Form 4: Venu Holding Corp Director David Lavigne Reports Gift of Shares and Updated Holdings

Venu Holding Corp Director and 10% Owner David Lavigne filed a Form 4, disclosing a gift of 2,340 shares of common stock and detailing his direct and indirect beneficial ownership, including compensatory warrants.

Summary

• David Lavigne, a Director and 10% Owner of Venu Holding Corp (VENU), filed a Statement of Changes in Beneficial Ownership (Form 4) with the SEC.
• On June 5, 2025, Mr. Lavigne disposed of 2,340 shares of Venu Holding Corp common stock, par value $0.001, as a bona fide gift.
• Following this transaction, Mr. Lavigne directly beneficially owns 179,300 shares of common stock.
• An additional 7,240 shares of common stock are indirectly owned by Mr. Lavigne's spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Mr. Lavigne also directly holds 20,000 compensatory warrants, which have an exercise price of $10 and are exercisable for common stock.
• These compensatory warrants were granted on February 28, 2024, and began vesting in two equal annual installments on February 28, 2025, with an expiration date of February 28, 2031.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (gift of shares) and details existing compensatory warrants. While a gift reduces direct ownership, the overall sentiment is neutral as it's a personal transaction and the warrant holding indicates continued alignment.

Positives

• Director David Lavigne holds 20,000 compensatory warrants, aligning his long-term interests with the company's performance and shareholder value creation.

Negatives

• Director David Lavigne gifted 2,340 shares of common stock, which represents a reduction in his direct beneficial ownership.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape. It solely focuses on changes in beneficial ownership for a specific insider.

Related Party Transactions

• Director David Lavigne made a bona fide gift of 2,340 shares of common stock.
• 7,240 shares of common stock are indirectly owned by Mr. Lavigne's spouse, with Mr. Lavigne disclaiming beneficial ownership except for his pecuniary interest.

Stakeholder Impact

• Shareholders: Provides transparency regarding changes in insider stock ownership and holdings, which can inform investment decisions.

Key Dates

Keywords

Venu Holding Corp, VENU, Form 4, Insider Transaction, Beneficial Ownership, Director, Stock Gift, Compensatory Warrant, SEC Filing