Virgin Galactic exec has shares withheld for taxes
Virgin Galactic Holdings, Inc. executive Sarah E. Kim, EVP, CLO & Corporate Secretary, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Virgin Galactic Holdings, Inc. executive Sarah E. Kim, EVP, CLO & Corporate Secretary, reported a routine tax-related share disposition. On March 24, 2026, 17 shares of common stock were withheld by the company to cover her tax obligation when restricted stock units granted on December 5, 2022 vested. After this withholding, she directly holds 7,008 shares of Virgin Galactic common stock. This was a tax-withholding event, not an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17 | $2.42 | $41.14 |
Footnotes (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 vesting of restricted stock units granted on December 5, 2022.
FAQ
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What insider transaction did Virgin Galactic (SPCE) report for executive Sarah E. Kim?
Was the Virgin Galactic (SPCE) insider transaction by Sarah E. Kim an open-market sale?
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