Form 4: TPVG President & CIO Boosts Stake via 10b5-1 Plan

Sajal Srivastava, President and CIO of TriplePoint Venture Growth BDC Corp., increased his indirect beneficial ownership of common stock through a pre-arranged 10b5-1 trading plan.

Summary

• Sajal Srivastava, President and CIO of TriplePoint Venture Growth BDC Corp. (TPVG), acquired additional common stock.
• On January 7, 2026, 30,877 shares were acquired at $6.431 per share.
• On January 8, 2026, 16,833 shares were acquired at $6.6062 per share.
• These purchases were made indirectly through TriplePoint Capital LLC, pursuant to a Rule 10b5-1 trading plan adopted on November 6, 2025.
• Following these transactions, the indirect beneficial ownership by TriplePoint Capital LLC increased to 1,958,690 shares.
• Srivastava also directly owns 306,975.886 shares received via TPVG's dividend reinvestment plan.

Sentiment

Score: 8

Explanation: The insider buying by a key executive, especially through a pre-planned trading program, indicates strong confidence in the company's future performance and valuation. This is generally a very positive signal for investors.

Positives

• Insider buying by a key executive (President and CIO) signals confidence in the company's future prospects.
• The purchases were made at market prices, indicating a belief that the stock is a good value.
• The use of a Rule 10b5-1 plan demonstrates a pre-planned, systematic approach to increasing ownership.

Risks

• The reporting person disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest, which could limit his direct financial exposure or liability for those shares.

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

Insider buying by a key executive in a Business Development Company (BDC) like TriplePoint Venture Growth BDC Corp. can be viewed positively by the market, suggesting management's belief in the company's valuation and future performance within the venture debt and growth equity financing sector.

Comparison to Industry Standards

• NA

Related Party Transactions

• The transactions were conducted by TriplePoint Capital LLC, which is likely a related entity given the reporting person's role as President and CIO of TriplePoint Venture Growth BDC Corp. and the name similarity.

Stakeholder Impact

• Shareholders: May view the insider buying as a positive indicator of future stock performance and management alignment with shareholder interests.
• Management/Employees: Reinforces confidence in the company's direction and stability.

Key Dates

Recommendation

The significant insider buying by the President and CIO, Sajal Srivastava, through a Rule 10b5-1 plan, signals strong conviction in TriplePoint Venture Growth BDC Corp.'s future. Such actions by a high-level executive, especially when executed systematically, often precede positive company developments or reflect a belief that the stock is undervalued. This aligns management's interests with shareholders and suggests a favorable outlook, warranting a 'buy' recommendation for investors seeking exposure to the BDC sector.

Keywords

TriplePoint Venture Growth BDC Corp, TPVG, Sajal Srivastava, Insider Buying, Form 4, Beneficial Ownership, Rule 10b5-1, Director, President, CIO, BDC, Investment