Virgin Galactic (SPCE) Form 4: Officer Withholds 51 Shares at $4.14
Virgin Galactic (SPCE) reported an insider transaction by officer Aparna Chitale (CPO & EVP, Customer Operations).
Rhea-AI Filing Summary
Virgin Galactic (SPCE) reported an insider transaction by officer Aparna Chitale (CPO & EVP, Customer Operations). On 10/21/2025, 51 shares of common stock were withheld at $4.14 per share under transaction code F, which reflects shares withheld to cover taxes upon the quarterly vesting of restricted stock units granted on September 30, 2021. Following this administrative withholding, the reporting person directly beneficially owns 8,787 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 51 shares
Exercise Price or Tax Liability
1 txn
Insider
Chitale Aparna
Role
CPO & EVP, Customer Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 51 | $4.14 | $211.14 |
Holdings After Transaction:
Common Stock — 8,787 shares (Direct)
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 quarterly vesting of restricted stock units granted on September 30, 2021.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SPCE disclose in this Form 4?
An officer reported a code F transaction where 51 shares were withheld for taxes on 10/21/2025 at $4.14 per share.
Who is the reporting person in SPCE’s filing?
Aparna Chitale, CPO & EVP, Customer Operations.
What does transaction code F mean here?
Code F indicates shares were withheld to cover tax obligations upon RSU vesting.
What triggered the tax withholding?
The quarterly vesting of RSUs granted on September 30, 2021 triggered the withholding.
Was this an open-market purchase or sale?
No. It was an administrative tax withholding associated with RSU vesting, not an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.