Ahrens Douglas T 4

4 · Virgin Galactic Holdings, Inc · Filed Jun 30, 2026

AI-generated summary of this filing

Updated Jun 30, 2026

Virgin Galactic (SPCE) CFO Douglas Ahrens Receives RSUs; 743 Withheld

What Happened

Douglas T. Ahrens, Chief Financial Officer of Virgin Galactic (SPCE), had 1,377 restricted stock units (RSUs) convert into common stock on June 29, 2026. The RSU conversion price is reported as $0.00 per share (no cash paid to acquire). To cover withholding tax, 743 shares were surrendered/withheld at a value of $2.95 per share, totaling $2,192. Net shares delivered to Ahrens from this vesting event were 634 shares (1,377 vested − 743 withheld).
This was a routine vesting/tax-withholding event (not an open-market sale or a purchase) arising from RSUs previously granted on March 16, 2023.

Key Details

Transaction date: 2026-06-29; Form 4 filed 2026-06-30 (appears timely).
Vesting/conversion: 1,377 RSUs converted to 1,377 common shares (reported at $0.00 per share).
Tax withholding: 743 shares withheld/disposed at $2.95 per share for $2,192 (sell-to-cover style withholding).
Net shares issued to insider: 634 shares.
Relevant footnotes: RSUs granted 3/16/2023; RSUs convert one-for-one into common stock (F1–F4). The RSUs vest on a schedule (25% on 3/16/2024, remainder over 12 quarterly installments beginning 6/16/2024). The filing indicates withholding to satisfy tax obligations, not a market sale.

Context

This is a vesting/tax-withholding transaction, common for executives receiving RSU awards — it is not a directional bet by the insider on the stock. The derivative entries reflect conversion of RSUs into common shares and the withholding (share surrender) to cover taxes (not an open-market disposition).

Form 4

Period: 2026-06-29

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2026-06-29+1,377→ 88,647 total
Tax Payment
Common Stock
[F1]
2026-06-29$2.95/sh−743$2,192→ 87,904 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]
2026-06-29−1,377→ 4,130 total
→ Common Stock (1,377 underlying)

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.

Signature

/s/ Sarah Kim, Attorney-in-Fact for Douglas T. Ahrens|2026-06-30

1 file