4Filed Aug 13, 8:00 PM ET
Venture Global (VG) SVP Blake Sarah Sells 1,000,000 Shares
$VG · Venture Global, Inc.Research Summary
AI-generated summary of this SEC filing
Venture Global (VG) SVP Blake Sarah Sells 1,000,000 Shares
What Happened
- Blake Sarah, Senior Vice President and Chief Accounting Officer of Venture Global (VG), exercised 1,000,000 stock options (fully vested) on 2026-08-14 at an exercise price of $1.55 per share (cost $1,550,000) and sold 1,000,000 shares in an open-market transaction for a weighted average price of $14.02 per share (proceeds $14,023,200). The filing also reports a related derivative disposition of 1,000,000 shares at $0.00 (no cash amount reported).
Key Details
- Transaction date: 2026-08-14
- Option exercise: 1,000,000 shares @ $1.55 = $1,550,000 (footnote F2: option fully vested)
- Open-market sale: 1,000,000 shares @ weighted avg $14.02 = $14,023,200 (prices in the sale ranged $14.00–$14.10; see footnote F1)
- Reported derivative disposition: 1,000,000 shares @ $0.00 (no cash amount shown)
- Shares owned after the reported transactions: not specified in the provided filing summary
- Filing timeliness: Reported and filed on 2026-08-14 (same day as transactions)
Context
- This sequence—exercising vested options and immediately selling the shares—is a common cashless exercise pattern that converts option value into cash; the filing shows both the exercise and the subsequent sale on the same date. Footnote F1 notes the sale prices were between $14.00 and $14.10 and that detailed breakdowns can be provided to the SEC on request.