Venture Global SVP Musser Fory Exercises Options, Sells 469,547 Shares

What Happened

• Musser Fory, Senior Vice President, Development at Venture Global (VG), exercised stock options and sold the resulting shares. On Aug 14, 2026 she exercised 447,534 options at $0.79 (cost ~$353,552) and sold those 447,534 shares in the open market for a weighted-average price of $14.02 (proceeds ~$6,274,069). On Aug 17, 2026 she exercised 22,013 options at $0.79 (cost ~$17,390) and sold those 22,013 shares at a weighted-average $14.02 (proceeds ~$308,589). Total shares exercised and sold = 469,547; total gross sale proceeds ≈ $6.58 million; total exercise cost ≈ $370,942.
• The filing also lists corresponding derivative entries at $0.00, reflecting the conversion/disposition of the options into shares at exercise.

Key Details

• Transaction dates: Aug 14, 2026 and Aug 17, 2026.
• Exercise price: $0.79 per share; sale weighted-average price: $14.02 per share.
• Sale price ranges (per footnotes): Aug 14 trades ranged $14.00–$14.08; Aug 17 trades ranged $14.00–$14.06. The reported $14.02 values are weighted averages (F1, F2).
• Option status: the option exercised was fully vested and exercisable (F3).
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing date: Aug 18, 2026 — the Form 4 was filed promptly after the reported transactions.

Context

• This was an option exercise followed by immediate open-market sales (a cashless exercise pattern): the insider paid the exercise cost and sold the acquired shares, realizing net proceeds. Form 4s report the transactions but do not state the insider's motivation (e.g., diversification, tax payment, or other personal reasons).