Venture Global GC Keith D. Larson Exercises Options and Sells Shares

What Happened
Keith D. Larson, General Counsel and Secretary of Venture Global (VG), exercised a total of 2,350,000 stock options (fully vested) and promptly sold the resulting shares in open-market transactions. He exercised 464,196 options on 2026-09-08 (strike $0.79) and 1,885,804 options on 2026-09-09 (strike $0.79). The shares from the 9/8 exercise were sold at a weighted-average price of $15.05 for aggregate proceeds of $6,984,850; the shares from the 9/9 exercise were sold at a weighted-average price of $15.21 for aggregate proceeds of $28,692,319. Exercise costs totaled about $1.86M, and gross sale proceeds totaled about $35.7M.

Key Details

• Transaction dates: 2026-09-08 (464,196 shares) and 2026-09-09 (1,885,804 shares).
• Exercise price: $0.79 per share for both exercises; exercise reported as code M (option exercise).
• Sale prices (weighted averages): $15.05 (range $15.00–$15.10 per F1) and $15.21 (range $15.00–$15.45 per F2).
• Gross proceeds from sales: ~$6.98M (9/8) and ~$28.69M (9/9); combined ≈ $35.68M. Exercise cost ≈ $1.86M.
• Filing also reports derivative "disposed" entries at $0, which reflect conversion/cancellation of the options upon exercise.
• Footnote F3: the options exercised were fully vested and exercisable.
• Shares owned after the transactions: Not specified in this filing.
• Filing date: 2026-09-09 — appears timely relative to the reported transactions.

Context
This was an option exercise followed by immediate open-market sales (commonly a cashless or sell-to-cover pattern). Sales by executives are often routine (liquidity/tax-related) and do not by themselves indicate company performance; purchases generally carry more interpretive weight for investors. The filing includes weighted-average price ranges (see F1/F2); the reporter offers to provide per-share sale-price details to SEC staff or shareholders on request.