U.S. LNG Export Stockholder Sells 1 Million Shares After Exercising Options

Keith D. Larson, General Counsel at U.S. LNG exporter Venture Global, Inc. (NYSE: VG), exercised stock options on April 15 and 16 to acquire roughly 1.11 million Class A common shares at $0.79 each. He immediately sold the same number of shares on the open market at about $12 per share, generating approximately $14 million (around KRW 20 billion) in proceeds. According to the company filing, these options were fully vested before their July 1, 2027 expiration. After the transaction, Larson retained about 555,000 shares—equivalent to roughly $7 million (KRW 10 billion) in equity value—under a standard cash-settlement structure, with exercised and sold share quantities matching exactly.

In its recently filed 2025 annual report, Venture Global disclosed annual revenue of about $13.7 billion and net income near $2.2 billion, reflecting a substantial expansion in its LNG export volumes. The company has also secured decades-long LNG supply agreements with major customers such as Spain’s Naturgy, underpinned by its Louisiana export facilities at Calcasieu Pass, Plaquemines and the CP2 LNG project. (fintool.com)

Founded in 2013, Venture Global is a U.S. low-cost LNG producer and exporter that began trading on the New York Stock Exchange under ticker VG in January 2025. By bringing its large-scale Calcasieu Pass and Plaquemines complexes online in phases, the company aims to become one of the nation’s largest LNG exporters. (finance.yahoo.com)