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Venture Global general counsel Keith Larson sells $7.49m in stock

Venture Global general counsel Keith Larson sells $7.49m in stock

Venture Global's general counsel Keith Larson divested himself of $7.49 million worth of the company's Class A Common Stock on August 13, 2026. The shares were sold at an average price of $13.48 each, with individual transactions ranging in price from $13.17 to $13.81. This sale was a result of exercising stock options, allowing Larson to purchase 555,555 shares at $0.79 per share, totaling $438,888.

The stock options had already been vested and were exercisable. Following this sale, Larson still retains 2,589,287 derivative securities, including stock options. Recently, Venture Global reported impressive second-quarter 2026 earnings, surpassing market expectations with adjusted earnings per share of $0.51, a significant jump from the predicted $0.29.

The company's revenue grew by 48% year-over-year, reaching $4.58 billion. They also raised their full-year EBITDA outlook and increased their quarterly dividend. Despite these positive results, the company's stock price dipped, likely due to concerns over LNG price volatility and broader market uncertainty. Analysts are keeping a close eye on Venture Global's financial and market situation as they evaluate the company's future outlook. This report was AI-generated and edited by a human for accuracy.

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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