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Director at Vertical Aerospace (NYSE: EVTL) granted 30,660 nil-cost stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vertical Aerospace Ltd. director Benjamin Robert Story received a grant of 30,660 Nil Cost Options linked to common stock. These options were awarded at an exercise price of $0.00 per share as part of his compensation. Following this grant, he holds 71,133 options in total, of which 40,473 are already vested and the remaining options are scheduled to vest on December 31, 2026. This filing reflects a compensation-related award rather than an open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Story Benjamin Robert
Role null
Type Security Shares Price Value
Grant/Award Nil Cost Options 30,660 $0.00 --
Holdings After Transaction: Nil Cost Options — 71,133 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Nil Cost Options granted 30,660 options Grant to director on 2026-07-01
Exercise price $0.00 per share Nil Cost Options grant
Total options after grant 71,133 options Holdings following reported transaction
Vested options 40,473 options Portion of total options already vested
Unvested vesting date December 31, 2026 Remaining options vesting schedule
Nil Cost Options financial
"Story received a grant of 30,660 Nil Cost Options linked to common stock."
Common Stock financial
"These Nil Cost Options are linked to Vertical Aerospace’s Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vested financial
"Of the total options reported, 40,473 are vested and the remaining options vest on December 31, 2026."
Grant, award, or other acquisition financial
"The transaction code description indicates a Grant, award, or other acquisition of derivative securities."
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FAQ

What insider transaction did Vertical Aerospace (EVTL) report in this Form 4?

Vertical Aerospace reported that director Benjamin Robert Story received 30,660 Nil Cost Options as a compensation award. These options are linked to common stock and carry a $0.00 exercise price, representing an equity-based incentive rather than an open-market trade.

How many options does the EVTL director hold after this grant?

After the grant, Benjamin Robert Story holds a total of 71,133 options. This includes both previously held and newly granted Nil Cost Options, giving him a larger equity-linked position tied to Vertical Aerospace’s common stock going forward.

When do the newly reported Vertical Aerospace options vest?

Of the 71,133 total options reported, 40,473 are already vested, while the remaining options are scheduled to vest on December 31, 2026. This creates a multi‑year incentive structure aligned with the company’s longer-term performance.

Did the Vertical Aerospace director buy or sell EVTL shares in the market?

No open-market buying or selling is shown. The Form 4 reports an “A” code transaction, meaning a grant or award. Benjamin Robert Story received Nil Cost Options as compensation, rather than executing a purchase or sale on the stock market.

What are Nil Cost Options in the context of Vertical Aerospace (EVTL)?

Nil Cost Options are options granted with a $0.00 exercise price on the underlying common stock. For Vertical Aerospace’s director, this award effectively gives potential future shares at no cash cost, subject to vesting conditions and any company-specific plan rules.
SEC Form 4
FORM 4UNITED 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*
Story Benjamin Robert

(Last)(First)(Middle)
UNIT 1 CAMWAL COURT, CHAPEL STREET

(Street)
BRISTOLBS2 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Nil Cost Options$0.0007/01/2026A30,660 (1) (1)Common Stock30,660$0.0071,133D
Explanation of Responses:
1. Of the total options reported, 40,473 are vested and the remaining options vest on December 31, 2026.
/s/ Darragh Hanley-Crofts as Attorney-in-Fact07/06/2026
** Signature of Reporting PersonDate
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)