same-day stock option exercise and sale. On 12/05/2025, he exercised 1,000,000 stock options for Class A common stock at an exercise price of $0.79 per share and acquired 1,000,000 shares. That same day he sold 1,000,000 shares of Class A common stock at a weighted average price of $6.89 per share, leaving no directly held non-derivative shares reported after the transaction. The filing also shows he continues to hold several large stock option positions with exercise prices ranging from $0.79 to $3.39 per share and expiration dates between 2027 and 2032, many of which are fully vested or vest over time.
VG has a shareholder filing to sell up to 1,000,000 shares of common stock through broker Morgan Stanley Smith Barney LLC on the NYSE. The planned sale has an indicated aggregate market value of $6,888,600.00, compared with 479,506,138 shares outstanding of the same class.
The seller acquired these 1,000,000 shares on 12/05/2025 by exercising stock options under a registered plan and paid for them in cash. In the prior three months, the same holder, Thomas Edward Earl, reported three additional common stock sales totaling several hundred thousand shares, with gross proceeds of $6,845,800.00 on 09/15/2025, $2,173,479.11 on 09/12/2025, and $11,540,040.00 on 09/11/2025.
Venture Global, Inc. (VG) reported insider transactions by Senior VP, Development, Fory Musser. On 11/18/2025, Musser exercised 768,762 stock options for Class A Common Stock at an exercise price of $0.79 per share and sold the same number of shares in open-market transactions at a weighted average price of $8.01 per share, with individual trades between $8.00 and $8.10.
On 11/19/2025, Musser similarly exercised 188,337 options at $0.79 and sold those shares at a weighted average price of $7.80, with trades between $7.80 and $7.83. On 11/20/2025, Musser exercised 42,901 options at $0.79 and sold the shares at a weighted average price of $7.80, with trades between $7.80 and $7.81. After these transactions, Musser reported owning 2,520,331 stock options for Class A Common Stock, exercisable at $0.79 per share and expiring on 06/26/2027, and no directly held Class A Common Stock.
VG reported that shareholder Fory L Musser IV filed a Form 144 notice to sell up to 42,901 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of 334,687.86. These shares were acquired on 11/20/2025 by exercising options under a registered plan, with services rendered as the form of payment.
The notice also lists prior sales by the same holder over the past three months, including 188,337 shares on 11/19/2025, 768,762 shares on 11/18/2025, 776,298 shares on 11/17/2025, and 223,702 shares on 11/14/2025, for total disclosed gross proceeds of several million dollars. Shares outstanding were 479,506,138 at the time of the notice; this is a baseline figure, not the amount being sold.
VG has a Form 144 notice indicating a planned sale of 188,337 common shares through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $1,469,537.11. The shares relate to an option exercise under a registered plan on 11/19/2025, with services rendered as the form of payment.
Common shares outstanding were 479,506,138, which is a baseline ownership figure. The same seller reported additional common share sales over the prior three months, including 768,762 shares on 11/18/2025 for $6,160,628.04, 776,298 shares on 11/17/2025 for $6,260,610.48, and 223,702 shares on 11/14/2025 for $1,796,908.69.
Venture Global, Inc. (VG) reported insider transactions by its Senior VP of Development. On 11/14/2025, the officer exercised 223,702 stock options for Class A common stock at an exercise price of $0.79 per share and sold the same 223,702 shares in the market at a weighted average price of $8.03 per share, leaving no directly owned shares from that lot.
On 11/17/2025, the officer similarly exercised 776,298 stock options at $0.79 per share and sold those 776,298 shares at a weighted average price of $8.06 per share, again reporting zero Class A shares owned after the sale. Several option grants remain outstanding and in many cases fully vested, including grants that were adjusted to reflect a stock split completed immediately before the company’s initial public offering.
VG shareholder Fory L Musser IV filed a Form 144 indicating an intent to sell up to 768,762 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $6,160,628.04.
The shares to be sold were acquired on 11/18/2025 by exercising options under a registered plan, with payment described as services rendered. The number of issuer shares outstanding is listed as 479,506,138; this is a baseline figure, not the amount being sold.
Over the prior three months, the same shareholder reported additional common stock sales, including 776,298 shares for gross proceeds of $6,260,610.48 on 11/17/2025 and 223,702 shares for $1,796,908.69 on 11/14/2025. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about VG.