Cothran Brian 4
4 · Venture Global, Inc. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Venture Global (VG) COO Brian Cothran Receives Award of 500,000 Options
What Happened Brian Cothran, Chief Operating Officer of Venture Global, was granted a derivative equity award covering 500,000 shares on 2026-03-18. The award was reported as acquired at $0.00 (no cash paid) and is structured as a stock option/award rather than an open-market purchase or sale, so it does not represent an immediate buy or sell of shares.
Key Details
- Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (timely filing).
- Award: 500,000-share derivative award reported at $0.00; total reported value $0.
- Vesting: Per footnote F1, the stock option vests in equal quarterly installments over the first 16 quarterly anniversaries of the grant date (i.e., roughly four years), subject to continued service.
- Footnotes: F2 and F4 note prior smaller option grants were adjusted for a pre-IPO stock split; F3 notes another previously reported option is fully vested and exercisable (separate from this 500k grant).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context This was an equity award (derivative grant) to an executive, not a market purchase or sale. Such grants are common as long-term retention/compensation and do not necessarily signal immediate insider buying or selling. Because the award vests over time, any future insider purchases or exercises would be reported separately when they occur.
Insider Transaction Report
- Award
Stock Options
[F1]2026-03-18+500,000→ 500,000 totalExercise: $12.97Exp: 2036-03-18→ Class A Common Stock (500,000 underlying)
- 22,601,658
Stock Options
[F2][F3]Exercise: $1.16Exp: 2030-09-15→ Class A Common Stock - 4,520,331
Stock Options
[F4][F1]Exercise: $3.39Exp: 2032-05-12→ Class A Common Stock
Footnotes (4)
- [F1]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.
- [F2]This stock option was previously reported as covering 5,000 shares of Class A Common Stock at an exercise price of $5,200 per share but was adjusted to reflect the stock split that occurred immediately prior to the consummation of the Issuer's initial public offering (the "Stock Split").
- [F3]This stock option is fully vested and exercisable.
- [F4]This stock option was previously reported as covering 1,000 shares of Class A Common Stock at an exercise price of $15,300 per share but was adjusted to reflect the Stock Split.