Venture Global CFO Jonathan W. Thayer Executes Option Exercises and Same-Day Sales

Executive Summary

On October 20, 2026, Venture Global, Inc. (NYSE: VG) Chief Financial Officer Jonathan W. Thayer filed a Form 4 detailing option exercises and subsequent sales of Class A Common Stock conducted under a Rule 10b5-1 trading arrangement on October 19 and October 20, 2026.

Transaction Details

• October 19, 2026:

  • Exercise (Code M): 111,111 stock options exercised at an exercise price of $1.16 per share.
  • Sale (Code S): 111,111 shares of Class A Common Stock sold at a weighted average price of $12.6772 (range: $12.52 to $12.86), generating ~$1,408,576.37.

• October 20, 2026:

  • Exercise (Code M): 111,111 stock options exercised at an exercise price of $1.16 per share.
  • Sale (Code S): 111,111 shares of Class A Common Stock sold at a weighted average price of $12.7012 (range: $12.55 to $13.20), generating ~$1,411,243.03.

• Aggregate Sales: 222,222 shares sold for total gross proceeds of approximately $2,819,819.40.

Ownership and Sentiment Analysis

• Direct Common Stock: Following these transactions, Thayer holds 0 shares of Class A Common Stock directly.
• Derivative Holdings: Following the exercise of 222,222 options, Thayer continues to hold 17,823,880 fully vested stock options expiring June 17, 2030, representing substantial ongoing exposure to the company's equity.
• Significance: Classified as Low. The sales were paired directly with option exercises, executed under an affirmative Rule 10b5-1 trading plan, and represent only ~1.23% of the insider's total underlying option position.