---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-23-000049"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:03:35.961956+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve 8.2M share increase in incentive plan at annual meeting

## Summary
- Stockholders approved Amended and Restated 2019 Incentive Award Plan, increasing shares reserved to 29.4M (from original).
- Minimum vesting of one year added; change-in-control triggers full vesting unless awards assumed or replaced.
- Directors elected with majorities; advisory say-on-pay passed with 43.3M for, 24.1M against.
- Ratification of Ernst & Young as auditor received 142.3M votes in favor.

## SEC filing metadata
- accession: 0001706946-23-000049
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/0001706946-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/spce-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-23-000049
- JSON: https://secwatch.observer/filing/0001706946-23-000049.json
- Plain text: https://secwatch.observer/filing/0001706946-23-000049.txt

## Key facts
- Shareholder Votes
  Virgin Galactic Holdings, Inc shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. at the 2023-06-08 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: Proposal 3 – Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. FOR AGAINST ABSTAINED BROKER NON-VOTES 43,320,945 24,108,245 908,149 77,307,837
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/0001706946-23-000049-index.htm
- Shareholder Votes
  Virgin Galactic Holdings, Inc shareholders approved Approval of the Company’s Amended and Restated 2019 Incentive Award Plan. at the 2023-06-08 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: Proposal 4 – Approval of the Company’s Amended and Restated 2019 Incentive Award Plan. FOR AGAINST ABSTAINED BROKER NON-VOTES 62,413,974 5,184,597 738,768 77,307,837
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/0001706946-23-000049-index.htm
- Shareholder Votes
  Virgin Galactic Holdings, Inc shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023. at the 2023-06-08 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: Proposal 2 – Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023. FOR AGAINST ABSTAINED BROKER NON-VOTES 142,254,782 2,695,074 695,320 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/0001706946-23-000049-index.htm
- Shareholder Votes
  Virgin Galactic Holdings, Inc shareholders approved Election of directors to hold office until the Company’s annual meeting of stockholders to be held in 2024 and until their respective successors have been duly elected and qualified, or until their earlier death, resignation or removal. at the 2023-06-08 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: Proposal 1 – Election of directors to hold office until the Company’s annual meeting of stockholders to be held in 2024 and until their respective successors have been duly elected and qualified, or until their earlier death, resignation or removal. NAME OF DIRECTOR FOR WITHHELD BROKER NON-VOTES Michael Colglazier 66,290,894 2,046,446 77,307,837 Evan Lovell 66,148,082 2,189,258 77,307,837 Wanda Austin 62,355,136 5,982,204 77,307,837 Tina Jonas 66,206,220 2,131,120 77,307,837 Craig Kreeger 66,128,805 2,208,535 77,307,837 Raymond Mabus, Jr. 66,484,423 1,852,917 77,307,837 Wanda Sigur 66,301,287 2,036,053 77,307,837 Diana Strandberg 66,320,659 2,016,681 77,307,837 W. Gilbert West 62,694,156 5,643,184 77,307,837
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706946/000170694623000049/0001706946-23-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.