Venture Global, Inc.·4

May 28, 5:32 PM ET

Musser Fory 4

4 · Venture Global, Inc. · Filed May 28, 2026

Research Summary

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Venture Global (VG) Senior VP Musser Fory Exercises Options, Sells Shares

What Happened
Musser Fory, Senior Vice President, Development at Venture Global (VG), exercised stock options and promptly sold the resulting shares across two days. On 2026-05-26 she exercised 266,265 options at $0.79 per share (cost ~$210,349) and sold 266,265 shares in the open market at a weighted-average $13.09 ($3,484,317 proceeds). On 2026-05-27 she exercised 233,735 options at $0.79 (cost ~$184,651) and sold 233,735 shares at a weighted-average $12.61 ($2,946,323 proceeds). Combined proceeds were about $6.43 million; combined exercise cost was about $395,000.

Key Details

  • Transaction dates: 2026-05-26 and 2026-05-27.
  • Sales prices (weighted averages): $13.09 (range $13.00–$13.27) and $12.61 (range $12.60–$12.66). Footnotes F1/F2 disclose the underlying per-trade price ranges; full breakdown available on request to the SEC staff.
  • Option exercise price: $0.79 per share. Footnote F3: the option(s) exercised were fully vested and exercisable.
  • Filing: Form 4 filed 2026-05-28 reporting the 5/26–5/27 transactions (no late-filing flag in the provided data).
  • Shares owned after the transactions: not specified in the information you provided.

Context
These entries show an exercise of vested options followed by immediate open-market sales — effectively a cashless exercise where the insider monetized option value. Such sales are common for covering exercise costs, taxes, or taking liquidity; they are factual disclosures of insider activity rather than statements about company prospects.

Insider Transaction Report

Form 4
Period: 2026-05-26
Musser Fory
Senior VP, Development
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-05-26$0.79/sh+266,265$210,349266,265 total
  • Sale

    Class A Common Stock

    [F1]
    2026-05-26$13.09/sh266,265$3,484,3170 total
  • Exercise/Conversion

    Class A Common Stock

    2026-05-27$0.79/sh+233,735$184,651233,735 total
  • Sale

    Class A Common Stock

    [F2]
    2026-05-27$12.61/sh233,735$2,946,3230 total
  • Exercise/Conversion

    Stock Options

    [F3]
    2026-05-26266,2651,254,066 total
    Exercise: $0.79Exp: 2027-06-26Class A Common Stock (266,265 underlying)
  • Exercise/Conversion

    Stock Options

    [F3]
    2026-05-27233,7351,020,331 total
    Exercise: $0.79Exp: 2027-06-26Class A Common Stock (233,735 underlying)
Footnotes (3)
  • [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.27 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 $12.60 to $12.66 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]This stock option is fully vested and exercisable.
Signature
/s /Keith Larson, Attorney-in-Fact for Musser Fory|2026-05-28

Documents

1 file
  • 4
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