STOCK TITAN

Virgin Galactic (NYSE: SPCE) awards director 25,306 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mabus Raymond E reported acquisition or exercise transactions in this Form 4 filing.

Virgin Galactic Holdings, Inc. director Raymond E. Mabus reported a compensation-related equity grant. He received an award of 25,306 restricted stock units (RSUs) of common stock at no cash cost, bringing his direct holdings to 84,371 shares after the transaction.

The RSUs vest in full on the one-year anniversary of the grant date, or on the date of the next annual meeting of stockholders if that meeting occurs earlier and he does not stand for re-election. Upon vesting, the RSUs will be settled in shares of Virgin Galactic common stock, making this a stock-based compensation grant rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Mabus Raymond E
Role null
Type Security Shares Price Value
Grant/Award Common Stock 25,306 $0.00 --
Holdings After Transaction: Common Stock — 84,371 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 25,306 RSUs Equity award to director Raymond E. Mabus
Grant price $0.00 per share Restricted stock unit award with no cash cost
Shares held after grant 84,371 shares Direct holdings following reported Form 4 transaction
restricted stock units (RSUs) financial
"Represents an award of restricted stock units (RSUs), which vests in full"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
annual meeting of stockholders financial
"following the date of the Issuer's next annual meeting of stockholders"
vests in full financial
"which vests in full on the one-year anniversary of the grant date"
settled in shares financial
"The RSUs will be settled in shares of the Issuer's common stock"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Mabus Raymond E

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
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 Stock06/11/2026A25,306(1)A$084,371D
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
Explanation of Responses:
1. Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
Remarks:
/s/ Sarah Kim, Attorney-in-Fact for Raymond E. Mabus06/12/2026
** 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)

FAQ

What did Virgin Galactic (SPCE) director Raymond E. Mabus report in this Form 4?

Raymond E. Mabus reported receiving 25,306 restricted stock units as equity compensation. These RSUs were granted at no cash cost and increase his direct holdings to 84,371 shares of Virgin Galactic common stock, according to the Form 4 filing details.

How many Virgin Galactic (SPCE) shares does Raymond E. Mabus hold after this grant?

After the grant, Raymond E. Mabus holds 84,371 shares of Virgin Galactic common stock directly. This total includes the effect of the 25,306 restricted stock units reported in the Form 4, which represent stock-based compensation rather than an open-market purchase.

Is the Virgin Galactic (SPCE) Form 4 for Raymond E. Mabus a stock purchase or compensation grant?

The Form 4 reflects a compensation grant, not an open-market stock purchase. Raymond E. Mabus received 25,306 restricted stock units at a price of $0.00 per share, classified as a grant or award acquisition under the Form 4 transaction code A.

When do Raymond E. Mabus’s Virgin Galactic (SPCE) RSUs vest?

The 25,306 RSUs vest in full on the one-year anniversary of the grant date. If the next annual meeting of stockholders occurs earlier and he does not stand for re-election, they instead vest on that meeting date, according to the Form 4 footnote.

How will the Virgin Galactic (SPCE) RSUs granted to Raymond E. Mabus be settled?

The restricted stock units granted to Raymond E. Mabus will be settled in shares of Virgin Galactic common stock upon vesting. The Form 4 footnote specifies that the RSUs convert into common shares rather than cash, reinforcing their nature as stock-based compensation.