Form 4: Virgin Galactic CFO Reports RSU Vesting and Tax Sales

Virgin Galactic's CFO, Douglas T. Ahrens, reported the vesting of restricted stock units and subsequent tax-related share disposals.

Summary

• Douglas T. Ahrens, Chief Financial Officer of Virgin Galactic Holdings, Inc. (SPCE), reported transactions on December 30, 2025.
• Ahrens acquired 1,376 shares of common stock through the conversion of restricted stock units (RSUs) at a price of $0.
• Following this acquisition, his direct beneficial ownership of common stock was 25,816 shares.
• He disposed of 741 shares of common stock at $3.15 per share to cover tax withholding obligations related to RSUs granted on March 16, 2023.
• He also disposed of 458 shares of common stock at $3.15 per share to cover tax withholding obligations related to RSUs granted on March 16, 2022.
• After these disposals, his direct beneficial ownership of common stock was 24,617 shares.
• Ahrens holds 6,884 unvested restricted stock units from the grant on March 16, 2023.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (RSU vesting and tax withholding), which are standard and expected events, thus indicating a neutral sentiment.

Positives

• The vesting of restricted stock units indicates continued compensation for the Chief Financial Officer, aligning his interests with shareholders.
• The transactions are routine and part of a pre-scheduled compensation plan, reflecting stability in executive compensation.

Negatives

• A total of 1,199 shares were disposed of to cover tax withholding obligations, which slightly reduces the CFO's direct equity stake.

Future Outlook

The remaining 75% of the Restricted Stock Units granted on March 16, 2023, will vest in 12 quarterly installments starting June 16, 2024, contingent on the Reporting Person's continued service through the applicable vesting dates.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine compensation-related transactions for an executive.
• Employees: No direct impact beyond the reporting person.

Next Steps

• Continued quarterly vesting of the remaining 6,884 Restricted Stock Units granted on March 16, 2023, starting June 16, 2024, subject to continued service.

Key Dates

Keywords

Virgin Galactic, SPCE, Douglas T. Ahrens, CFO, Restricted Stock Units, RSU, Insider Transaction, Form 4, Stock Vesting, Tax Withholding