Virgin Galactic Grants Inducement Stock Awards to New Employees

Reuters
2026.01.15 21:06
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Virgin Galactic Holdings Inc. has granted inducement restricted stock unit awards totaling 42,339 shares to two new non-executive employees. These awards, effective January 15, 2026, will vest over three years, with 33% vesting on the first and second anniversaries, and the remaining 34% on the third anniversary, contingent on continued service. The grants are part of the company’s Amended and Restated 2023 Employment Inducement Incentive Award Plan.