Form 4: TPVG CEO Labe Boosts Stake via 10b5-1 Plan

TriplePoint Venture Growth BDC Corp. CEO James Labe increased his beneficial ownership of common stock through a Rule 10b5-1 trading plan and dividend reinvestment.

Summary

• James Labe, Chief Executive Officer and Director of TriplePoint Venture Growth BDC Corp. (TPVG), reported acquisitions of common stock.
• A total of 117,166 shares were acquired indirectly by TriplePoint Capital LLC between December 22, 2025, and December 26, 2025, at prices ranging from $6.2863 to $6.3027 per share.
• These indirect purchases were made pursuant to a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025.
• Labe's indirect beneficial ownership through TriplePoint Capital LLC increased to 1,712,144 shares following these transactions.
• Labe also holds 250 shares indirectly in children's custodian trust accounts.
• Direct beneficial ownership includes 236,690.738 shares, which were partly received through TPVG's dividend reinvestment plan.

Sentiment

Score: 8

Explanation: The CEO's increased beneficial ownership, particularly through a pre-planned trading strategy and dividend reinvestment, suggests strong confidence in the company's valuation and future prospects.

Positives

• CEO James Labe increased his beneficial ownership in TriplePoint Venture Growth BDC Corp., signaling confidence in the company's future prospects.
• The acquisitions were made through a pre-planned Rule 10b5-1 trading plan, indicating a systematic and pre-determined approach to increasing ownership.
• Direct ownership also increased through the company's dividend reinvestment plan, demonstrating continued investment of dividends back into the company.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all or any of the reported shares for purposes of Section 16 or for any other purpose.

Industry Context

This filing reports an individual's stock transactions and does not provide broader industry trends or context.

Comparison to Industry Standards

• NA

Related Party Transactions

• Acquisition of 117,166 shares of common stock by TriplePoint Capital LLC, an entity related to the reporting person, James Labe, who is the CEO of TriplePoint Venture Growth BDC Corp.

Stakeholder Impact

• Shareholders: May view the CEO's increased stake as a positive signal of management confidence, potentially influencing investor sentiment.
• Management: Reinforces alignment of interests between the CEO and shareholders.

Next Steps

• Continued execution of the Rule 10b5-1 trading plan by TriplePoint Capital LLC.
• Ongoing participation in TPVG's dividend reinvestment plan.

Key Dates

Recommendation

The CEO's significant increase in beneficial ownership, executed through a pre-planned trading strategy and dividend reinvestment, signals strong confidence in the company's long-term value and future performance. This insider buying activity suggests management believes the stock is undervalued or has significant upside potential, making it an attractive opportunity for investors.

Keywords

TriplePoint Venture Growth BDC Corp., TPVG, James Labe, Insider Trading, Form 4, Stock Purchase, CEO, Director, 10b5-1 Plan, Beneficial Ownership, Dividend Reinvestment