Vertical Aerospace (EVTL) grants director 360K nil-cost stock options

Rhea-AI Filing Summary

Vertical Aerospace Ltd. director Domhnal Slattery received a grant of 360,155 Nil Cost Options over common stock as compensation. These options have a £0.00 exercise price and bring his total options to 1,739,434 following the grant.

The options begin vesting on March 31, 2026, with additional portions vesting quarterly under the applicable vesting schedule, subject to his continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.

Insider Trade Summary 10b5-1

1 transaction reported

Mixed 1 txn

Insider Slattery Domhnal

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Nil Cost Options	360,155	$0.00	--

Holdings After Transaction: Nil Cost Options — 1,739,434 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Options granted: 360,155 options Exercise price: 0.0000 per share Total options after grant: 1,739,434 options +2 more

5 metrics

Options granted 360,155 options Nil Cost Options over common stock granted to director

Exercise price 0.0000 per share Exercise price of Nil Cost Options

Total options after grant 1,739,434 options Director’s derivative holdings following the transaction

Vesting start date March 31, 2026 Initial vesting date; additional vesting quarterly thereafter

Option expiration date January 21, 2036 Expiry of Nil Cost Options if not exercised

Key Terms

Nil Cost Options, vesting schedule, continued service, expiration date

4 terms

Nil Cost Options financial

"The reporting person received a grant of 360,155 Nil Cost Options"

vesting schedule financial

"with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

continued service financial

"subject to continued service through each vesting date"

expiration date financial

"expiration_date": "2036-01-21T00:00:00.000Z""

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Slattery Domhnal

(Last) (First) (Middle)

UNIT 1 CAMWAL COURT, CHAPEL STREET

(Street)

BRISTOL BS2 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Nil Cost Options	$0.00	03/31/2026		A		360,155		(1)	01/21/2036	Common Stock	360,155	$0.00	1,739,434	D

Explanation of Responses:

1. Options vest beginning 03/31/2026, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.

	/s/ Darragh Hanley-Crofts as Attorney-in-Fact	04/01/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did Domhnal Slattery acquire in this Vertical Aerospace (EVTL) Form 4 filing?

Domhnal Slattery received a grant of 360,155 Nil Cost Options over Vertical Aerospace common stock. These are compensation-related options, not open-market purchases, and increase his total option holdings to 1,739,434 following this award.

What is the exercise price of Domhnal Slattery’s Nil Cost Options at Vertical Aerospace (EVTL)?

The Nil Cost Options granted to Domhnal Slattery have an exercise price of 0.0000 per share. This means he does not pay a cash exercise price to receive the underlying common stock when the options are validly exercised.

How and when do Domhnal Slattery’s Vertical Aerospace (EVTL) options vest?

The options begin vesting on March 31, 2026, with additional shares vesting quarterly thereafter. Vesting follows the applicable vesting schedule and is conditioned on Slattery’s continued service through each vesting date.

When do Domhnal Slattery’s Nil Cost Options in Vertical Aerospace (EVTL) expire?

The granted Nil Cost Options are scheduled to expire on January 21, 2036. If they are not exercised by that expiration date, the rights to acquire the underlying Vertical Aerospace common shares will lapse.

How many Vertical Aerospace (EVTL) options does Domhnal Slattery hold after this grant?

After this grant, Domhnal Slattery holds a total of 1,739,434 options according to the Form 4 data. This figure reflects his derivative holdings following the award of 360,155 new Nil Cost Options.