Orekar Andrew J. 4
Research Summary
AI-generated summary
Venture Global (VG) Director Andrew Orekar Receives 34,722-Share Award
What Happened
- Andrew J. Orekar, a director of Venture Global, was granted a derivative award of 34,722 shares on May 28, 2026. The reported acquisition price is $0.00 (i.e., no cash paid at grant). This transaction is an award/grant (Form 4 code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-28; reported price: $0.00 per share.
- Security type: Derivative award (34,722 underlying shares reported).
- Vesting: The award vests in equal annual installments over the first four anniversaries of the grant date, subject to continuous service (footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Filing: Form 4 filed 2026-06-01 — within the SEC’s two-business-day reporting window (timely).
Context
- This was a grant of a derivative award (e.g., stock options or restricted awards) that vest over time — not an immediate market purchase or sale. Such awards are common for compensation and retention; they do not indicate an immediate change in the insider’s cash exposure until vesting/exercise or any subsequent sale.