[Form 4] Virgin Galactic Holdings, Inc Insider Trading Activity

Rhea-AI Filing Summary

Virgin Galactic Holdings, Inc. CEO and President Michael Colglazier, who is also a director, reported routine equity award activity. On 12/30/2025, 2,272 restricted stock units were converted into common stock at an exercise price of $0. On the same date, the issuer withheld 1,224 and 797 common shares at $3.15 per share to cover tax obligations tied to RSU vesting from grants made on March 17, 2022 and March 16, 2023.

After these transactions, Colglazier beneficially owned 33,792 common shares directly, plus indirect holdings of 15,892 shares in a family revocable trust and 1,692 shares in each of two family trusts for his sons. He also held 11,364 unvested RSUs from the March 16, 2023 grant, which convert into common stock on a one-for-one basis and vest 25% on March 16, 2024 with the remaining 75% in 12 quarterly installments beginning June 16, 2024, subject to continued service.

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

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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^*

Colglazier Michael A

(Last) (First) (Middle)

1700 FLIGHT WAY

(Street)

TUSTIN CA 92782

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [ SPCE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
12/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/30/2025		M		2,272	A	$0	35,016	D
Common Stock	12/30/2025		F		1,224(1)	D	$3.15	33,792	D
Common Stock	12/30/2025		F		797(2)	D	$3.15	32,995	D
Common Stock								15,892	I	By Family Revocable Trust
Common Stock								1,692	I	By Family Trust for Son 1
Common Stock								1,692	I	By Family Trust for Son 2

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	(3)	12/30/2025		M			2,272	(4)	(4)	Common Stock	2,272	$0	11,364(5)	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 granted on March 16, 2023.

2. 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 granted on March 17, 2022.

3. Restricted stock units convert into common stock on a one-for-one basis.

4. Represents an award of restricted stock units (the "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.

5. Represents only the unvested portion of the RSUs granted on March 16, 2023, and does not include restricted stock units with different vesting terms.

Remarks:

	/s/ Sarah Kim, Attorney-in-Fact for Michael Colglazier	12/31/2025
	** 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.

FAQ

What insider transaction did Virgin Galactic (SPCE) report for its CEO on 12/30/2025?

On 12/30/2025, CEO and President Michael Colglazier reported the conversion of 2,272 restricted stock units into common stock at an exercise price of $0, together with related tax-withholding share transactions.

How many Virgin Galactic (SPCE) shares does the CEO beneficially own after this Form 4?

Following the reported transactions, Michael Colglazier beneficially owned 33,792 common shares directly, plus indirect holdings of 15,892 shares in a family revocable trust and 1,692 shares in each of two family trusts for his sons.

What RSU-related tax withholding did Virgin Galactic (SPCE) report for its CEO?

The issuer withheld 1,224 and 797 common shares at a price of $3.15 per share to cover Michael Colglazier's tax obligations upon quarterly vesting of RSUs granted on March 17, 2022 and March 16, 2023.

What are the vesting terms of the March 16, 2023 RSU grant reported by Virgin Galactic (SPCE)?

The March 16, 2023 RSU award vests 25% on March 16, 2024, with the remaining 75% vesting in 12 quarterly installments beginning June 16, 2024, subject to Michael Colglazier's continued service.

How many unvested RSUs does the Virgin Galactic (SPCE) CEO hold after these transactions?

After the reported activity, Michael Colglazier held 11,364 unvested restricted stock units from the March 16, 2023 grant, each convertible into one share of common stock.

Can the Virgin Galactic (SPCE) RSUs be settled in cash instead of shares?

Yes. The RSUs from the March 16, 2023 grant may be settled in shares of common stock or, at the issuer's discretion, in cash upon vesting.