Thayer Jonathan W 4

4 · Venture Global, Inc. · Filed Jun 18, 2026

AI-generated summary of this filing

Updated Jun 18, 2026

Venture Global CFO Jonathan Thayer Exercises Options, Sells Shares

What Happened

Jonathan W. Thayer, Chief Financial Officer of Venture Global, exercised 222,222 stock options (two exercises of 111,111 shares) and sold the same number of shares in open-market transactions on June 17–18, 2026.
Exercise price paid: $1.16 per share (total cost $257,778). Sale proceeds: weighted-average prices $11.05 and $10.92 for total gross proceeds of $1,227,988 and $1,213,054, respectively (combined ≈ $2,441,042). Net proceeds after exercise cost ≈ $2,183,264.
The filing also records derivative conversion entries at $0.00 per share that reflect the conversion/exercise mechanics (see Key Details).

Key Details

Transaction dates: June 17 and June 18, 2026.
Exercise entries: 2 × 111,111 shares acquired at $1.16 each (reported as “M” — option exercise). Footnote F3: the stock option exercised was fully vested and exercisable.
Sale entries: 2 × 111,111 shares sold in open-market trades (reported as “S”): weighted-average prices $11.05 (range $10.82–$11.19, F1) and $10.92 (range $10.59–$11.07, F2). Upon request, the reporting person will provide the number of shares sold at each separate price within those ranges.
Shares owned after the transactions: not specified in the provided filing excerpt.
Timeliness: Reported on Form 4 filed June 18, 2026 for activity through June 17–18, 2026; no late filing flag indicated.

Context

This appears to be an exercise of vested options followed by immediate sales of the resulting shares (a cashless or near-immediate disposition). The Form 4 shows both the option exercise (acquisition) and the subsequent open-market sales.
Sales by executives are commonly routine (e.g., exercising vested options, tax payment, diversification) and are not by themselves a direct indicator of company prospects. Purchases generally provide stronger signals of insider conviction.

Form 4

Period: 2026-06-17

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
2026-06-17$1.16/sh+111,111$128,889→ 111,111 total
Sale
Class A Common Stock
[F1]
2026-06-17$11.05/sh−111,111$1,227,988→ 0 total
Exercise/Conversion
Class A Common Stock
2026-06-18$1.16/sh+111,111$128,889→ 111,111 total
Sale
Class A Common Stock
[F2]
2026-06-18$10.92/sh−111,111$1,213,054→ 0 total
Exercise/Conversion
Stock Options
[F3]
2026-06-17−111,111→ 18,823,879 total
Exercise: $1.16Exp: 2030-06-17→ Class A Common Stock (111,111 underlying)
Exercise/Conversion
Stock Options
[F3]
2026-06-18−111,111→ 18,712,768 total
Exercise: $1.16Exp: 2030-06-17→ Class A Common Stock (111,111 underlying)

Footnotes (3)

[F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.82 to $11.19 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 $10.59 to $11.07 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.

Signature

/s /Keith Larson, Attorney-in-Fact for Thayer Jonathan W|2026-06-18

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