Mabus Raymond E 4

What Happened

• Raymond E. Mabus, a director of Virgin Galactic Holdings, was granted 25,306 restricted stock units (RSUs) on 2026-06-11. The reported acquisition price is $0.00 (a grant), so no cash was paid by the insider at grant. This transaction is an award (code A), not a market purchase or sale.

Key Details

• Transaction date and terms: 2026-06-11; 25,306 RSUs; price reported $0.00 (grant).
• Filing date: Form 4 filed 2026-06-12 (filed within the normal two-business-day window).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs vest in full on the one-year anniversary of the grant. If the director does not stand for re-election and the next annual meeting occurs before the one-year vesting date, the RSUs will vest at that annual meeting. RSUs will be settled in shares of the company’s common stock upon vesting.

Context

• RSU grants are a common form of director compensation and are primarily a retention/compensation tool; they do not involve an immediate cash purchase or sale and do not by themselves indicate a buy or sell signal. The award will result in issuance of common shares only upon vesting per the terms above.