Venture Global GC Keith D. Larson Exercises Options, Sells 555,555

What Happened

• Keith D. Larson, General Counsel and Secretary of Venture Global, exercised 555,555 stock options on 2026-08-13 at $0.79 per share (total exercise cost $438,888) and immediately sold 555,555 shares in the open market for total gross proceeds of $7,491,215 (weighted average price $13.48).

Key Details

• Transaction date: 2026-08-13; Form 4 filed 2026-08-14 (timely).
• Exercise: 555,555 shares acquired at $0.79 each (total $438,888).
• Sale: 555,555 shares sold; weighted average sale price $13.48; sale price range $13.17–$13.81 per share (per filing footnote).
• A second derivative line reported disposal at $0.00 reflects the exercised derivative being converted/sold as part of the transaction.
• Footnote F2: the stock option exercised was fully vested and exercisable.
• Shares owned after the transaction: not specified in the provided filing data.

Context

• This was a cashless-style transaction: vested options were exercised and the resulting shares were sold the same day. The filing shows a sale (realized proceeds ≈ $7.49M) after paying exercise cost (~$438,888), yielding net proceeds of roughly $7.05M before taxes and fees.
• Sales following option exercises are common for executives converting compensation into cash; the filing itself does not state motives.