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Virgin Galactic | 4: Statement of changes in beneficial ownership of securities-Officer Colglazier Michael A

SEC announcement ·  Mar 25 19:00
Summary by Moomoo AI
Michael A. Colglazier, CEO and President of Virgin Galactic Holdings, Inc (SPCE), has been reported to engage in a series of stock transactions classified as bona fide gifts, according to filings. Between March 22, 2024, and March 25, 2024, Colglazier disposed of a total of 369,640 shares of common stock directly held by him at a transaction price of $0.00, indicating these were non-market transactions. Following these disposals, he directly owns 770,078 shares. Additionally, on the same dates, a total of 369,640 shares were acquired indirectly through family trusts, with 25,900 shares each for Son 1 and Son 2's trusts on March 22, and 317,840 shares for the Family Revocable Trust on March 25. The nature of these shares indicates they are part of estate planning or family gifting. The transactions are currently in progress.
Michael A. Colglazier, CEO and President of Virgin Galactic Holdings, Inc (SPCE), has been reported to engage in a series of stock transactions classified as bona fide gifts, according to filings. Between March 22, 2024, and March 25, 2024, Colglazier disposed of a total of 369,640 shares of common stock directly held by him at a transaction price of $0.00, indicating these were non-market transactions. Following these disposals, he directly owns 770,078 shares. Additionally, on the same dates, a total of 369,640 shares were acquired indirectly through family trusts, with 25,900 shares each for Son 1 and Son 2's trusts on March 22, and 317,840 shares for the Family Revocable Trust on March 25. The nature of these shares indicates they are part of estate planning or family gifting. The transactions are currently in progress.
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