Virgin Galactic stockholders approve new incentive plan, annual say-on-pay votes
At its June 11, 2026 annual meeting, Virgin Galactic stockholders approved the Fourth Amended and Restated 2019 Incentive Award Plan, which adds 9,450,000 shares and extends the period for granting awards to June 11, 2036. Stockholders also elected nine directors, ratified Ernst & Young as auditor, and backed an advisory say-on-pay vote, and the company intends to hold that vote every year.
Key points
- The plan adds 9,450,000 shares, bringing the total reserved for issuance to 17,120,437 shares; incentive stock options may be granted until April 14, 2036.
- Plan approval: 9,270,078 votes for, 1,757,066 against, and 206,149 abstentions.
- Advisory say-on-pay: 7,369,092 for and 3,620,695 against. On frequency, 10,161,566 votes favored one year, 382,155 two years and 461,090 three years.
- Stockholders ratified Ernst & Young LLP as independent registered public accounting firm for 2026 with 43,076,193 votes for.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.