Keith D. Larson, General Counsel and Secretary of Venture Global, Inc. (NYSE:VG), filed a Form 4 on August 14, 2026, reporting the exercise of stock options and the sale of Class A Common Stock on August 13, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Larson exercised stock options covering 555,555 shares of Class A Common Stock at an exercise price of $0.79 per share on August 13, 2026.
  • Shares sold: 555,555 shares of Class A Common Stock were disposed of at a weighted average price of $13.4842 per share, with individual sale prices ranging from $13.17 to $13.81 per share.
  • Resulting direct ownership: Following the transactions, Larson held 0.00 shares of Class A Common Stock directly.
  • Remaining options: Larson retained 2,589,287 stock options directly, with an exercise price of $0.79 and an expiration date of July 1, 2027, according to the filing.
  • Rule 10b5-1 plan: The filing indicates the transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Options fully vested: The filing states the exercised stock option "is fully vested and exercisable."

Larson's Option Exercise and Sale at Venture Global

According to the Form 4 filed with the SEC on August 14, 2026, Keith D. Larson, who serves as General Counsel and Secretary of Venture Global, Inc. (NYSE:VG), carried out two transactions on August 13, 2026. First, he exercised stock options (transaction code M) to acquire 555,555 shares of Class A Common Stock at a conversion price of $0.79 per share. The filing notes that these options were fully vested and exercisable at the time of exercise.

Immediately following the option exercise, Larson disposed of all 555,555 shares (transaction code S) at a weighted average sale price of $13.4842 per share. The filing discloses that these shares were sold in multiple transactions at prices ranging from $13.17 to $13.81 per share, and that upon request by the SEC staff, the issuer, or any securityholder, Larson undertakes to provide full information on the number of shares sold at each separate price. After this sale, the filing reports Larson's direct beneficial ownership of Class A Common Stock at 0.00 shares.

The transactions were made pursuant to a Rule 10b5-1(c) trading plan, as indicated by the checked box on the Form 4. Larson's address of record is listed as c/o Venture Global, Inc., 1001 19th Street North, Suite 1500, Arlington, Virginia 22209. Following all reported transactions, Larson retained direct beneficial ownership of 2,589,287 stock options with an exercise price of $0.79 and an expiration date of July 1, 2027, according to the filing.

What Was Disclosed

The filing reported the exercise of 555,555 fully vested stock options at $0.79 per share and the same-day sale of those shares at a weighted average of $13.4842, reducing Larson's direct Class A Common Stock holdings to zero, while leaving 2,589,287 options outstanding.