Virgin Galactic Holdings, Inc·4

Jun 12, 4:52 PM ET

Arcangeli Henio R Jr 4

Research Summary

AI-generated summary

Updated

Virgin Galactic (SPCE) Director Henio R. Arcangeli Jr Receives Award

What Happened

  • Henio R. Arcangeli Jr, a director of Virgin Galactic Holdings, was granted 21,816 restricted stock units (RSUs) on 2026-06-11. The reported acquisition price is $0.00 (award code A). The filing was submitted on 2026-06-12.

Key Details

  • Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely filing).
  • Award: 21,816 RSUs; reported acquisition price: $0.00.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: RSUs vest in full on the one-year anniversary of the grant date, unless the director will not stand for re-election and the next annual meeting occurs earlier — in that case they vest at the annual meeting. RSUs will be settled in shares upon vesting.
  • Transaction code: A (award/grant).

Context

  • RSU awards are compensation that convert to actual shares only upon vesting; they are not an immediate open-market purchase or sale. Such grants disclose insider compensation but do not on their own indicate immediate buying or selling of stock.