Kim Sarah E 4

What Happened
Sarah Kim, EVP, Chief Legal Officer & Corporate Secretary of Virgin Galactic (SPCE), had 17 shares of common stock withheld by the company to satisfy her tax withholding obligation related to vested restricted stock units. The withholding was recorded on 2026-03-24 at an effective price of $2.42 per share, for a total withheld value of $41. This is a routine tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-24; Filing date: 2026-03-25 (Form 4 accession 0001955335-26-000005).
• Shares withheld/disposed: 17 shares at $2.42 per share; total value ≈ $41.
• Transaction code: F (payment of exercise price or tax liability / shares withheld).
• Shares owned after transaction: not reported in this filing.
• Footnote: F1 — Shares were withheld by the issuer to cover the Reporting Person's tax withholding obligation upon vesting of restricted stock units granted on December 5, 2022.
• Filing timeliness: not indicated as late.

Context
Tax-withholding disposals are routine administrative actions when RSUs vest; they reflect the company retaining shares to pay taxes rather than an insider selling shares into the market. Such transactions generally do not signal a change in insider sentiment about the stock.