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Director Craig S. Kreeger granted 21,816 RSUs at Virgin Galactic (SPCE)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kreeger Craig S reported acquisition or exercise transactions in this Form 4 filing.

Virgin Galactic Holdings director Craig S. Kreeger received an equity award of 21,816 restricted stock units. The RSUs vest in full on the one-year anniversary of the grant date, or on the next annual stockholder meeting date if that occurs earlier and he does not stand for re-election. After this grant, he directly holds 73,448 shares of common stock, reflecting a one-share rounding correction.

Positive

  • None.

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Insider Kreeger Craig S
Role null
Type Security Shares Price Value
Grant/Award Common Stock 21,816 $0.00 --
Holdings After Transaction: Common Stock — 73,448 shares (Direct, null)
Footnotes (1)
  1. Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting. The reported balance was adjusted by one share due to a rounding correction.
RSU grant size 21,816 shares Restricted stock units awarded to Craig S. Kreeger
Grant price $0.00 per share Compensation-related RSU award, not a market purchase
Shares held after grant 73,448 shares Direct holdings following the RSU award and rounding correction
Vesting schedule One year from grant or next annual meeting RSUs vest on one-year anniversary or earlier annual meeting if not standing for re-election
Rounding adjustment 1 share Reported balance adjusted by one share due to rounding correction
restricted stock units (RSUs) financial
"Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
annual meeting of stockholders financial
"if the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date"
grant date financial
"which vests in full on the one-year anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
rounding correction financial
"The reported balance was adjusted by one share due to a rounding correction."
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SEC Form 4
FORM 4UNITED 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*
Kreeger Craig S

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A21,816(1)A$073,448(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock units (RSUs), which vests in full on the one-year anniversary of the grant date; provided that, if (i) Reporting Person will not stand for re-election to continue to serve on the Board following the date of the Issuer's next annual meeting of stockholders following the grant date and (ii) the next annual meeting date is earlier than the one-year anniversary of the grant date, then the RSUs will vest on the next annual meeting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
2. The reported balance was adjusted by one share due to a rounding correction.
Remarks:
/s/ Sarah Kim, Attorney-in-Fact for Craig S. Kreeger06/12/2026
** Signature of Reporting PersonDate
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 Craig S. Kreeger report at Virgin Galactic (SPCE)?

Craig S. Kreeger reported receiving an award of 21,816 restricted stock units in Virgin Galactic common stock. This was a compensation-related grant at no purchase price and increased his direct holdings to 73,448 shares following the transaction, including a one-share rounding adjustment.

How many Virgin Galactic (SPCE) shares does Craig S. Kreeger hold after this Form 4?

Following the RSU grant, Craig S. Kreeger directly holds 73,448 shares of Virgin Galactic common stock. This balance includes both the newly granted 21,816 restricted stock units and a one-share adjustment related to a rounding correction noted in the filing footnotes.

What are the vesting terms of Craig S. Kreeger’s RSU award at Virgin Galactic (SPCE)?

The 21,816 RSUs vest in full on the one-year anniversary of the grant date. If the next annual stockholder meeting occurs earlier and he will not stand for re-election, the RSUs instead vest on that meeting date, then settle in common shares upon vesting.

Did Craig S. Kreeger buy or sell Virgin Galactic (SPCE) shares in this Form 4?

He did not report an open-market buy or sell. The Form 4 shows a grant of 21,816 restricted stock units as compensation, with a transaction code indicating a grant or award acquisition at a price of $0.00 per share rather than a market transaction.

What does the rounding correction footnote mean in Craig S. Kreeger’s Virgin Galactic (SPCE) filing?

A footnote explains that the reported share balance was adjusted by one share due to a rounding correction. This small technical adjustment ensures the post-transaction holding figure of 73,448 shares accurately reflects Craig S. Kreeger’s direct ownership after the RSU grant.