Cothran Brian 4

What Happened Brian Cothran, Chief Operating Officer of Venture Global, was granted a derivative equity award covering 500,000 shares on 2026-03-18. The award was reported as acquired at $0.00 (no cash paid) and is structured as a stock option/award rather than an open-market purchase or sale, so it does not represent an immediate buy or sell of shares.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (timely filing).
• Award: 500,000-share derivative award reported at $0.00; total reported value $0.
• Vesting: Per footnote F1, the stock option vests in equal quarterly installments over the first 16 quarterly anniversaries of the grant date (i.e., roughly four years), subject to continued service.
• Footnotes: F2 and F4 note prior smaller option grants were adjusted for a pre-IPO stock split; F3 notes another previously reported option is fully vested and exercisable (separate from this 500k grant).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context This was an equity award (derivative grant) to an executive, not a market purchase or sale. Such grants are common as long-term retention/compensation and do not necessarily signal immediate insider buying or selling. Because the award vests over time, any future insider purchases or exercises would be reported separately when they occur.