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Virgin Galactic CFO acquires 1,377 shares from grant

The chief financial officer’s quarterly RSU vesting included issuer withholding of 743 shares for tax obligations.

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Form Type
4

Rhea-AI Filing Summary

Virgin Galactic Holdings, Inc. (SPCE) Chief Financial Officer Douglas T. Ahrens exercised 1,377 restricted stock units on October 5, 2026, converting them one-for-one into 1,377 common shares. Virgin Galactic withheld 743 common shares to cover his tax-withholding obligation upon quarterly vesting, at a reported price of 3.03 per share. The post-transaction amount was 2,753 unvested RSUs from the March 16, 2023 award; this excludes RSUs with different vesting terms.

Insider Ahrens Douglas T
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F3, F4 1,377 $0.00 $0.00
Exercise Common Stock 1,377 $0.00 $0.00
Tax Withholding Common Stock F1 743 $3.03 $2K
Holdings After Transaction: Restricted Stock Units — 2,753 contracts (Direct); Common Stock — 88,538 shares (Direct)
Footnotes (4)
  1. F1. Represents the number of shares of common stock withheld by the Issuer to cover the Reporting Person's tax withholding obligation upon the quarterly vesting of restricted stock units ("RSUs") granted on March 16, 2023.
  2. F2. RSUs convert into common stock on a one-for-one basis.
  3. F3. Represents an award of RSUs granted on March 16, 2023, which vested with respect to 25% of the RSUs on March 16, 2024, and the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter, beginning June 16, 2024, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting.
  4. F4. Represents only the unvested portion of the RSUs granted on March 16, 2023, and does not include RSUs with different vesting terms.
Restricted stock units exercised 1,377 RSUs October 5, 2026
Common shares acquired 1,377 shares Upon conversion of RSUs on October 5, 2026
Common shares withheld 743 shares For tax withholding upon quarterly vesting on October 5, 2026
Reported price per share 3.03 per share Common shares withheld for tax withholding
Unvested RSUs after transaction 2,753 RSUs Unvested portion of the March 16, 2023 award; excludes RSUs with different vesting terms
Restricted Stock Units financial
"quarterly vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"RSUs convert into common stock on a one-for-one basis"
tax withholding obligation financial
"withheld by the Issuer to cover the Reporting Person's tax withholding obligation"
unvested portion financial
"only the unvested portion of the RSUs granted"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did SPCE CFO Douglas T. Ahrens exercise?

Douglas T. Ahrens exercised 1,377 restricted stock units for 1,377 common shares on October 5, 2026. Virgin Galactic withheld 743 shares for his tax-withholding obligation at 3.03 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ahrens Douglas T

(Last)(First)(Middle)
1700 FLIGHT WAY

(Street)
TUSTIN CALIFORNIA 92782

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [ SPCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/05/2026M1,377A$089,281D
Common Stock10/05/2026F743(1)D$3.0388,538D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)10/05/2026M1,377 (3) (3)Common Stock1,377$02,753(4)D
Explanation of Responses:
1. Represents the number of shares of common stock withheld by the Issuer to cover the Reporting Person's tax withholding obligation upon the quarterly vesting of restricted stock units ("RSUs") granted on March 16, 2023.
2. RSUs convert into common stock on a one-for-one basis.
3. Represents an award of RSUs granted on March 16, 2023, which vested with respect to 25% of the RSUs on March 16, 2024, and the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter, beginning June 16, 2024, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs may be settled in shares of the Issuer's common stock or, in the Issuer's discretion, cash, upon vesting.
4. Represents only the unvested portion of the RSUs granted on March 16, 2023, and does not include RSUs with different vesting terms.
Remarks:
/s/ Sarah Kim, Attorney-in-Fact for Douglas T. Ahrens10/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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