Vertical Aerospace (NYSE: EVTL) lifts CEO option stake to 3.43M
Rhea-AI Filing Summary
Vertical Aerospace Ltd. (EVTL) reported that Chief Executive Officer Stuart Simpson received a grant of 13,934 Nil Cost Options over common stock. The options have a conversion price of $0.00 per share, expire on January 21, 2036, and increase his directly held option position to 3,430,766 options. According to the vesting terms, options begin vesting on September 30, 2026 with additional shares vesting quarterly thereafter, subject to continued service.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simpson Stuart
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options F1 | 13,934 | $0.00 | $0.00 |
Holdings After Transaction:
Nil Cost Options — 3,430,766 shares (Direct)
Footnotes (1)
- F1. Options vest beginning 09/30/2026, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.
Key Figures
Nil Cost Options granted: 13,934 options
Conversion or exercise price: $0.00 per share
Total options following transaction: 3,430,766 options
+2 more
5 metrics
Nil Cost Options granted
13,934 options
Grant to CEO Stuart Simpson on August 27, 2026
Conversion or exercise price
$0.00 per share
Nil Cost Options granted to CEO
Total options following transaction
3,430,766 options
Directly held by CEO after the grant
Expiration date
January 21, 2036
Nil Cost Options granted to CEO
Vesting commencement date
September 30, 2026
Start of vesting for the granted options
Key Terms
Nil Cost Options, vesting schedule, underlying security
3 terms
Nil Cost Options financial
"security_title: "Nil Cost Options""
vesting schedule financial
"vesting quarterly thereafter in accordance with the applicable vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What did EVTL disclose about Stuart Simpson’s latest equity grant?
EVTL disclosed that CEO Stuart Simpson received a grant of 13,934 Nil Cost Options over common stock, with a $0.00 conversion price per share and an expiration date of January 21, 2036. These options begin vesting on September 30, 2026 and then vest quarterly, subject to continued service.
How many options does EVTL’s CEO hold after this Form 4 transaction?
After this grant, EVTL’s CEO Stuart Simpson holds a total of 3,430,766 Nil Cost Options directly, as reported following the 13,934-option award on August 27, 2026.
What is the exercise or conversion price of the Nil Cost Options reported by EVTL?
The Nil Cost Options granted to EVTL CEO Stuart Simpson have a conversion or exercise price of $0.00 per share, meaning no cash payment is required to convert them into common stock upon exercise, subject to the vesting schedule and other terms.
When do the newly granted EVTL options start vesting and on what schedule?
The options granted to EVTL CEO Stuart Simpson start vesting on September 30, 2026. Additional shares vest quarterly thereafter in accordance with the applicable vesting schedule, conditioned on his continued service through each vesting date.
What is the expiration date of the Nil Cost Options granted by EVTL to its CEO?
The Nil Cost Options granted to EVTL CEO Stuart Simpson expire on January 21, 2036. Any unexercised options after that date would lapse under the terms described.
AI-generated analysis. How Rhea-AI works. Not financial advice.
