ROTH JAY W 4

What Happened

• Jay W. Roth, identified as a 10% owner of Venu Holding Corp (VENU), purchased 4,000 shares of VENU common stock on 2026-02-20. The reported price was $5.23 per share for a total transaction value of $20,920. The filing reports the transaction as a purchase (code P), described as an open market or private purchase.

Key Details

• Transaction date and price: 2026-02-20 at $5.23 per share (total $20,920).
• Filing date: 2026-02-23 (filed within the normal Form 4 deadline — timely).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The 4,000 shares are owned directly by the KMR Living Trust (dated Nov 19, 2012). Mr. Roth is a trustee and is therefore deemed to have indirect beneficial ownership of the trust’s shares.
• Insider status: Roth is reported as a 10% owner (significant owner), not necessarily an executive.

Context

• Purchases by significant owners can be of interest to retail investors as they represent insiders putting capital into the company, but they do not necessarily indicate future company performance.
• This was a straightforward equity purchase (no options exercised, no awards or gifts).