---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-26-000130"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2026-08-18T13:05:46+00:00"
generated_at: "2026-08-18T13:07:22.892066+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Court grants final approval of Virgin Galactic derivative settlement; $2.75M from insurers

## Summary
- U.S. District Court for Eastern District of New York approved settlement on Aug 14, 2026.
- Covers In re Virgin Galactic Derivative Litigation and St. Jean v. Branson et al. cases.
- Insurers pay $2.75M; company retains half, other half to plaintiffs' counsel for fees.
- No finding of wrongdoing against company or any directors/officers; all claims released.

## SEC filing metadata
- accession: 0001706946-26-000130
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2026-08-18T13:05:46+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000130/0001706946-26-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694626000130/spce-20260818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-26-000130
- JSON: https://secwatch.observer/filing/0001706946-26-000130.json
- Plain text: https://secwatch.observer/filing/0001706946-26-000130.txt

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