Vertical Aerospace CEO granted 44K nil-cost options
Vertical Aerospace Ltd. (EVTL) reported that Chief Executive Officer Stuart Simpson received a grant of 44,013 Nil Cost Options on August 19, 2026.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options F1 | 44,013 | $0.00 | $0.00 |
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
Key Terms
Nil Cost Options financial
vesting schedule financial
underlying security financial
derivative securities financial
FAQ
What transaction did EVTL CEO Stuart Simpson report on this Form 4?
When do the newly granted EVTL Nil Cost Options to the CEO begin vesting?
What is the exercise price of the Nil Cost Options granted to the EVTL CEO?
What is the expiration date of the EVTL Nil Cost Options granted on August 19, 2026?
Are the EVTL CEO’s Nil Cost Options immediately vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.