Vertical Aerospace (EVTL) awards 666,667 nil-cost stock options to its CEO
Rhea-AI Filing Summary
Vertical Aerospace Ltd. reported that Chief Executive Officer Stuart Simpson received a grant of 666,667 Nil Cost Options on 2026-08-11. These options, each over one share of common stock at a $0.00 exercise price, begin vesting on 09/30/2026 and continue to vest quarterly, subject to continued service. Following this award, Simpson holds 3,372,819 derivative securities linked to common stock, and the options are scheduled to expire on 2036-01-21.
Positive
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Negative
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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 | 666,667 | $0.00 | $0.00 |
Holdings After Transaction:
Nil Cost Options — 3,372,819 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
Options Granted: 666,667 options
Exercise Price: $0.00 per share
Derivative Holdings After Grant: 3,372,819 options
+2 more
5 metrics
Options Granted
666,667 options
Nil Cost Options granted to CEO on 2026-08-11
Exercise Price
$0.00 per share
Exercise price for the Nil Cost Options
Derivative Holdings After Grant
3,372,819 options
Total derivative securities held by CEO following this award
Vesting Start Date
09/30/2026
Initial vesting date for the granted options
Expiration Date
2036-01-21
Expiry of the Nil Cost Options grant
Key Terms
Nil Cost Options, vesting schedule, continued service
3 terms
Nil Cost Options financial
"Chief Executive Officer received a grant of 666,667 Nil Cost Options"
vesting schedule financial
"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"
FAQ
What did Vertical Aerospace (EVTL) disclose about CEO Stuart Simpson in this Form 4?
Vertical Aerospace disclosed that CEO Stuart Simpson received a grant of 666,667 Nil Cost Options on 2026-08-11. The options relate to common stock, have a $0.00 exercise price, and expire on 2036-01-21.
How many Nil Cost Options did the EVTL CEO receive and at what exercise price?
CEO Stuart Simpson was granted 666,667 Nil Cost Options tied to Vertical Aerospace common stock. The options carry a $0.00 per-share exercise price, meaning no cash payment is required to exercise, subject to the vesting conditions described.
What is the vesting schedule for the EVTL CEO’s new options?
The newly granted options to EVTL CEO Stuart Simpson begin vesting on 09/30/2026. Additional shares vest quarterly thereafter under the applicable vesting schedule, and vesting is subject to continued service through each vesting date.
What are Stuart Simpson’s derivative holdings after this EVTL Form 4 transaction?
After the reported grant, CEO Stuart Simpson holds 3,372,819 derivative securities linked to Vertical Aerospace common stock. This figure reflects the total derivative holdings following the 666,667-option award reported in the Form 4 filing.
When do the newly granted EVTL Nil Cost Options to the CEO expire?
The Nil Cost Options granted to EVTL CEO Stuart Simpson are scheduled to expire on 2036-01-21. They may be exercised once vested, consistent with the quarterly vesting schedule and the requirement for continued service through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
