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Stock impact report

Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08 [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
Committee of Virgin Galactic's Board of Directors approved the grants of time-based inducement restricted stock units ("RSUs") covering an aggregate of 484,793 shares of Virgin Galactic common stock and performance-vesting restricted stock units ("PSUs") awards (collectively, the "Awards") covering an aggregate of 384,793 shares of Virgin Galactic common stock to a new non-executive employee, effective April 15, 2026. The awards were granted under Virgin Galactic's Second Amended and Restated 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Virgin Galactic. The vesting schedules for the Awards are as follows: (1) RSUs covering an aggregate of 284,793 shares of Virgin Galactic common stock will vest over a three-year period: 33.3% of the underlying shares will vest on the first and second anniversary of the grant date and the remaining 33.4% of the shares will vest on the third anniversary of the grant date, subject Show less Read more
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