Director at Vertical Aerospace (NYSE: EVTL) granted 30,660 nil-cost stock options
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Nil Cost Options granted: 30,660 options
Exercise price: $0.00 per share
Total options after grant: 71,133 options
+2 more
5 metrics
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
Key Terms
Nil Cost Options, Common Stock, vested, Grant, award, or other acquisition
4 terms
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."
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.
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.