secwatch.observer — SEC 8-K summary
======================================

Issuer:     Virgin Galactic Holdings, Inc (SPCE)
CIK:        0001706946
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0001706946-21-000150
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virgin Galactic appoints Wanda Sigur to board, increasing size to 10
--------------------------------------------------------------------

- Board expanded from 9 to 10 members; Wanda Sigur appointed effective Dec 20, 2021.
- Sigur brings 38+ years of aerospace experience, most recently VP and GM of Civil Space at Lockheed Martin.
- She will serve on the Safety Committee and receives standard director compensation: $125k cash retainer and $150k initial RSUs vesting over 3 years.
- Her term runs until the 2022 annual meeting of stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706946/000170694621000150/0001706946-21-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706946/000170694621000150/spce-20211220.htm
  HTML page:      https://secwatch.observer/filing/0001706946-21-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer