Virgin Galactic exec reports small tax share withholding

Virgin Galactic Holdings executive Sarah E. Kim reported a small, routine tax-related share disposition.

Accepted by SEC EDGAR 06/16/2026 - 04:13 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Virgin Galactic Holdings executive Sarah E. Kim reported a small, routine tax-related share disposition. On the vesting of restricted stock units granted on December 5, 2022, the company withheld 41 shares of common stock to cover her tax withholding obligation.

These 41 shares were valued at $3.91 per share for this transaction. After the withholding, Kim directly holds 33,780 shares of Virgin Galactic common stock, so the tax-related disposition represents only a small fraction of her overall reported stake.

Insider Trade Summary

Exercise Price or Tax Liability: 41 shares

Exercise Price or Tax Liability 1 txn

Insider Kim Sarah E

Role EVP, CLO & Corporate Secretary

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	41	$3.91	$160.31

Holdings After Transaction: Common Stock — 33,780 shares (Direct)

Footnotes (1)

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 vesting of restricted stock units granted on December 5, 2022.

Key Figures

Shares withheld for taxes: 41 shares Tax withholding share price: $3.91 per share Shares held after transaction: 33,780 shares +1 more

4 metrics

Shares withheld for taxes 41 shares Common stock withheld to cover tax on RSU vesting

Tax withholding share price $3.91 per share Value used for 41 withheld common shares

Shares held after transaction 33,780 shares Direct holdings of Sarah E. Kim after withholding

Transaction code F Payment of tax liability by delivering securities

Key Terms

restricted stock units, tax withholding obligation, Form 4, Payment of exercise price or tax liability by delivering securities

4 terms

restricted stock units financial

"upon the vesting of restricted stock units granted on December 5, 2022"

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

"withheld by the Issuer to cover the Reporting Person's tax withholding obligation"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Payment of exercise price or tax liability by delivering securities regulatory

"transaction_code_description: Payment of exercise price or tax liability by delivering securities"

FAQ

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

What insider transaction did Virgin Galactic (SPCE) report for Sarah E. Kim?

Virgin Galactic reported that executive Sarah E. Kim had 41 common shares withheld to satisfy tax obligations on vested restricted stock units. This was recorded as a tax-withholding disposition rather than an open-market trade, and she continues to hold 33,780 shares directly.

Was the Virgin Galactic (SPCE) Form 4 transaction a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not a market sale. The company withheld 41 shares of common stock from Sarah E. Kim to cover taxes due on vested restricted stock units granted in December 2022.

How many Virgin Galactic (SPCE) shares does Sarah E. Kim hold after this Form 4?

After the tax-withholding transaction, Sarah E. Kim directly holds 33,780 shares of Virgin Galactic common stock. Only 41 shares were withheld to satisfy her tax obligations from the vesting of earlier granted restricted stock units.

What price per share was used for the Virgin Galactic (SPCE) tax-withholding transaction?

The tax-withholding disposition used a price of $3.91 per share for the 41 Virgin Galactic common shares withheld. This price is used for reporting the value of shares applied to cover the executive’s tax withholding obligation on vested restricted stock units.

What triggered the tax-withholding share disposition for Virgin Galactic (SPCE) executive Sarah E. Kim?

The disposition was triggered by the vesting of restricted stock units granted to Sarah E. Kim on December 5, 2022. When those units vested, Virgin Galactic withheld 41 common shares to cover her associated tax withholding obligation, as disclosed in the Form 4 footnote.

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

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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^*

Kim Sarah E

(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)
	EVP, CLO & Corporate Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		F		41(1)	D	$3.91	33,780	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 vesting of restricted stock units granted on December 5, 2022.

Remarks:

	/s/ Denise Peters, Attorney-in-Fact for Sarah E. Kim	06/16/2026
	** 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)