Venture Global, Inc. insider Jonathan W. Thayer reported transactions in the company’s Class A common stock that occurred on July 20, 2026, in a Form 4 filed the following day. The filing reports that Thayer acquired 111,111 shares of Class A common stock through the exercise of a stock option at an exercise price of $1.16 per share. The option was described as fully vested and exercisable, indicating there were no remaining vesting conditions tied to that award at the time of exercise. This type of option exercise is typically reported on Form 4 with transaction code “M.” The filing also reports sales of Class A common stock, with the sale prices disclosed as weighted average prices because the shares were sold in multiple transactions. One reported sale group was executed at prices ranging from $13.65 to $14.60 per share, inclusive. A second reported sale group was executed at prices ranging from $13.89 to $14.54 per share, inclusive. These open-market sale transactions are generally reported with transaction code “S.” The filing notes that Thayer will provide, upon request by SEC staff, Venture Global, or any Venture Global securityholder, full details on the number of shares sold at each individual price within the disclosed ranges. The provided filing text does not show the total number of shares sold in each sale group or Thayer’s beneficial ownership after the transactions. It does, however, make clear that the activity involved a fully vested stock-option exercise at a low strike price followed by sales of Class A common stock at market prices substantially above the $1.16 exercise price. The filing was signed on Thayer’s behalf by Keith Larson as attorney-in-fact.