{"schema_version":"secwatch.filing_event.v1","accession":"0001706946-26-000045","form_type":"8-K","ticker":"SPCE","cik":"0001706946","company_name":"Virgin Galactic Holdings, Inc","filed_at":"2026-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.777769+00:00","generated_at":"2026-05-15T05:07:34.955913+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Virgin Galactic amends severance terms for CFO and People Officer; change-in-control multipliers raised","bullets":["CFO Douglas Ahrens' cash severance multiplier increases from 1.0x to 1.5x upon qualifying termination within 24 months after a change in control.","Both Ahrens and Chief People Officer Aparna Chitale get company-subsidized healthcare extended from 12 to 18 months after a qualifying termination post-change-in-control.","Amendments also provide for earned but unpaid annual bonus for the prior year upon any qualifying termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001706946-26-000045","json":"https://secwatch.observer/filing/0001706946-26-000045.json","markdown":"https://secwatch.observer/filing/0001706946-26-000045.md","text":"https://secwatch.observer/filing/0001706946-26-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000045/0001706946-26-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706946/000170694626000045/spce-20260421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:07:34.955913+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}