Venu Holding (VENU) 10% Owner Jay W. Roth Buys 200,000 Shares

What Happened
Jay W. Roth, a reported 10% owner of Venu Holding Corp (VENU), purchased 200,000 shares of common stock on 2026-09-11 at $1.75 per share, for a total cash outlay of $350,000. The Form 4 lists the transaction type as a purchase (code P) via "open market or private purchase." Purchases are often considered more informative than routine sales, though filings do not state motive.

Key Details

• Transaction date: 2026-09-11; Filing date (Form 4): 2026-09-15 (timely per Form 4 rules).
• Price and amount: 200,000 shares @ $1.75 = $350,000.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1 — Some shares are held directly by the JWR Living Trust dated Nov 19, 2012; Mr. Roth is a trustee and is deemed to have indirect beneficial ownership.
  • F2 — Some shares are held directly by the KMR Living Trust dated Nov 19, 2012; Mr. Roth is a trustee and is deemed to have indirect beneficial ownership.
• No 10b5‑1 plan, option exercise, gift, or tax-withholding arrangement was disclosed in the filing.

Context
Mr. Roth is identified as a 10% owner rather than an executive title; his holdings include shares held in trusts for which he is trustee, so the filing reflects indirect beneficial ownership through those trusts. The transaction is a straightforward purchase (P); the filing does not indicate whether shares were bought in the open market or via a private purchase agreement.