Summary by Moomoo AI
Michael A. Colglazier, CEO and President of Virgin Galactic Holdings, Inc. [SPCE], completed a stock transaction on July 17, 2024. Colglazier sold a total of 2,238 shares of common stock at a price of $8.04 per share, resulting in a total market value of $17,993.52. The transaction was part of a payment of exercise price or tax liability by delivering or withholding securities. Additionally, Colglazier acquired 2,273 shares through the exercise or conversion of derivative security at no cost. Following these transactions, he directly holds 40,903 shares of Virgin Galactic. The report also notes that Colglazier has indirect beneficial ownership of 19,276 shares held through family trusts.