Venture Global COO Brian Cothran Sells $2.47M of Stock Following Option Exercise

Insider Transaction Summary: Venture Global, Inc. ($VG)

Overview

On September 14, 2026, Brian Cothran, Chief Operating Officer of Venture Global, Inc. ($VG), filed a Form 4 reporting the exercise of stock options and the subsequent open-market sale of 152,660 shares of Class A Common Stock under a pre-established Rule 10b5-1 trading plan.

Key Transaction Details

• Derivative Exercise (Code M): Exercised 152,660 stock options with an exercise price of $1.16 per share.
• Open Market Sale (Code S): Sold all 152,660 shares at a weighted-average price of $16.148 per share (range: $16.00 – $16.25), generating total proceeds of $2,465,153.68.
• Net Profit Spread: Realized a pre-tax gross profit of approximately $2,288,068 from the option spread ($14.988/share).
• Holdings Post-Transaction: Direct common stock holdings remain at 0 shares; the reporting person continues to hold 21,822,932 derivative stock options.

Significance Assessment

• Trading Significance: Medium
• Context: This transaction represents an exercise-and-sell under a Rule 10b5-1 plan rather than an unprogrammed discretionary open-market disposal. While the direct common equity holding sits at zero, the insider retains substantial exposure through over 21.8 million stock options.