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Venture global director Jimmy Staton sells $881k in stock

Venture global director Jimmy Staton sells $881k in stock

Venture Global director Jimmy D. Staton sold 66,000 shares of the company's Class A Common Stock for a total of $881,034 on August 13, 2026. The shares were traded between $13.30 and $13.55 per share, with an average price of $13.349 per share. This sale came after Staton bought 1.1 million shares of the same stock through exercised stock options on the same day, paying $869,000 for them.

These options became exercisable after the company's stock split before going public. Currently, Staton owns 1.083 million Class A shares and holds 1.160165 derivative securities in the form of stock options. Venture Global, valued at $34.8 billion, has a P/E ratio of 11.03 and is considered undervalued by InvestingPro analysis.

The company reported stronger-than-expected Q2 2026 financial results, with adjusted earnings per share of $0.51 versus the expected $0.29, and a 48% revenue increase to $4.58 billion. Additionally, Venture Global raised its full-year EBITDA outlook and increased its quarterly dividend. Despite these positive developments, the stock saw a premarket decline due to concerns over LNG price volatility and market caution.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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