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. entered into a new $1,750,000,000 senior secured term loan B facility through its indirect subsidiary Calcasieu Pass Funding, LLC. The loan was fully drawn on April 10, 2026 and will mature on April 10, 2033.
Proceeds are being used to redeem in full preferred equity previously issued to Stonepeak Bayou Holdings II LP, pay related fees and expenses, and fund working capital and general corporate purposes. The facility bears interest at Term SOFR plus a margin or a Base Rate plus a margin and is secured by a first‑priority lien on substantially all of the borrower’s assets and equity.
Venture Global stated that this $1.75 billion financing meaningfully reduces its overall cost of capital, strengthens its balance sheet and liquidity, and demonstrates continued access to capital markets as it advances its LNG projects.
Venture Global, Inc. reported key LNG operating metrics for the quarter ended March 31, 2026, including sales of 480.8 TBtu of LNG at an implied weighted average fixed liquefaction fee of $3.82 per MMBtu and 130 cargos exported from its facilities.
The company sold and recognized revenue on 141.2 TBtu and 38 cargos from its Calcasieu Pass facility and 339.6 TBtu and 92 cargos from its Plaquemines facility. It also exported two Plaquemines DES cargos totaling 8.3 TBtu that will be recognized next quarter, and reiterated its revenue recognition policy and that full first-quarter 2026 financial results will be released with its earnings announcement.
Venture Global, Inc. calls its 2026 virtual annual stockholders’ meeting for May 27, 2026 and asks investors to elect seven directors and ratify Ernst & Young as auditor.
Management highlights a transformational 2025, with revenue of $13.8 billion, up 177% from 2024, income from operations of $5.2 billion (up 192%), net income of $2.3 billion (up 53%), and Consolidated Adjusted EBITDA of $6.3 billion (up 198%). Total assets reached $53.4 billion, up from $43.5 billion as of December 31, 2024.
The company shipped 380 LNG cargos, signed six new 20‑year LNG sales and purchase agreements and expects Calcasieu Pass, Plaquemines Phases 1 & 2, and CP2 Phases 1 & 2 to generate about 68 MTPA on a run-rate basis, about 68% already contracted long term. Safety performance was strong, with a 2025 Total Recordable Incident Rate of 0.17 versus an industry average of 2.2.
The proxy details a controlled-company board structure, committee composition, and extensive executive pay, including 2025 CEO total compensation of $39.1 million, built around large cash bonuses, project milestone incentives, and legacy stock options, plus a Dodd-Frank–compliant clawback policy.
Venture Global, Inc. has reached a commercial settlement agreement with Edison S.p.A. to resolve the pending arbitration related to the Calcasieu Pass LNG project. Completion of the settlement is expected by the end of Q2 2026, at which point the arbitration will be terminated and the dispute fully resolved.
As part of the agreement, an affiliate of Venture Global Calcasieu Pass will deliver additional LNG cargoes to Europe beyond those in the existing long-term contract, primarily serving the Italian market. The first delivery is scheduled for May 2026 at the Adriatic LNG Terminal in Italy. The companies describe this as a significant step that strengthens their commercial cooperation and long-term partnership while supporting energy supply stability.
Venture Global, Inc. senior vice president and chief accounting officer Sarah Blake reported a combination of option activity and share sales. On March 18, 2026, she received a grant of 500,000 stock options for Class A common stock with a strike price of $12.97 per share.
On March 19, 2026, she exercised 200,000 previously granted stock options at $1.55 per share to acquire 200,000 shares of Class A common stock, then sold all 200,000 shares in open‑market transactions at a weighted average price of $16.0021 per share, with individual prices ranging from $16.00 to $16.06. Following the option exercise, her reported stock option holdings were 8,390,663, and she held no Class A common shares directly after the sale.
Venture Global, Inc. General Counsel and Secretary Larson Keith D exercised stock options for a total of 5,000,000 shares of Class A common stock at an exercise price of $0.79 per share and sold all 5,000,000 resulting shares in open-market transactions.
The sales occurred on March 18 and 19, 2026 at weighted average prices of $15.0162 and $15.5495 per share, with individual trades executed in ranges from $15.00 to $15.80. After these sales, he reported no directly held shares of common stock. He also received a new stock option grant covering 500,000 shares at an exercise price of $12.97 per share, vesting in equal quarterly installments over 16 quarters.
Venture Global, Inc. Chief Financial Officer Jonathan W. Thayer reported a series of option exercises and stock sales in Class A Common Stock. On March 18–19, 2026, he exercised stock options to acquire a total of 3,222,223 shares at an exercise price of $1.1600 per share and sold the same number of shares in open-market transactions. The sales were executed at weighted average prices within ranges from $12.99 to $16.80 per share, as disclosed in multiple price-range footnotes. On March 18, 2026, he also received a grant of 500,000 stock options with an exercise price of $12.9700 per share, expiring on March 18, 2036, which vest in equal quarterly installments over 16 quarters, subject to his continuous service.
Venture Global, Inc. reported that Senior VP of Development Musser Fory received a grant of stock options covering 500,000 shares of Class A common stock. The options have an exercise price of $12.9700 per share and expire on March 18, 2036.
The stock option vests in equal quarterly installments over 16 quarters from the grant date, conditioned on continuous service through each vesting date. Following this grant, Musser Fory holds 500,000 stock options directly.
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.