Virgin Galactic (NYSE: SPCE) CEO logs RSU vesting and tax share withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Virgin Galactic Holdings CEO Michael A. Colglazier reported routine equity compensation activity. On June 29, 2026, 2,273 restricted stock units (RSUs) granted on March 16, 2023 converted into the same number of common shares at $0.00 per share.

The company withheld 1,227 shares at $2.95 per share to cover his tax obligation, a non-market disposition. After these transactions, he directly holds 150,340 shares of common stock and 6,818 unvested RSUs from this grant. He also reports indirect holdings through family trusts.

Insider Trade Summary

2,273 shares exercised/converted

Mixed 6 txns

Insider Colglazier Michael A

Role CEO and President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,273	$0.00	--
Exercise	Common Stock	2,273	$0.00	--
Tax Withholding	Common Stock	1,227	$2.95	$4K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 6,818 shares (Direct, null); Common Stock — 150,340 shares (Direct, null); Common Stock — 15,892 shares (Indirect, By Family Revocable Trust)

Footnotes (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 ("RSUs") granted on March 16, 2023. RSUs convert into common stock on a one-for-one basis. Represents an award of 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. Represents only the unvested portion of the RSUs granted on March 16, 2023, and does not include RSUs with different vesting terms.

Key Figures

RSUs converted: 2,273 shares Tax withholding shares: 1,227 shares Tax withholding price: $2.95/share +5 more

8 metrics

RSUs converted 2,273 shares RSUs granted March 16, 2023, converted June 29, 2026

Tax withholding shares 1,227 shares Shares withheld to cover tax at $2.95 per share

Tax withholding price $2.95/share Price used for shares withheld for tax obligation

Direct shares after transaction 150,340 shares Common stock directly held after June 29, 2026 transactions

Unvested RSUs remaining 6,818 units Unvested portion of March 16, 2023 RSU grant

Family Revocable Trust holdings 15,892 shares Common stock held indirectly by Family Revocable Trust

Family Trust Son 1 holdings 1,692 shares Common stock held indirectly by Family Trust for Son 1

Family Trust Son 2 holdings 1,692 shares Common stock held indirectly by Family Trust for Son 2

Key Terms

Restricted Stock Units, tax withholding obligation, Family Revocable Trust, one-for-one basis, +1 more

5 terms

Restricted Stock Units financial

"Represents an award of RSUs granted on March 16, 2023, which vested with respect to 25% of the RSUs..."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligation financial

"Represents the number of shares of common stock withheld by the Issuer to cover the Reporting Person's tax withholding obligation..."

Family Revocable Trust financial

"nature_of_ownership: By Family Revocable Trust"

one-for-one basis financial

"RSUs convert into common stock on a one-for-one basis."

unvested portion financial

"Represents only the unvested portion of the RSUs granted on March 16, 2023..."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 04:29 PM Accepted by SEC EDGAR 06/30/2026 - 04:28 PM

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

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^*

Colglazier Michael A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/29/2026		M		2,273	A	$0	150,340	D
Common Stock	06/29/2026		F		1,227⁽¹⁾	D	$2.95	149,113	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	06/29/2026		M			2,273	⁽³⁾	⁽³⁾	Common Stock	2,273	$0	6,818⁽⁴⁾	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 ("RSUs") granted on March 16, 2023.

2. RSUs convert into common stock on a one-for-one basis.

3. Represents an award of 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.

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

Remarks:

	/s/ Sarah Kim, Attorney-in-Fact for Michael Colglazier	06/30/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Virgin Galactic (SPCE) CEO Michael Colglazier report in this Form 4?

He reported routine equity compensation activity. 2,273 RSUs granted on March 16, 2023 converted into common stock, with some shares withheld to cover taxes and the remainder increasing his direct ownership in Virgin Galactic.

How many Virgin Galactic shares were withheld for taxes in this SPCE Form 4?

The company withheld 1,227 shares of Virgin Galactic common stock at $2.95 per share. This covered Michael Colglazier’s tax obligation tied to the vesting of his restricted stock units and is not an open-market sale transaction.

How many Virgin Galactic shares does the SPCE CEO hold after this filing?

Following these transactions, Michael Colglazier directly holds 150,340 shares of Virgin Galactic common stock. He also has additional indirect holdings reported through family trusts, plus unvested RSUs that may settle in stock or cash upon future vesting.

What RSU grant is referenced in Michael Colglazier’s Virgin Galactic Form 4?

The filing references RSUs granted on March 16, 2023. Twenty-five percent vested on March 16, 2024, and the remaining 75% vest in 12 quarterly installments beginning June 16, 2024, subject to his continued service with Virgin Galactic.

How many unvested RSUs remain for the Virgin Galactic CEO in this grant?

After the June 29, 2026 vesting event, 6,818 unvested RSUs from the March 16, 2023 grant remain outstanding. These RSUs may be settled in Virgin Galactic common stock or, at the company’s discretion, in cash when they vest.

Does this Virgin Galactic Form 4 show open-market buying or selling by the CEO?

No open-market purchases or sales are reported. The activity consists of RSUs converting into common stock and shares withheld by Virgin Galactic to satisfy tax obligations, which is a standard, non-market equity compensation mechanism for executives.