Virgin Galactic CEO granted 1.18M RSUs
Virgin Galactic Holdings CEO Michael A. Colglazier received a compensation grant of 1,181,103 restricted stock units (RSUs).
Rhea-AI Filing Summary
Virgin Galactic Holdings CEO Michael A. Colglazier received a compensation grant of 1,181,103 restricted stock units (RSUs). These RSUs were awarded at no exercise price and represent the right to receive an equal number of shares of common stock, or cash at the company’s discretion.
The award will vest in three equal annual installments, with one-third of the RSUs vesting on each of the first three anniversaries of the grant date, as long as he continues in service through each vesting date. No shares were sold or purchased in the market as part of this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,181,103 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPCE CEO Michael Colglazier report on this Form 4?
How do the 1,181,103 RSUs granted to SPCE’s CEO vest over time?
Will Virgin Galactic CEO’s RSUs be paid in SPCE stock or in cash?
AI-generated analysis. How Rhea-AI works. Not financial advice.