Blake Sarah 4
4 · Venture Global, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Venture Global (VG) SVP Sarah Blake Sells 200,000 Shares
What Happened
Sarah Blake, SVP and Chief Accounting Officer of Venture Global (VG), exercised 200,000 options on 2026-03-19 (cost $1.55/share, $310,000 total) and sold 200,000 shares the same day in an open-market transaction for a weighted average price of $16.00/share (total proceeds reported $3,200,420). The filing also shows a 500,000-share award (derivative) dated 2026-03-18 that appears to be a stock-option grant subject to vesting.
Key Details
- Transaction dates: 2026-03-18 (500,000-share grant); 2026-03-19 (exercise and sale).
- Exercise: 200,000 shares @ $1.55 → $310,000 paid.
- Sale: 200,000 shares @ weighted avg $16.00 → $3,200,420 proceeds (footnote F1: sale prices ranged $16.00–$16.06).
- Additional derivative entries: a 200,000-share derivative disposal at $0 on 3/19 (consistent with the exercised-and-sold activity shown).
- Vesting/award notes: 500,000-share grant dated 3/18 is subject to quarterly vesting over 16 quarters (F2). A referenced stock option is noted as fully vested and exercisable (F3).
- Shares owned after transaction: not specified in the provided summary.
- Filing: Report filed 2026-03-19 covering 3/18–3/19 transactions; no late filing flag provided in the supplied data.
Context
This sequence—exercising options and selling the resulting shares the same day—is commonly a cashless exercise plus immediate sale and results in realized proceeds (here ~ $3.2M). Sales by executives can be routine (liquidity/tax needs) and do not by themselves indicate company outlook; purchases tend to be more informative about bullish insider sentiment. The 500,000-share grant is subject to multi-quarter vesting, so those shares/options are not immediately fully vested unless otherwise indicated.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-19$1.55/sh+200,000$310,000→ 200,000 total - Sale
Class A Common Stock
[F1]2026-03-19$16.00/sh−200,000$3,200,420→ 0 total - Award
Stock Options
[F2]2026-03-18+500,000→ 500,000 totalExercise: $12.97Exp: 2036-03-18→ Class A Common Stock (500,000 underlying) - Exercise/Conversion
Stock Options
[F3]2026-03-19−200,000→ 8,390,663 totalExercise: $1.55Exp: 2030-01-31→ Class A Common Stock (200,000 underlying)
Footnotes (3)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.06 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any securityholder of the Issuer, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]This stock option shall vest in equal quarterly installments on each of the first 16 quarterly anniversaries of the grant date, subject to the reporting person's continuous service through each applicable vesting date.
- [F3]This stock option is fully vested and exercisable.