O'Neil Kevin Wayne 4

What Happened
Kevin O'Neil, a reported 10% owner of Venu Holding Corp (VENU), made a gift of 150,000 warrants on May 7, 2026. The transaction was a disposition by gift (code G) of derivative securities — 150,000 warrants transferred at $0.00, producing no sale proceeds. This was not a purchase or exercise; it was a transfer of ownership to a trust.

Key Details

• Transaction date: 2026-05-07 (reported on same date)
• Security: Warrants (derivative securities)
• Amount transferred: 150,000 warrants
• Price per security: $0.00 — total proceeds: $0
• Shares/warrants owned after transaction: Not specified in this filing
• Filing timeliness: Reported on the same day as the transaction (no late filing indicated)
• Footnote: The warrants were a bona fide gift to an irrevocable trust; O'Neil is not the trustee, has no voting or investment control over the warrants, and has no pecuniary interest in them.

Context
Gifts of securities are common estate-planning or family-transfer actions and do not necessarily indicate a view on company prospects. As a 10% owner (not an employee trade), this is an ownership-structure change rather than routine executive trading. Because these were warrants (derivative instruments) transferred intact, there was no option exercise or immediate sale involved.