Vertical Aerospace CEO discloses initial share holdings
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson has filed an initial ownership report showing his equity position in the company.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson has filed an initial ownership report showing his equity position in the company. He holds nil cost options over 1,970,398 shares of common stock with a zero exercise price, expiring on January 21, 2036. These options began vesting on March 31, 2024, with additional portions vesting quarterly, subject to his continued service. He also directly owns 24,676 shares of common stock, reflecting his existing stake rather than any new purchase or sale activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Nil Cost Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Options vest beginning 03/31/2024, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.
FAQ
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What does the Form 3 for Vertical Aerospace (EVTL) CEO Stuart Simpson show?
When do Stuart Simpson’s Vertical Aerospace (EVTL) options vest and expire?
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