Welcome to our dedicated page for Virgin Galactic Holdings SEC filings (Ticker: SPCE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Virgin Galactic Holdings, Inc. filings document the company's public-company reporting as a Delaware aerospace and space travel issuer with common stock listed on the New York Stock Exchange under SPCE. Its 8-K reports and earnings exhibits disclose operating results, business updates for SpaceShips and the launch vehicle, future-astronaut access fees, customer deposits, and capital used to fund commercial spaceline development.
The filing record also covers material agreements and capital-structure actions, including 9.80% First Lien Notes due 2028, repurchases of 2.50% convertible senior notes due 2027, registered direct equity offerings, pre-funded warrants, and common stock issuance programs. Proxy and governance filings address director nominations, stockholder voting matters, executive compensation, employment agreement amendments, board-designation rights, and related governance disclosures.
Ahrens Douglas T reported acquisition or exercise transactions in this Form 4 filing.
Virgin Galactic Holdings, Inc. Chief Financial Officer Douglas T. Ahrens reported receiving a grant of 649,607 restricted stock units (RSUs). The award was made on March 19, 2026 as equity-based compensation rather than a market purchase.
The RSUs are scheduled to vest in three equal annual installments, with one-third vesting on each of the first three anniversaries of the grant date, as long as he continues in service through each vesting date. After vesting, the RSUs may be settled either in shares of Virgin Galactic common stock or, at the company’s discretion, in cash.
Virgin Galactic Holdings EVP, CLO & Corporate Secretary Sarah E. Kim reported compensation-related transactions involving restricted stock units (RSUs). On March 16, 2026, 11,853 previously vested RSUs, which convert into common stock on a one-for-one basis, were settled based on the value of Virgin Galactic common stock.
The RSUs converted into 11,853 shares of common stock and the same number of shares was disposed of back to the company at $2.48 per share as a cash settlement, rather than through an open-market sale. Following these transactions, Kim directly held 7,025 shares of Virgin Galactic common stock.
Virgin Galactic Holdings, Inc. Chief Financial Officer Douglas T. Ahrens reported compensation-related stock transactions. On March 16, 2026, he exercised 35,560 restricted stock units into an equal number of common shares at $0.00 per share, then those shares were disposed of to the issuer at $2.48 per share as a cash settlement of previously vested units. After these transactions, he directly held 17,275 shares of common stock. The filing also notes that 7,342 performance share units previously reported as beneficially owned did not vest and are excluded.
Virgin Galactic Holdings, Inc. chief people officer and EVP, Customer Operations Aparna Chitale exercised restricted stock units into 13,470 shares of common stock on March 16, 2026. Those 13,470 shares were then disposed of back to the company at $2.48 per share as a cash settlement of previously vested units. Following these transactions, she holds 6,079 shares of common stock directly, and no remaining restricted stock units are shown in this filing.
Virgin Galactic Holdings, Inc. CEO and President Michael A. Colglazier reported compensation-related equity activity. On March 16, 2026, he exercised 43,103 restricted stock units, converting them into common stock on a one-for-one basis at no cost.
The same 43,103 common shares were then disposed of to the issuer at $2.48 per share, reflecting cash settlement of previously vested RSUs. After these transactions, he held 20,874 common shares directly, plus 15,892 shares in a family revocable trust and 1,692 shares in each of two family trusts.
Virgin Galactic Holdings, Inc. is registering 68,061,371 shares of common stock for resale by existing holders, not for a new capital raise. The shares consist of 31,734,751 shares issuable upon exercise of 9.80% first lien purchase warrants at an exercise price of $6.696 per share, and 36,326,620 shares issuable upon redemption of 9.80% first lien notes due 2028. These securities were originally issued in a December 18, 2025 private placement in which the company also repurchased approximately $354.6 million of its 2.50% convertible senior notes due 2027 and issued $212.5 million in new notes. The company will not receive proceeds from any resale of shares by the selling stockholders, but will receive cash only if purchase warrants are exercised. Beneficial ownership of each selling holder is capped at generally 4.9%, with the option to increase up to 9.9% upon notice, limiting any single holder’s ownership from these instruments.
Virgin Galactic Holdings, Inc. has filed a registration statement covering the resale of up to 68,061,371 shares of its common stock by existing investors. These shares may be issued in the future upon (i) exercise of purchase warrants for 31,734,751 shares at an exercise price of $6.696 per share and (ii) redemptions of $212.5 million of 9.80% first lien notes due 2028 that can be settled in cash, stock, or a mix, subject to pricing and exchange rules. The company will not sell any shares directly in this offering and will not receive proceeds from stockholder resales, other than any cash paid upon warrant exercises. The registration fulfills obligations under a registration rights agreement entered into in connection with a December 18, 2025 refinancing in which the company repurchased $354.6 million of its 2.50% convertible senior notes due 2027 and issued new notes and warrants.
Virgin Galactic Holdings, Inc. is offering up to $45,588,728.57 of its common stock through its existing at-the-market sales program with Jefferies LLC. This restores the same amount of capacity that was previously reduced to facilitate a registered direct offering tied to convertible senior note refinancing transactions. Shares may be sold from time to time on the NYSE at prevailing market prices, with Jefferies acting as sales agent and earning up to a 3.0% commission on gross sales.
The company plans to use any net proceeds to further accelerate development and production of its next-generation spaceflight fleet, including an additional mothership and third and fourth Delta Class spaceships, and for general corporate purposes such as working capital, administrative needs, potential debt repayment and possible complementary investments or acquisitions.