VG Venture Global, Inc. Insider Trading

General Counsel Keith D Larson sells 1,111,111 shares for $14,356,776.34 on scheduled 10b5-1 plan

On July 15–16, 2026, Keith D Larson, General Counsel and Secretary of Venture Global, executed two separate sales totaling 1,111,111 shares for $14,356,776.34 at a blended average price of $12.92. This transaction is part of a pre-arranged 10b5-1 trading plan—scheduled, not discretionary. While the non-derivative position (Table I) reaches zero post-transaction, derivative holdings of 6,845,239 shares (via two separate stock option grants) remain active, meaning Larson retains substantial economic exposure. The current stock price of $12.67 sits 30.3% below the 52-week high of $18.18 but +14.2% over the prior 30 days. Venture Global reported strong fundamentals (FY revenue growth of +176.9%, net income of $625.0M, and a P/E of 13.62), and his prior five sales at this ticker have generated mixed near-term outcomes (ranging from −6.8% to +12.6% 30-day return). The scheduled nature of this sale precludes timing inferences; investors should monitor whether derivative option grants are exercised in coming quarters as a signal of conviction.

CFO Jonathan W Thayer sold 222,222 shares at blended avg $10.98 via scheduled 10b5-1 plan; stock down 30.3% in 90 days, revenue surging 176.9% YoY.

Jonathan W Thayer, Chief Financial Officer of Venture Global, executed two separate sales totaling 222,222 shares for $2,441,042.00 on 2026-06-17 and 2026-06-18 at a blended average price of $10.98, pursuant to a pre-arranged 10b5-1 trading plan. The sale reduces his non-derivative holdings from 222,222 shares to 0, though he retains 37,536,647 shares in derivative form (stock options across two vehicles). The timing coincides with significant stock weakness: the current price of $11.02 is -43.5% from the 52-week high of $19.50, and the stock has declined -30.3% over the past 90 days, well below his transaction price. His prior sales at VG show mixed near-term outcomes (most recent three ranging from -22.2% to -24.5% 30-day returns), while cross-ticker history averages -24.9% 90-day returns post-sale. Notably, Venture Global's fundamentals show strong momentum with annual revenue growth of +176.9% (FY vs prior FY) and a low P/E of 11.85, suggesting the stock weakness may not reflect operational deterioration. Because this is a scheduled 10b5-1 plan transaction, the execution is not discretionary and does not reflect real-time market timing or conviction signals by the CFO.

General Counsel Keith D Larson sold 1,111,111 shares for $12,875,165.70 on scheduled 10b5-1 plan; stock down 43.1% from 52-week high.

Keith D Larson, General Counsel and Secretary, executed two separate sales totaling 1,111,111 shares for $12,875,165.70 (blended average $11.59) on 2026-06-15 and 2026-06-16 under a scheduled 10b5-1 trading plan, reducing his non-derivative holdings to zero. The sales occurred as VG stock trades at $11.09, down 43.1% from its 52-week high of $19.50 and 22.1% lower over 30 days. The company's fundamentals remain relatively strong (P/E 11.92, annual revenue growth +176.9%, net income $625,000,000.00 on revenue of $4,599,000,000.00), but the significant price decline and scheduled nature of the sales through a pre-arranged trading plan suggest this execution reflects predetermined liquidity decisions rather than discretionary market timing. Larson retains 9,067,461 shares through derivative holdings (stock options), maintaining material economic exposure to the company.

Michael Sabel bought 1,226 shares of VG at $13.04; stock now at $11.70, down 40.0% from 52-week high, but his prior 5 VG buys show 100% 90-day win rate

Michael Sabel purchased 1,226 shares at $13.04 on 2026-06-12, increasing his holdings to 1,187,111 shares. The stock has declined significantly from its 52-week high of $19.50, currently trading at $11.70 (down 40.0% from that peak) and down 17.8% over the past 30 days. However, his same-ticker history at VG is noteworthy: all 5 prior buys at this company showed positive 90-day returns, ranging from +56.8% to +66.2%, with a 100% win rate at the 90-day mark. Venture Global's fundamentals remain solid with $4.6B in quarterly revenue, $625.0M net income, and annual revenue growth of +176.9%, paired with a P/E of 12.58. This purchase comes after his prior transactions captured substantial medium-term gains despite similar or worse near-term downside, suggesting the pattern warrants monitoring for 90-day performance.

Fory Musser sells 500,000 shares for $6,430,640.33; retains 2,274,397 shares via options.

Fory Musser, Senior VP Development at Venture Global, executed 2 separate sales on May 26-27, 2026, liquidating 500,000 non-derivative shares at a blended average price of $12.86 per share. Post-transaction, his non-derivative holdings reach zero, but this represents a partial reduction of his total economic exposure: he retains 2,274,397 shares through stock options (1,254,066 and 1,020,331 shares across two contracts). The current stock price of $12.54 sits 35.7% below the 52-week high of $19.50, and his transaction prices ($13.09 on May 26 and $12.61 on May 27) capture execution within a narrow band slightly above current levels. Across his prior 5 trades at Venture Global, his 90-day timing success has been limited (1 of 5 well-timed at the 90-day mark), suggesting this insider's sell decisions at this ticker have not consistently preceded declines.

Venture Global CCO Thomas Earl sells 1,000,000 shares at $12.44; retains 4,540,663 stock options

Thomas Earl, Chief Commercial Officer, sold 1,000,000 shares at $12.44 on 2026-05-27 for $12,444,000.00 ($12.4M), reducing his non-derivative holdings to zero while retaining 4,540,663 stock options. At the current price of $12.54, the sale occurred near recent trading levels, 35.7% below the 52-week high of $19.50. Across his same-ticker history at VG, Earl's 5 prior sales show mixed 90-day outcomes: 3 were well-timed (negative returns after sale), but 2 were not (the March 2026 and December 2025 sales were followed by positive 30-day and 90-day returns). The company's fundamentals remain solid—latest quarterly revenue of $4,599,000,000.00 ($4.6B), net income of $625,000,000.00 ($625.0M), and annual revenue growth of +176.9% indicate strong operational performance. The stock has recovered 29.4% over the past 90 days, suggesting momentum after an earlier decline.

COO Brian Cothran sells entire 626,066-share holding at $14.73 avg in 3 transactions for $9.2M

Brian Cothran, Chief Operating Officer at Venture Global, executed 3 separate sales totaling 626,066 shares for $9,223,795.75 between May 19–21, 2026, liquidating his entire shareholding. The company is in strong financial position with $4.6B quarterly revenue, $625.0M net income, and 176.9% annual revenue growth, yet the complete divestiture by a top operating executive warrants attention. A complete exit of all holdings by a C-suite operator removes significant insider ownership at a time of robust operational performance and is atypical relative to partial reductions. This filing should prompt investors to examine whether the sales reflect personal financial circumstances unrelated to company outlook, or whether they signal a shift in C-suite confidence in forward returns at current valuations.

CFO Thayer Jonathan W liquidates full 222.2K share position at $14.43 avg ($3.2M); scheduled 10b5-1 plan, not discretionary

Thayer Jonathan W, Chief Financial Officer of Venture Global, Inc., sold his entire 222,222 shares across 3 transactions on 2026-05-18 and 2026-05-19 at a blended average price of $14.43 per share for total proceeds of $3,206,367.09, reducing holdings from 222.2K shares to zero. This filing is part of a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled and not discretionary. The company's fundamentals show strong performance with annual revenue growth of +176.9% and net income of $625,000,000.00 on $4,599,000,000.00 quarterly revenue, with a P/E of 15.89. While his prior trades at VG have shown mixed 30-day returns (ranging from -28.9% to +23.2%), the scheduled nature of this plan removes timing as an interpretive variable; the trade reflects predetermined liquidation rather than a signal about near-term conviction.

General Counsel Larson liquidates entire 1.11M share position (1,111,111 shares) for $15,060,331.34 via scheduled 10b5-1 plan

Keith D. Larson, General Counsel and Secretary, executed four separate sales on May 14–15, 2026, liquidating his entire 1,111,111 share position for $15,060,331.34 at prices ranging from $0.79 to $14.04. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it is scheduled rather than discretionary. The complete elimination of his holdings is noteworthy given his executive role overseeing legal affairs, though the scheduled nature of the plan limits inference about convictions driving the trade. VG's fundamentals show strong growth: annual revenue grew +176.9% year-over-year to $4,599,000,000.00 in the latest quarter, with net income of $625,000,000.00 and a P/E of 15.30. The current stock price of $14.23 sits -27.0% below the 52-week high of $19.50, providing context for the transaction's execution within a volatile trading environment.

SVP Fory sells entire 2.00M share stake in VG for $26.2M at $13.09; stock now $14.23, up 16.8% in 30 days

Musser Fory, Senior VP of Development at Venture Global, sold 2,000,000 shares worth $26,172,600.00 at $13.09, reducing his holdings to 0 shares—a complete exit of his position. The stock has since appreciated to $14.23 (current price), representing a 30-day change of +16.8% following the sale. His prior 5 sells at VG showed 90-day returns ranging from +12.4% to +22.4%, with none qualifying as well-timed by the sell-timing criterion (0 of 5 prior sells were well-timed at the 90-day mark). Against his cross-ticker track record of 6 prior sells with an avg 90d return of +17.1%, this transaction occurred in a company posting strong fundamentals: Revenue of $4,599,000,000.00 (latest quarter), Net income of $625,000,000.00, and annual revenue growth of +176.9%.