Vertical Aerospace (NYSE: EVTL) director Brown reports initial stock and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Vertical Aerospace Ltd. director James Keith Brown filed an initial ownership report showing his equity stake in the company. He directly holds 21,679 shares of common stock and 10,832 restricted stock units, each representing one share of common stock. The restricted stock units will vest on June 30, 2026, and have no expiration date, indicating a time-based component to his compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown James Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,832 shares (Direct);
Common Stock — 21,679 shares (Direct)
Footnotes (1)
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FAQ
What does the Form 3 filing by James Keith Brown at EVTL show?
The Form 3 filing discloses director James Keith Brown’s existing equity holdings in Vertical Aerospace Ltd., including common shares and restricted stock units. It is an initial ownership statement and does not reflect new buying or selling activity in the company’s stock.
How many restricted stock units in EVTL does James Keith Brown report?
He reports 10,832 restricted stock units, each tied to one share of Vertical Aerospace common stock. These units form part of his equity-based compensation and contribute to his potential future ownership once they vest according to the stated schedule.
When do James Keith Brown’s EVTL restricted stock units vest?
The restricted stock units are scheduled to vest on June 30, 2026. Vesting means the units convert into shares of common stock if the time-based condition is met, aligning the director’s compensation with the company’s long-term performance horizon.
Does this EVTL Form 3 indicate insider buying or selling activity?
No, the Form 3 reflects existing holdings rather than new transactions. The entries are classified as holdings with unknown transaction codes, showing Brown’s positions in common stock and restricted stock units without reporting recent purchases or sales.