Director at Vertical Aerospace (EVTL) receives 29,481 RSUs and settles taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertical Aerospace Ltd. director Haber Kris Tate reported routine equity compensation and related tax withholding. Tate received 29,481 restricted stock units that will vest on December 31, 2026, each settling into one common share. To cover tax obligations, 434 common shares were disposed of at $1.74 per share through a tax-withholding mechanism. After these transactions, Tate directly holds 44,205 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haber Kris Tate
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,481 | $0.00 | -- |
| Tax Withholding | Common Stock | 434 | $1.74 | $755.16 |
Holdings After Transaction:
Restricted Stock Units — 29,481 shares (Direct, null);
Common Stock — 44,205 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 29,481 units
RSU vesting date: December 31, 2026
Tax-withholding shares: 434 shares
+2 more
5 metrics
RSU grant
29,481 units
Restricted stock units granted, each for one common share
RSU vesting date
December 31, 2026
Vesting date for granted restricted stock units
Tax-withholding shares
434 shares
Common shares used to satisfy tax liability
Tax-withholding price
$1.74 per share
Value assigned to shares used for tax withholding
Shares held after transaction
44,205 shares
Direct common stock holdings following reported transactions
Key Terms
Restricted Stock Units, tax-withholding disposition, grant/award 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 acquisition financial
"Grant, award, or other acquisition"
FAQ
What did Vertical Aerospace (EVTL) director Haber Kris Tate report on this Form 4?
Haber Kris Tate reported a grant of 29,481 restricted stock units and a related tax-withholding disposition of 434 common shares. These entries reflect routine equity compensation and tax settlement, rather than open-market buying or selling of Vertical Aerospace shares.
How many restricted stock units did Haber Kris Tate receive from Vertical Aerospace (EVTL)?
Tate received 29,481 restricted stock units, each representing a right to receive one share of Vertical Aerospace common stock. According to the filing footnote, these units will vest on December 31, 2026, and they do not have an expiration date once granted.
When do Haber Kris Tate’s Vertical Aerospace (EVTL) restricted stock units vest?
The restricted stock units granted to Tate will vest on December 31, 2026. Vesting means the units convert into common shares at that time, assuming applicable conditions are met, providing the director with additional direct ownership in Vertical Aerospace stock upon settlement.
Is the Form 4 activity for Vertical Aerospace (EVTL) a market buy or sell by Haber Kris Tate?
The activity is not a market buy or sell. It consists of a grant of 29,481 restricted stock units and a tax-withholding disposition of 434 shares at $1.74 per share, which is an administrative step to cover taxes on equity compensation.