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Vertical Aerospace (EVTL) CEO receives 71,690 nil-cost stock options grant

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

Rhea-AI Filing Summary

Vertical Aerospace Ltd. reported that Chief Executive Officer Stuart Simpson received a grant of 71,690 Nil Cost Options over common stock as equity compensation. These options carry a £0.00 exercise price and increase his directly held derivative position to 2,706,152 options after the transaction.

The options begin vesting on June 30, 2026, with additional portions vesting quarterly thereafter under the applicable vesting schedule, conditioned on Mr. Simpson’s continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.

Positive

  • None.

Negative

  • None.
Insider Simpson Stuart
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Nil Cost Options 71,690 $0.00 --
Holdings After Transaction: Nil Cost Options — 2,706,152 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 71,690 options Nil Cost Options over common stock granted to CEO
Exercise price 0.0000 per share Nil Cost Options exercise price
Holdings after grant 2,706,152 options Total derivative securities held directly after transaction
Vesting start date June 30, 2026 Initial vesting date for the option grant
Expiration date January 21, 2036 Nil Cost Options expiration if unexercised
Nil Cost Options financial
"Stuart Simpson received a grant of 71,690 Nil Cost Options over common stock."
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.
derivative securities financial
"increase his directly held derivative position to 2,706,152 options after the transaction."
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.
Form 4 regulatory
"Stuart Simpson reported receiving a grant of 71,690 Nil Cost Options in this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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).
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*
Simpson Stuart

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
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$0.0005/27/2026A71,690 (1)01/21/2036Common Stock71,690$0.002,706,152D
Explanation of Responses:
1. Options vest beginning 06/30/2026, 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-Fact05/29/2026
** 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)

FAQ

What did Vertical Aerospace (EVTL) CEO Stuart Simpson report in this Form 4?

Stuart Simpson reported receiving a grant of 71,690 Nil Cost Options over Vertical Aerospace common stock. These options were awarded as equity compensation and increase his total directly held derivative position to 2,706,152 options following the transaction.

Are the EVTL options granted to CEO Stuart Simpson an open-market buy or sell?

The reported transaction is a grant of Nil Cost Options, not an open-market purchase or sale. It reflects an equity compensation award to the CEO rather than a discretionary trade in Vertical Aerospace shares on the open market.

When do Stuart Simpson’s newly granted Vertical Aerospace options start vesting?

The Nil Cost Options begin vesting on June 30, 2026. Additional portions vest quarterly thereafter, following the applicable vesting schedule, and each vesting installment is conditioned on Mr. Simpson’s continued service with Vertical Aerospace through the relevant vesting date.

What is the exercise price and expiry of the EVTL Nil Cost Options granted?

The granted instruments are Nil Cost Options with an exercise price of 0.0000 per share of Vertical Aerospace common stock. They have an expiration date of January 21, 2036, after which any unexercised options will lapse.

How many Vertical Aerospace derivative securities does the CEO hold after this option grant?

After receiving the 71,690 Nil Cost Options, Stuart Simpson holds a total of 2,706,152 derivative securities directly. This figure represents his reported derivative holdings following the grant, as disclosed in the Form 4 transaction details.