Thayer Jonathan W 4

What Happened Jonathan W. Thayer, Chief Financial Officer of Venture Global (VG), exercised a total of 222,223 stock options (111,112 on Apr 20 and 111,111 on Apr 21) at $1.16 per share (total exercise cost ≈ $257,779) and immediately sold the 222,223 shares in open-market transactions for combined gross proceeds of approximately $2,599,264 (sales: $1,277,832 on Apr 20 at a weighted avg $11.50; $1,321,432 on Apr 21 at a weighted avg $11.89). The option grant is reported as fully vested.

Key Details

• Transaction dates: Apr 20, 2026 and Apr 21, 2026.
• Exercises: 111,112 shares @ $1.16 (Apr 20) and 111,111 shares @ $1.16 (Apr 21); combined exercise cost ≈ $257,779.
• Sales: 111,112 shares sold on Apr 20 (weighted avg $11.50; range $11.35–$11.74 per F1) for $1,277,832; 111,111 shares sold on Apr 21 (weighted avg $11.89; range $11.53–$12.23 per F2) for $1,321,432. Total proceeds ≈ $2.60M.
• Derivative lines showing $0.00 reflect conversion/cancellation of the option instruments upon exercise.
• Footnote F3: the stock option was fully vested and exercisable.
• Shares owned after the transactions are not provided in the supplied summary.
• Filing: Form 4 filed Apr 21, 2026 — appears timely (Form 4s are generally due within two business days).

Context

• This was an exercise-and-sale (a cashless-like sequence): options were exercised and the resulting shares were sold in the open market the same days. Such transactions are often routine liquidity events following vested option exercise and do not, by themselves, indicate a change in insider sentiment.