Venture Global (VG) GC Keith Larson Exercises Options, Sells Shares

What Happened

Keith D. Larson, General Counsel and Secretary of Venture Global, exercised vested stock options and sold shares in open‑market transactions on September 16–17, 2026. He exercised three option lots (155,692; 239,287; and 394,979 shares) for a total exercise cost of $651,600, then sold 394,979 shares on 9/16 for $5,852,601 and another 394,979 shares on 9/17 for $5,686,039 — total sale proceeds ≈ $11,538,640. The exercises are reported as fully vested per the filing.

Key Details

• Transaction dates: 2026-09-16 (exercise(s) and sale) and 2026-09-17 (exercise and sale).
• Sales: 394,979 shares @ weighted avg $14.82 on 9/16 (proceeds $5,852,601; price range $14.55–$15.23 per F1) and 394,979 shares @ weighted avg $14.40 on 9/17 (proceeds $5,686,039; price range $14.19–$14.58 per F2).
• Exercises: 155,692 shares @ $0.84, 239,287 shares @ $0.79 (both 9/16), and 394,979 shares @ $0.84 (9/17); total exercise cash paid ≈ $651,600.
• Total shares sold: 789,958; total proceeds: ≈ $11.54M.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1/F2 indicate weighted‑average sale prices with per‑share price ranges; F3 confirms the options were fully vested and exercisable.
• Filing timeliness: Report filed 2026-09-17 covering trades on 9/16–9/17; filing date is the next day and no late filing is indicated in the record provided.

Context

Because the exercises and sales occurred on the same dates, this appears to be an exercise‑and‑sell pattern (often described as a cashless exercise) — the filer exercised options and subsequently sold the resulting shares. This is a factual reporting of transactions by an insider; it does not by itself indicate the insider’s future view of the company.