Sir Richard Branson, 10% Owner at Virgin Galactic Holdings, Inc (SPCE), sold 3,550,000 shares at $16.09 ($57.3M) on 2020-05-19, disclosed to the SEC on 2020-05-20.
Open-market sale of $57.3M SPCE by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.17 | 1,293,633 | $20.9M | 36.5% |
| 2 | $16.17 | 1,293,633 | $20.9M | 36.5% |
| 3 | $16.09 | 481,367 | $7.7M | 13.5% |
| 4 | $16.09 | 481,367 | $7.7M | 13.5% |
| Total | $16.15 avg | 3,550,000 | $57.3M | 100% |
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