Vertical Aerospace (EVTL) grants CEO 44K no-cost options
Rhea-AI Filing Summary
Vertical Aerospace Ltd. (EVTL) reported that Chief Executive Officer Stuart Simpson received a grant of 44,013 Nil Cost Options on August 19, 2026. These options relate to an equal number of shares of common stock, have a zero exercise price, and expire on January 21, 2036.
Following this award, Simpson holds 3,416,832 derivative securities directly. According to the vesting terms, the options begin vesting on September 30, 2026, with additional portions vesting quarterly thereafter under an applicable vesting schedule, subject to his continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simpson Stuart
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options F1 | 44,013 | $0.00 | $0.00 |
Holdings After Transaction:
Nil Cost Options — 3,416,832 shares (Direct)
Footnotes (1)
- F1. Options vest beginning 09/30/2026, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.
Key Figures
Nil Cost Options granted: 44,013 options
Exercise price: $0.00 per share
Underlying common shares: 44,013 shares
+3 more
6 metrics
Nil Cost Options granted
44,013 options
Grant to CEO on August 19, 2026
Exercise price
$0.00 per share
Nil Cost Options underlying common stock
Underlying common shares
44,013 shares
Shares underlying the Nil Cost Options granted
Holdings after transaction
3,416,832 derivative securities
Direct holdings of CEO following the grant
Option expiration date
January 21, 2036
Expiration of Nil Cost Options granted to CEO
Vesting commencement
September 30, 2026
Start of vesting for the Nil Cost Options, then quarterly thereafter
Key Terms
Nil Cost Options, vesting schedule, underlying security, derivative securities
4 terms
Nil Cost Options financial
"security_title: "Nil Cost Options""
vesting schedule financial
"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.
underlying security financial
"underlying_security_title: "Common Stock""
derivative securities financial
"derivativeTransactionCount": 1"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What transaction did EVTL CEO Stuart Simpson report on this Form 4?
Stuart Simpson reported a grant of 44,013 Nil Cost Options on August 19, 2026. Each option represents one share of common stock, with an exercise price of $0.00 per share and an expiration date of January 21, 2036.
When do the newly granted EVTL Nil Cost Options to the CEO begin vesting?
The newly granted Nil Cost Options begin vesting on September 30, 2026. Additional shares vest quarterly thereafter in line with the applicable vesting schedule, and vesting is subject to continued service through each vesting date.
What is the exercise price of the Nil Cost Options granted to the EVTL CEO?
The Nil Cost Options granted to the CEO have an exercise price of $0.00 per share, meaning they can be exercised for common stock without cash payment, subject to vesting and other applicable conditions.
What is the expiration date of the EVTL Nil Cost Options granted on August 19, 2026?
The Nil Cost Options granted to Stuart Simpson on August 19, 2026, have an expiration date of January 21, 2036. They remain exercisable up to this date, subject to vesting and continued service conditions.
Are the EVTL CEO’s Nil Cost Options immediately vested?
No. The options vest beginning September 30, 2026, with additional portions vesting quarterly thereafter. Vesting is conditioned on the CEO’s continued service through each vesting date, as described in the award’s vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.