Vertical Aerospace officer receives $1.30 options
The new options vest over time subject to continued service; the cancelled options generated no consideration.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Vertical Aerospace Ltd. Principal Financial Officer John Patrick Maloney acquired 175,000 nil cost options and 187,500 stock options on October 14, 2026. Annual vesting begins June 30, 2027, and December 31, 2026, respectively, subject to continued service; reported nil cost option holdings after the grant were 187,473. He also disposed of 75,000 options with a $3.50 exercise price and 37,500 with a $5.82 exercise price. Both were cancelled under a previously approved option repricing, with no consideration received.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options F1 | 175,000 | -- | -- |
| Grant/Award | Stock Options F2 | 187,500 | -- | -- |
| Disposition | Stock Options F3 | 75,000 | -- | -- |
| Disposition | Stock Options F4 | 37,500 | -- | -- |
Footnotes (4)
- F1. Options vest beginning 06/30/2027, with additional shares vesting annually thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date. No consideration was paid for the option grant.
- F2. Options vest beginning 12/31/2026, with additional shares vesting annually thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date. No consideration was paid for the option grant.
- F3. Subject to annual vesting beginning 12/31/2026 and cancelled pursuant to a previously approved option repricing. No consideration was received upon cancellation of the option.
- F4. Subject to annual vesting beginning 03/31/2029 and cancelled pursuant to a previously approved option repricing. No consideration was received upon cancellation of the option.
Key Figures
Key Terms
Nil Cost Options financial
vesting schedule technical
option repricing financial
FAQ
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What options did EVTL's principal financial officer acquire?
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