Vertical Aerospace (NYSE: EVTL) CEO receives 107,737 nil-cost stock options

Rhea-AI Filing Summary

Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson received a grant of 107,737 Nil Cost Options over common stock. These options were awarded at an exercise price of $0.00 per share and increase his directly held derivative position to 2,592,642 options.

The options begin vesting on June 30, 2026, with additional portions vesting quarterly under the company’s vesting schedule, contingent on Simpson’s 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 Simpson Stuart

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Nil Cost Options	107,737	$0.00	--

Holdings After Transaction: Nil Cost Options — 2,592,642 shares (Direct, null)

Footnotes (1)

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Key Figures

Nil Cost Options granted: 107,737 options Total options after transaction: 2,592,642 options Exercise price: $0.00 per share +2 more

5 metrics

Nil Cost Options granted 107,737 options Grant to CEO on April 20, 2026

Total options after transaction 2,592,642 options CEO derivative holdings following grant

Exercise price $0.00 per share Nil Cost Options grant

Vesting start date June 30, 2026 Initial vesting for granted options

Expiration date January 21, 2036 Nil Cost Options expiry

Key Terms

Nil Cost Options, vesting, exercise price, Common Stock

4 terms

Nil Cost Options financial

"The reporting person acquired Nil Cost Options over common stock."

vesting financial

"Options vest beginning 06/30/2026, with additional shares vesting quarterly thereafter"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

exercise price financial

"These options were awarded at an exercise price of $0.00 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

Common Stock financial

"underlying security title is Common Stock for the Nil Cost Options"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

Simpson Stuart

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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	04/20/2026		A		107,737		(1)	01/21/2036	Common Stock	107,737	$0.00	2,592,642	D

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-Fact	04/22/2026
	** 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 insider transaction did EVTL CEO Stuart Simpson report on this Form 4?

Stuart Simpson reported receiving 107,737 Nil Cost Options as an equity award. These options give him the right to acquire common shares at $0.00 per share, adding to his existing option-based exposure to Vertical Aerospace Ltd.

How many EVTL options does CEO Stuart Simpson hold after this grant?

After this award, Stuart Simpson holds 2,592,642 options in total as reported in the filing. This figure reflects his direct derivative position following the 107,737 Nil Cost Options grant described in the Form 4.

When do Stuart Simpson’s newly granted EVTL Nil Cost Options start vesting?

The newly granted Nil Cost Options begin vesting on June 30, 2026. Additional portions of the award vest quarterly thereafter, following the company’s vesting schedule, provided Simpson continues to serve through each applicable vesting date.

What is the exercise price and expiration date of the new EVTL Nil Cost Options?

The Nil Cost Options have an exercise price of $0.00 per share and expire on January 21, 2036. This means Simpson can exercise vested options at no cost per share any time before that expiration date, subject to plan terms.

Is the EVTL Form 4 transaction a market purchase or sale of shares?

No, the Form 4 reflects a grant of Nil Cost Options as compensation, not a market trade. The transaction is coded as an award acquisition, with no reported open-market buying or selling of Vertical Aerospace common stock in this filing.