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Virgin Galactic | 4: Statement of changes in beneficial ownership of securities-Officer Ahrens Douglas T

SEC announcement ·  Apr 11 20:46
Summary by Moomoo AI
On April 9, 2024, Douglas T. Ahrens, the Chief Financial Officer of Virgin Galactic Holdings, Inc. (SPCE), completed a series of transactions involving the company's common stock. Ahrens exercised options to acquire 110,140 shares at no cost, as indicated by a transaction code of 'M', which represents the exercise or conversion of derivative security. Following this, Ahrens sold a total of 61,648 shares through two separate transactions on the same day, with each share sold at a price of $1.18. These sales were conducted under the transaction code 'F', which is used for the payment of exercise price or tax liability by delivering or withholding securities. After these transactions, Ahrens directly held a total of 550,927 shares of Virgin Galactic's common stock. The total market value of the disposed shares was calculated to be $72,744.64.
On April 9, 2024, Douglas T. Ahrens, the Chief Financial Officer of Virgin Galactic Holdings, Inc. (SPCE), completed a series of transactions involving the company's common stock. Ahrens exercised options to acquire 110,140 shares at no cost, as indicated by a transaction code of 'M', which represents the exercise or conversion of derivative security. Following this, Ahrens sold a total of 61,648 shares through two separate transactions on the same day, with each share sold at a price of $1.18. These sales were conducted under the transaction code 'F', which is used for the payment of exercise price or tax liability by delivering or withholding securities. After these transactions, Ahrens directly held a total of 550,927 shares of Virgin Galactic's common stock. The total market value of the disposed shares was calculated to be $72,744.64.
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