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Virgin Galactic CEO converts grant into 2,273 shares

The CEO and President's quarterly RSU vesting included 1,227 common shares withheld for tax obligations at the reported $3.03 per share.

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Form Type
4

Rhea-AI Filing Summary

Virgin Galactic Holdings, Inc. CEO and President Michael A. Colglazier converted 2,273 restricted stock units into 2,273 common shares on October 5, 2026, on a one-for-one basis. The issuer withheld 1,227 common shares at a reported $3.03 per share to cover his tax withholding obligation upon quarterly vesting.

After the transaction, 4,545 unvested RSUs remained from the March 16, 2023 award; that count excludes RSUs with different vesting terms. The award provides for 25% vesting on March 16, 2024, with the remaining 75% vesting in 12 quarterly installments beginning June 16, 2024, subject to continued service through each applicable vesting date. Separate indirect holdings list 15,892 shares in the Family Revocable Trust and 1,692 shares in each of the Family Trust for Son 1 and Family Trust for Son 2.

Insider Colglazier Michael A
Role CEO and President
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F3, F4 2,273 $0.00 $0.00
Exercise Common Stock 2,273 $0.00 $0.00
Tax Withholding Common Stock F1 1,227 $3.03 $4K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 4,545 contracts (Direct); Common Stock — 150,159 shares (Direct); Common Stock — 15,892 shares (Indirect, By Family Revocable Trust); Common Stock — 1,692 shares (Indirect, By Family Trust for Son 1); Common Stock — 1,692 shares (Indirect, By Family Trust for Son 2)
Footnotes (4)
  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 ("RSUs") granted on March 16, 2023.
  2. F2. RSUs convert into common stock on a one-for-one basis.
  3. 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.
  4. F4. Represents only the unvested portion of the RSUs granted on March 16, 2023, and does not include RSUs with different vesting terms.
RSUs converted 2,273 RSUs October 5, 2026; converted one-for-one into common stock
Common shares acquired 2,273 shares October 5, 2026
Shares withheld for tax 1,227 shares Upon quarterly vesting on October 5, 2026
Reported per-share price $3.03 per share Shares withheld for tax
Unvested RSUs following transaction 4,545 RSUs Unvested portion of the March 16, 2023 award
Family Revocable Trust holdings 15,892 shares Indirect holdings listed after the transaction
Family trusts for sons' holdings 1,692 shares in each trust Indirect holdings listed for Family Trust for Son 1 and Family Trust for Son 2
Restricted Stock Units financial
"RSUs convert into common stock on a one-for-one basis"
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
"the remaining 75% of the RSUs will vest in 12 quarterly installments"
tax withholding obligation financial
"to cover the Reporting Person's tax withholding obligation"

FAQ

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

How many SPCE shares did Michael A. Colglazier receive and have withheld?

Michael A. Colglazier converted 2,273 RSUs into 2,273 common shares on October 5, 2026, and the issuer withheld 1,227 shares for tax withholding upon quarterly vesting at a reported $3.03 per share.

What were the vesting terms for Michael A. Colglazier's SPCE RSUs?

The March 16, 2023 award 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.

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

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Learn about SEC filing dates
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*
Colglazier Michael A

(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
XOfficer (give title below)Other (specify below)
CEO and President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
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 Stock10/05/2026M2,273A$0151,386D
Common Stock10/05/2026F1,227(1)D$3.03150,159D
Common Stock15,892IBy Family Revocable Trust
Common Stock1,692IBy Family Trust for Son 1
Common Stock1,692IBy Family Trust for Son 2
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
Restricted Stock Units(2)10/05/2026M2,273 (3) (3)Common Stock2,273$04,545(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 Michael Colglazier10/06/2026
** 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)

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