ROTH JAY W 4

What Happened Jay W. Roth, a 10% owner of Venu Holding Corp (VENU), reported a purchase of 5,000 shares of common stock on January 30, 2026. The transaction was a purchase (code P) at $5.55 per share, totaling $27,750. Purchases are typically viewed as a more informative signal than routine sales because they involve the insider adding to their stake.

Key Details

• Transaction date and type: 2026-01-30 — Open market or private purchase (Code P).
• Price and amount: 5,000 shares at $5.55 per share; total cost $27,750.
• Filing date: Form 4 filed 2026-02-03 (filed 4 days after the transaction; Form 4s are generally due within two business days, so this may reflect a delayed filing).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are directly owned by the KMR Living Trust dated Nov. 19, 2012; Mr. Roth is a trustee and is therefore deemed to have indirect beneficial ownership of those shares.

Context As a reported 10% owner, Roth is a large stakeholder rather than necessarily an executive; purchases by 10% owners increase their stake but do not by themselves indicate company strategy or operational insight. This was a straight purchase (no options exercised, no gifts, no tax withholding). The filing’s timing relative to the transaction is worth noting for compliance-conscious investors, though the purchase itself is a direct buy of common stock.