Blake Sarah 4

What Happened
Sarah Blake, SVP and Chief Accounting Officer of Venture Global (VG), exercised 200,000 options on 2026-03-19 (cost $1.55/share, $310,000 total) and sold 200,000 shares the same day in an open-market transaction for a weighted average price of $16.00/share (total proceeds reported $3,200,420). The filing also shows a 500,000-share award (derivative) dated 2026-03-18 that appears to be a stock-option grant subject to vesting.

Key Details

• Transaction dates: 2026-03-18 (500,000-share grant); 2026-03-19 (exercise and sale).
• Exercise: 200,000 shares @ $1.55 → $310,000 paid.
• Sale: 200,000 shares @ weighted avg $16.00 → $3,200,420 proceeds (footnote F1: sale prices ranged $16.00–$16.06).
• Additional derivative entries: a 200,000-share derivative disposal at $0 on 3/19 (consistent with the exercised-and-sold activity shown).
• Vesting/award notes: 500,000-share grant dated 3/18 is subject to quarterly vesting over 16 quarters (F2). A referenced stock option is noted as fully vested and exercisable (F3).
• Shares owned after transaction: not specified in the provided summary.
• Filing: Report filed 2026-03-19 covering 3/18–3/19 transactions; no late filing flag provided in the supplied data.

Context
This sequence—exercising options and selling the resulting shares the same day—is commonly a cashless exercise plus immediate sale and results in realized proceeds (here ~ $3.2M). Sales by executives can be routine (liquidity/tax needs) and do not by themselves indicate company outlook; purchases tend to be more informative about bullish insider sentiment. The 500,000-share grant is subject to multi-quarter vesting, so those shares/options are not immediately fully vested unless otherwise indicated.