Virgin Galactic grants 285K RSUs to CPO
Chitale Aparna reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chitale Aparna reported acquisition or exercise transactions in this Form 4 filing.
Virgin Galactic Holdings, Inc. reported that CPO & EVP, Customer Operations Aparna Chitale received a grant of 285,434 restricted stock units (RSUs). These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to continued service. Each RSU may be settled in either common stock or cash at the company’s discretion, and following this award Chitale is reported as holding 285,434 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 285,434 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units (the "RSUs"), which will vest in three annual installments as follows: one-third of the RSUs will vest on each of the first three anniversaries of the Grant Date, 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, in cash.
FAQ
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What insider transaction did Virgin Galactic (SPCE) report for Aparna Chitale?
How many restricted stock units were granted to the Virgin Galactic (SPCE) executive?
What is the vesting schedule for the new Virgin Galactic (SPCE) RSU award?
Can the Virgin Galactic (SPCE) RSUs be settled only in stock?
How many Virgin Galactic (SPCE) RSUs does Aparna Chitale hold after this transaction?
Is the Virgin Galactic (SPCE) RSU grant an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.