Vertical Aerospace (NYSE: EVTL) director granted 59,433 RSUs, 867 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stendevad Poul Carsten
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 59,433 | $0.00 | -- |
| Tax Withholding | Common Stock | 867 | $1.74 | $2K |
Holdings After Transaction:
Restricted Stock Units — 59,433 shares (Direct, null);
Common Stock — 140,395 shares (Direct, null)
Footnotes (1)
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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
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.
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.