Virgin Galactic: Chitale converts grant to 524 shares

Q: How many SPCE shares did Aparna Chitale receive and have withheld?

Aparna Chitale converted 524 RSUs into 524 common shares on October 5, 2026; the issuer withheld 283 shares at $3.03 per share to cover her tax withholding obligation.

Q: What are the vesting terms for Aparna Chitale's SPCE RSUs?

The award granted March 16, 2023 vested 25% on March 16, 2024; the remaining 75% will vest in 12 quarterly installments beginning June 16, 2024, subject to continued service through each applicable vesting date. Upon vesting, the RSUs may be settled in common stock or, at the issuer's discretion, cash.

The quarterly vesting also involved a 283-share tax withholding, and the award's unvested balance was 1,049 RSUs.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Virgin Galactic Holdings, Inc.'s CPO & EVP Astronaut Operations, Aparna Chitale, reported the October 5, 2026 vesting and conversion of 524 restricted stock units into 524 common shares. The issuer withheld 283 shares at $3.03 per share to cover her tax withholding obligation. The award's remaining unvested portion was 1,049 RSUs, excluding RSUs with different vesting terms; the award was granted March 16, 2023.

Insider Trade Summary

524 shares exercised/converted

Exercise 3 txns

Insider Chitale Aparna

Role CPO & EVP Astronaut Operations

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F2, F3, F4}	524	$0.00	$0.00
Exercise	Common Stock	524	$0.00	$0.00
Tax Withholding	Common Stock ^F1	283	$3.03	$857.49

Holdings After Transaction: Restricted Stock Units — 1,049 contracts (Direct); Common Stock — 37,063 shares (Direct)

Footnotes (4)

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 ("RSUs") granted on March 16, 2023.
F2. RSUs convert into common stock on a one-for-one basis.
F3. 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.
F4. 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 to common shares: 524 RSUs; 524 common shares Shares withheld for tax obligation: 283 shares Price per share withheld: $3.03 per share +3 more

6 metrics

RSUs converted to common shares 524 RSUs; 524 common shares Reported for October 5, 2026.

Shares withheld for tax obligation 283 shares Withheld by the issuer upon quarterly vesting on October 5, 2026.

Price per share withheld $3.03 per share Reported for the 283 shares withheld for tax withholding.

Unvested RSUs after transaction 1,049 RSUs The reported unvested portion excludes RSUs with different vesting terms.

Initial vesting 25% Vested March 16, 2024.

Remaining vesting schedule 75%; 12 quarterly installments Beginning June 16, 2024, subject to continued service through each applicable vesting date.

Key Terms

Restricted Stock Units, one-for-one basis, quarterly installments, unvested portion

4 terms

Restricted Stock Units financial

"restricted stock units ("RSUs") granted on March 16, 2023"

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.

one-for-one basis financial

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

quarterly installments financial

"remaining 75% of the RSUs will vest in 12 quarterly installments"

unvested portion financial

"only the unvested portion of the RSUs"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SPCE shares did Aparna Chitale receive and have withheld?

Aparna Chitale converted 524 RSUs into 524 common shares on October 5, 2026; the issuer withheld 283 shares at $3.03 per share to cover her tax withholding obligation.

What are the vesting terms for Aparna Chitale's SPCE RSUs?

The award granted March 16, 2023 vested 25% on March 16, 2024; the remaining 75% will vest in 12 quarterly installments beginning June 16, 2024, subject to continued service through each applicable vesting date. Upon vesting, the RSUs may be settled in common stock or, at the issuer's discretion, cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/06/2026 - 04:26 PM Accepted by SEC EDGAR 10/06/2026 - 04:26 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^*

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 Astronaut Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026

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	10/05/2026		M		524	A	$0	37,346	D
Common Stock	10/05/2026		F		283⁽¹⁾	D	$3.03	37,063	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)
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⁾	10/05/2026		M			524	⁽³⁾	⁽³⁾	Common Stock	524	$0	1,049⁽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 Aparna Chitale	10/06/2026
	** 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