Virgin Galactic Holdings (SPCE) executive compensation, 2026 proxy

Michael Colglazier, Chief Executive Officer and President, was paid $10.7M in 2025, up 91% from $5.6M the year before. The CEO-to-median-employee pay ratio was 59:1, on median employee pay of $180,630.

Filed
April 21, 2026
Annual meeting
June 11, 2026
Pay year
2025
Named executives
4
CEO total pay
$10.7M+91% vs prior year
CEO to median employee
59:1median $180,630
CEO pay in equity
33%$3.5M in awards
Prior say-on-pay support
54%of votes cast
Total Operating Expenses
$287MCompared to $384M in fiscal 2024
Future Astronaut Reservations
675As of December 31, 2025
Capital Raised
$122MTo support long-term growth investments

How Colglazier was paid

$10.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Bonus12%Stock awards33%Non-equity incentive45%All other compensation1%

Named executive officers

ExecutiveTotal
Michael ColglazierChief Executive Officer and President$10,745,916
Doug AhrensChief Financial Officer and Treasurer$3,973,533
Aparna ChitaleChief People Officer and Executive Vice President, Astronaut Operations$2,063,892
Sarah KimExecutive Vice President, Chief Legal Officer and Corporate Secretary$1,741,839

What changed and why

  • $10.7MCEO total compensation was $10,745,916 in fiscal 2025.
  • $287MTotal operating expenses decreased to $287M from $384M in fiscal 2024.
  • $1.3MRetention bonus portion of $1,250,000 was paid to the CEO in 2025.
  • 54.2%Say-on-pay proposal received 54.2% stockholder approval at the prior annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.