Virgin Galactic CFO gains shares from RSU vesting

Virgin Galactic Holdings Chief Financial Officer Douglas T. Ahrens had 1,377 Restricted Stock Units from a March 16, 2023 grant vest and convert into common stock on June 29, 2026.

Rhea-AI Filing Summary

Virgin Galactic Holdings Chief Financial Officer Douglas T. Ahrens had 1,377 Restricted Stock Units from a March 16, 2023 grant vest and convert into common stock on June 29, 2026. To satisfy taxes, 743 of the resulting shares were withheld by the issuer at $2.95 per share. Footnotes state these RSUs convert into common stock on a one-for-one basis and continue to vest in quarterly installments, with 4,130 units remaining unvested from this grant. After these transactions, Ahrens directly holds 87,904 shares of Virgin Galactic common stock.

Insider Trade Summary

1,377 shares exercised/converted

Exercise 3 txns

Insider Ahrens Douglas T

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,377	$0.00	$0.00
Exercise	Common Stock	1,377	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	743	$2.95	$2K

Holdings After Transaction: Restricted Stock Units — 4,130 contracts (Direct); Common Stock — 87,904 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.

Key Figures

RSUs vested and converted: 1,377 shares Shares withheld for taxes: 743 shares Tax withholding price: $2.9500 per share +2 more

5 metrics

RSUs vested and converted 1,377 shares Restricted Stock Units from a March 16, 2023 grant converted into common stock on 2026-06-29

Shares withheld for taxes 743 shares Shares withheld by the issuer to cover the reporting person's tax withholding obligation

Tax withholding price $2.9500 per share Per-share value used in the tax-withholding share disposition

Post-transaction common stock holdings 87,904 shares Direct common stock held by Douglas T. Ahrens after the June 29, 2026 transactions

Unvested RSUs remaining 4,130 units Unvested portion of RSUs granted on March 16, 2023, as described in footnotes

Key Terms

Restricted Stock Units, tax withholding obligation, vest in 12 quarterly installments

3 terms

Restricted Stock Units financial

"Represents an award of RSUs granted on March 16, 2023"

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.

tax withholding obligation financial

"withheld by the Issuer to cover the Reporting Person's tax withholding obligation"

vest in 12 quarterly installments financial

"the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter"

FAQ

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

What insider transaction did Virgin Galactic (SPCE) report for CFO Douglas T. Ahrens?

CFO Douglas T. Ahrens had 1,377 Restricted Stock Units vest and convert into common stock. On the same date, 743 of those shares were withheld by the issuer to cover tax obligations, leaving him with increased direct ownership of company stock.

How many Virgin Galactic (SPCE) shares does CFO Douglas T. Ahrens hold after this Form 4?

After the reported transactions, Douglas T. Ahrens directly holds 87,904 shares of Virgin Galactic common stock. This figure reflects his post-transaction position and incorporates the RSU vesting and related tax-withholding share disposition reported for June 29, 2026.

What tax-related action occurred in the Virgin Galactic (SPCE) CFO’s Form 4?

The company withheld 743 shares of common stock from Douglas T. Ahrens at $2.95 per share to cover his tax withholding obligation. These shares were delivered back to the issuer rather than sold on the open market, tied to the RSU vesting event.

What are the vesting terms of the RSUs reported for Virgin Galactic (SPCE) CFO Douglas T. Ahrens?

Footnotes state the RSUs were granted on March 16, 2023, with 25% vesting on March 16, 2024 and the remaining 75% vesting in 12 quarterly installments beginning June 16, 2024, subject to his continued service and settlement in stock or cash.

How many unvested RSUs remain for the Virgin Galactic (SPCE) CFO from this grant?

Footnotes indicate that 4,130 Restricted Stock Units from the March 16, 2023 grant remain unvested. This figure refers only to the unvested portion of that specific RSU award and does not include any other RSUs with different vesting terms.

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

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Accepted by SEC EDGAR 06/30/2026 - 04:29 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/29/2026		M		1,377	A	$0	88,647	D
Common Stock	06/29/2026		F		743(1)	D	$2.95	87,904	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	06/29/2026		M			1,377	(3)	(3)	Common Stock	1,377	$0	4,130(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. Ahrens	06/30/2026
	** Signature of Reporting Person	Date
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)