Cothran Brian 4

4 · Venture Global, Inc. · Filed May 21, 2026

AI-generated summary of this filing

Updated May 21, 2026

Venture Global (VG) COO Brian Cothran Exercises Options, Sells Shares

What Happened

Brian Cothran, Chief Operating Officer of Venture Global (VG), exercised 626,066 stock options (fully vested) between May 19–21, 2026 at an exercise price of $1.16 per share, paying about $726,237 in total. He then sold all 626,066 shares in open-market transactions, receiving aggregate proceeds of approximately $9,223,797. Net proceeds (sale proceeds minus exercise cost) were roughly $8,497,560. The exercises and sales occurred the same days, effectively an exercise-and-sell (cashless-style) transaction.

Key Details

Transaction dates: Exercises on 2026-05-19 (473,533 shares), 2026-05-20 (120,623), 2026-05-21 (31,910); corresponding open-market sales on the same dates.
Exercise price: $1.16 per share; total exercise cost ≈ $726,237.
Sale prices (weighted averages reported): $14.81 (5/19, range $14.64–$14.94), $14.55 (5/20, range $14.37–$14.71), $14.33 (5/21, range $14.20–$14.47). Total sale proceeds ≈ $9,223,797.
Net cash to insider (proceeds less exercise cost): ≈ $8,497,560.
Footnotes: Sales prices are weighted averages with per-day price ranges provided (F1–F3). F4 notes the options were fully vested and exercisable. Derivative entries at $0 reflect disposition of the option upon exercise.
Shares owned after the transactions: Not specified in the provided filing excerpt.
Filing: Report filed 2026-05-21 covering transactions through 2026-05-21; appears to have been filed timely.

Context

This is a routine option exercise followed by immediate open-market sales (common when executives exercise vested options and sell the shares). Such transactions generate cash for the insider but do not by themselves indicate company outlook. The filing shows options were vested (F4) and the sales were executed over multiple transactions at the price ranges noted (F1–F3).

Form 4

Period: 2026-05-19

Chief Operating Officer

Transactions

Exercise/Conversion
Class A Common Stock
2026-05-19$1.16/sh+473,533$549,298→ 473,533 total
Sale
Class A Common Stock
[F1]
2026-05-19$14.81/sh−473,533$7,011,793→ 0 total
Exercise/Conversion
Class A Common Stock
2026-05-20$1.16/sh+120,623$139,923→ 120,623 total
Sale
Class A Common Stock
[F2]
2026-05-20$14.55/sh−120,623$1,754,679→ 0 total
Exercise/Conversion
Class A Common Stock
2026-05-21$1.16/sh+31,910$37,016→ 31,910 total
Sale
Class A Common Stock
[F3]
2026-05-21$14.33/sh−31,910$457,325→ 0 total
Exercise/Conversion
Stock Options
[F4]
2026-05-19−473,533→ 22,128,125 total
Exercise: $1.16Exp: 2030-09-15→ Class A Common Stock (473,533 underlying)
Exercise/Conversion
Stock Options
[F4]
2026-05-20−120,623→ 22,007,502 total
Exercise: $1.16Exp: 2030-09-15→ Class A Common Stock (120,623 underlying)
Exercise/Conversion
Stock Options
[F4]
2026-05-21−31,910→ 21,975,592 total
Exercise: $1.16Exp: 2030-09-15→ Class A Common Stock (31,910 underlying)

Footnotes (4)

[F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.64 to $14.94 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
[F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.37 to $14.71 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
[F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.20 to $14.47 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
[F4]This stock option is fully vested and exercisable.

Signature

/s /Keith Larson, Attorney-in-Fact for Cothran Brian|2026-05-21

1 file