STOCK TITAN

Virgin Galactic (NYSE: SPCE) director adds 20,000 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Virgin Galactic Holdings director Diana S. Strandberg bought 20,000 shares of common stock in an open-market purchase at a weighted average price of $2.489 per share. After this transaction, she directly owns 70,930 shares of Virgin Galactic common stock.

Positive

  • None.

Negative

  • None.
Insider Strandberg Diana S.
Role null
Bought 20,000 shs ($50K)
Type Security Shares Price Value
Purchase Common Stock 20,000 $2.489 $50K
Holdings After Transaction: Common Stock — 70,930 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 20,000 shares Open-market purchase of Virgin Galactic common stock
Weighted average price $2.489 per share Average price paid for the 20,000-share purchase
Price range $2.485–$2.49 per share Range of individual trade prices noted in footnote
Shares owned after 70,930 shares Total direct holdings after the reported transaction
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"The shares reported in this Form 4 were purchased in separate transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Strandberg Diana S.

(Last)(First)(Middle)
1700 FLIGHT WAY

(Street)
TUSTIN CALIFORNIA 92782

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Virgin Galactic Holdings, Inc [ SPCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026P20,000A$2.489(1)70,930D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were purchased in separate transactions at prices ranging from $2.485 to $2.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the price range set forth in this footnote.
Remarks:
/s/ Sarah Kim, Attorney-in-Fact for Diana S. Strandberg05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SPCE director Diana Strandberg report?

Director Diana S. Strandberg reported buying 20,000 Virgin Galactic (SPCE) common shares in an open-market transaction. The Form 4 shows this was a direct ownership purchase, indicating she increased her personal stake in the company.

At what price did Diana Strandberg buy Virgin Galactic (SPCE) shares?

She bought the shares at a weighted average price of $2.489 per share. A footnote explains individual trades occurred between $2.485 and $2.49, and detailed price breakdowns are available upon request from the reporting person.

How many Virgin Galactic (SPCE) shares does Diana Strandberg own after this trade?

Following the reported purchase, Diana S. Strandberg directly owns 70,930 shares of Virgin Galactic common stock. This figure reflects her position immediately after the 20,000-share open-market acquisition disclosed in the Form 4 filing.

Was the SPCE insider transaction a buy or a sell?

The transaction was a buy. The Form 4 classifies it as an open-market purchase of 20,000 shares of Virgin Galactic common stock, with no shares reported as sold or disposed of in this filing.

What does the weighted average price mean in the SPCE Form 4 filing?

The weighted average price of $2.489 means multiple trades were executed between $2.485 and $2.49 per share. The average reflects the combined price across all those individual transactions, which the reporting person can detail upon request.