Jonathan W. Thayer, Chief Financial Officer of Venture Global, Inc., filed a Form 4 on September 21, 2026, disclosing the exercise of stock options and the sale of 222,222 shares of Class A Common Stock across two trading days.

Key Highlights

  • Two-day transaction: Thayer exercised options and sold shares on both September 17 and September 18, 2026, 111,111 shares each day.
  • Option exercise price: Stock options were exercised at $1.16 per share on both dates, with the filing noting the options are fully vested and exercisable.
  • September 17 sale price: 111,111 shares were sold at a weighted average price of $14.3958, with individual transactions ranging from $14.19 to $14.57 per share.
  • September 18 sale price: 111,111 shares were sold at a weighted average price of $14.2273, with individual transactions ranging from $14.04 to $14.50 per share.
  • Remaining options: Following the reported transactions, Thayer held 18,046,102 stock options directly, with an expiration date of June 17, 2030.
  • Rule 10b5-1 plan: The filing indicates transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Post-transaction direct ownership: Beneficial ownership of Class A Common Stock directly held by Thayer following both sales is reported as 0.00 shares.

Venture Global CFO's Option Exercise and Share Sales: Transaction Detail

According to the Form 4 filed with the SEC on September 21, 2026, Jonathan W. Thayer, identified as Chief Financial Officer of Venture Global, Inc. (NYSE:VG), reported two sets of transactions involving Class A Common Stock. On September 17, 2026, Thayer exercised stock options covering 111,111 shares at an exercise price of $1.16 per share, then disposed of the same 111,111 shares at a weighted average sale price of $14.3958. The filing notes those shares were sold across multiple transactions at prices ranging from $14.19 to $14.57 per share.

On September 18, 2026, Thayer repeated the same sequence: exercising options for another 111,111 shares at $1.16 per share and selling all 111,111 shares at a weighted average price of $14.2273, with individual sale prices ranging from $14.04 to $14.50 per share. The filing states that the reporting person undertakes to provide full pricing detail upon request by the SEC staff, the issuer, or any securityholder.

The stock options exercised on both dates carry an expiration date of June 17, 2030, and the filing confirms they are "fully vested and exercisable." After the September 17 exercise and sale, remaining option holdings stood at 18,157,213; after the September 18 transactions, that figure declined to 18,046,102. The Form 4 was signed by Keith Larson as Attorney-in-Fact for Thayer Jonathan W, and the box indicating a Rule 10b5-1(c) plan was checked.

What Was Disclosed

Venture Global's CFO disclosed the exercise of stock options totaling 222,222 shares across two dates and the same-day sale of all exercised shares, leaving direct Class A Common Stock holdings at zero. The transactions were conducted under a Rule 10b5-1(c) plan.