Virgin Galactic (SPCE) awards 285,434 RSUs to CPO & EVP Chitale

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.

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^*

Chitale Aparna

(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)
	CPO & EVP, Customer Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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	(1)	03/19/2026		A		285,434		(1)	(1)	Common Stock	285,434	$0	285,434	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Sarah Kim, Attorney-in-Fact for Aparna Chitale	03/23/2026
	** 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)

FAQ

What insider transaction did Virgin Galactic (SPCE) report for Aparna Chitale?

Virgin Galactic reported a grant of 285,434 restricted stock units to CPO & EVP, Customer Operations Aparna Chitale. The award is compensation-related, not an open-market share purchase or sale, and represents her reported direct RSU holdings after the transaction.

How many restricted stock units were granted to the Virgin Galactic (SPCE) executive?

Aparna Chitale was granted 285,434 restricted stock units. These units represent a form of equity-based compensation that can convert into common stock or cash, aligning the executive’s interests with company performance over time through vesting.

What is the vesting schedule for the new Virgin Galactic (SPCE) RSU award?

The 285,434 RSUs vest in three equal annual installments. One-third of the units will vest on each of the first three anniversaries of the grant date, provided Aparna Chitale continues her service with Virgin Galactic through each applicable vesting date.

Can the Virgin Galactic (SPCE) RSUs be settled only in stock?

No, the RSUs may be settled in shares of Virgin Galactic common stock or, at the company’s discretion, in cash. This flexibility allows the company to choose how to deliver value when each portion of the RSU award vests.

How many Virgin Galactic (SPCE) RSUs does Aparna Chitale hold after this transaction?

After this grant, Aparna Chitale is reported as holding 285,434 restricted stock units directly. This figure reflects her RSU position following the award disclosed in the filing, and it ties her potential future compensation to Virgin Galactic’s performance.

Is the Virgin Galactic (SPCE) RSU grant an open-market buy or sell?

The RSU grant is not an open-market buy or sell; it is a compensation award. The Form 4 uses transaction code “A” for a grant or award, indicating acquisition of derivative securities as part of her executive compensation package rather than trading in the market.