Arcangeli Henio R Jr 4
Research Summary
AI-generated summary
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.