Vertical Aerospace (EVTL) director awarded 29,481 RSUs, with tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertical Aerospace Ltd. director James Keith Brown reported routine equity compensation changes. He received a grant of 29,481 restricted stock units, each tied to one share of common stock. On the same date, 434 shares of common stock were disposed of to cover tax obligations at a price of $1.74 per share. After these transactions, he directly holds 32,076 shares of common stock. The restricted stock units will vest on December 31, 2026, and have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown James Keith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,481 | $0.00 | -- |
| Tax Withholding | Common Stock | 434 | $1.74 | $755.16 |
Holdings After Transaction:
Restricted Stock Units — 29,481 shares (Direct, null);
Common Stock — 32,076 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 434 shares
Tax-withholding price: $1.74 per share
RSU grant size: 29,481 RSUs
+3 more
6 metrics
Tax-withholding shares
434 shares
Common Stock disposed to cover tax obligations
Tax-withholding price
$1.74 per share
Price for 434-share tax-withholding disposition
RSU grant size
29,481 RSUs
Restricted Stock Units granted to director
Underlying common shares
29,481 shares
Common Stock underlying new RSU grant
Common shares after transaction
32,076 shares
Director’s direct common stock holdings following transactions
RSU vesting date
December 31, 2026
Vesting date of the restricted stock units
Key Terms
Restricted Stock Units, tax-withholding disposition, grant/award acquisition
3 terms
Restricted Stock Units financial
"The restricted stock units will vest on December 31, 2026, and have no expiration date."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant/award acquisition financial
"Grant, award, or other acquisition"
FAQ
What did EVTL director James Keith Brown report in this Form 4?
He reported a routine compensation-related equity update, including a grant of 29,481 restricted stock units and a tax-related disposition of 434 common shares, with no open-market buying or selling involved.
How many Vertical Aerospace (EVTL) RSUs were granted to the director?
James Keith Brown was granted 29,481 restricted stock units. Each unit represents a right to receive one share of common stock, providing additional potential ownership once the units vest in the future.
When do the newly granted EVTL restricted stock units vest?
The restricted stock units vest on December 31, 2026. Vesting means the director will earn the underlying common shares on that date, assuming any applicable service or other conditions are satisfied.
Does this EVTL Form 4 indicate open-market buying or selling by the director?
No, the Form 4 shows no open-market purchases or sales. It records a grant of restricted stock units and a tax-withholding disposition, both of which are routine compensation and tax-management events.