Vertical Aerospace director receives 59,433 RSUs

Vertical Aerospace director Poul Carsten Stendevad reported routine equity compensation and related tax withholding.

Rhea-AI Filing Summary

Vertical Aerospace director Poul Carsten Stendevad reported routine equity compensation and related tax withholding. He received 59,433 Restricted Stock Units that will vest on December 31, 2026 and have no expiration date. On the same date, 867 common shares were withheld at $1.74 per share to cover tax obligations, leaving him with 140,395 common shares directly owned.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Stendevad Poul Carsten

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	59,433	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	867	$1.74	$2K

Holdings After Transaction: Restricted Stock Units — 59,433 contracts (Direct); Common Stock — 140,395 shares (Direct)

Footnotes (1)

1. F1. The restricted stock units will vest on December 31, 2026, and have no expiration date.

Key Figures

RSU grant size: 59,433 RSUs RSU vesting date: December 31, 2026 Tax-withheld shares: 867 shares at $1.74 +2 more

5 metrics

RSU grant size 59,433 RSUs Grant of Restricted Stock Units to director on July 1, 2026

RSU vesting date December 31, 2026 Vesting date for granted Restricted Stock Units

Tax-withheld shares 867 shares at $1.74 Common shares delivered for tax liability on July 1, 2026

Shares owned after transaction 140,395 shares Director’s direct common stock holdings following tax withholding

Underlying common shares for RSUs 59,433 shares Common stock underlying the granted Restricted Stock Units

Key Terms

Restricted Stock Units, tax-withholding disposition, Grant, award, or other acquisition

3 terms

Restricted Stock Units financial

"The restricted stock units will vest on December 31, 2026, and have no expiration date."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Grant, award, or other acquisition financial

"Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Vertical Aerospace (EVTL) director Poul Carsten Stendevad report on this Form 4?

He reported a grant of 59,433 Restricted Stock Units and a tax-withholding disposition of 867 common shares. These transactions reflect routine equity compensation and associated tax payments, rather than open-market buying or selling activity.

How many Restricted Stock Units did EVTL grant to director Poul Carsten Stendevad?

He received 59,433 Restricted Stock Units tied to Vertical Aerospace common stock. These RSUs represent a form of stock-based compensation and will convert into common shares upon vesting, aligning the director’s interests with shareholders over time.

When do Poul Carsten Stendevad’s EVTL Restricted Stock Units vest?

The filing states the restricted stock units will vest on December 31, 2026. They have no expiration date, meaning they remain outstanding until vesting, after which they are expected to settle into Vertical Aerospace common shares.

Was the 867-share EVTL transaction an open-market sale by the director?

No. The 867 common shares at $1.74 were disposed of as a tax-withholding transaction. Shares were delivered to cover tax liabilities, so this is not a discretionary open-market sale reflecting a change in investment view.

How many Vertical Aerospace shares does Poul Carsten Stendevad hold after these transactions?

After the tax-withholding disposition, he directly owns 140,395 common shares of Vertical Aerospace. This post-transaction holding shows his remaining equity position excluding the 59,433 unvested Restricted Stock Units reported in the same Form 4.

Are the EVTL Restricted Stock Units granted to Stendevad immediately exercisable?

No. The 59,433 Restricted Stock Units vest on December 31, 2026 and are not immediately exercisable. The filing notes they have no expiration date, so they remain in place until vesting occurs and are then expected to settle in shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 04:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stendevad Poul Carsten

(Last) (First) (Middle)

UNIT 1 CAMWAL COURT, CHAPEL STREET

(Street)

BRISTOL BS2 0UW

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vertical Aerospace Ltd. [ EVTL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		F		867	D	$1.74	140,395	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.00	07/01/2026		A		59,433		(1)	(1)	Common Stock	59,433	$0.00	59,433	D

Explanation of Responses:

1. The restricted stock units will vest on December 31, 2026, and have no expiration date.

	/s/ Darragh Hanley-Crofts as Attorney-in-Fact	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)