New Horizon Aircraft Ltd. reported that director Janjua Jameel acquired 14,145 Class A Ordinary Shares on 2026-08-04. The transaction is coded as a grant, award, or other acquisition at a reported price of $0.0000 per share, resulting in direct ownership of 14,145 shares.
Maris John Michael reported acquisition or exercise transactions in this Form 4 filing.
New Horizon Aircraft Ltd. director Maris John Michael received a grant of 7,388 Class A Ordinary Shares without par value on August 4, 2026, at 0.0000 per share. After this award, he directly holds 71,867 Class A Ordinary Shares. The transaction was not made under a Rule 10b5-1 trading plan.
Pinsent John Harold Charles reported acquisition or exercise transactions in this Form 4 filing.
New Horizon Aircraft Ltd. director Pinsent John Harold Charles received a grant of 9,614 Class A Ordinary Shares without par value on August 4, 2026, at a stated price of 0.0000 per share. Following this award, he directly holds 74,093 shares. The transaction was not marked as pursuant to a Rule 10b5-1 trading plan.
New Horizon Aircraft Ltd. director Nomura Trisha reported a grant or award acquisition of 15,210 Class A Ordinary Shares without par value on 2026-08-04 at a stated price of 0.0000 per share. Following this acquisition, she directly holds 176,257 Class A Ordinary Shares. The filing indicates the transaction was not effected under a Rule 10b5-1 trading plan.
New Horizon Aircraft Ltd., an advanced aerospace company developing one of the first hybrid-electric VTOL aircraft, reported financial and operational results for the fourth quarter and fiscal year ended May 31, 2026. It highlighted a strengthened balance sheet of $78.3 Million and continued progress on full-scale development of its Cavorite X7 aircraft.
The company scheduled a webcast and conference call on July 16, 2026 at 8:30 a.m. Eastern Time, featuring CEO Brandon Robinson and CFO Brian Merker, to discuss results and provide a business update. The accompanying press release also includes extensive forward-looking statements about funding, testing, certification, production and market opportunities, all subject to significant risks and uncertainties.
New Horizon Aircraft Ltd., a British Columbia-based aerospace OEM, is developing the hybrid-electric Cavorite X7, a 7-seat eVTOL aircraft for the Regional Air Mobility market. The design targets speeds above 250 miles per hour, range over 500 miles and a useful load of 1,500–1,800 lbs.
The aircraft uses patented fan-in-wing HOVR Wing technology and a hybrid powertrain so it can take off vertically yet cruise like a conventional airplane, operate from austere locations and potentially be certified for flight into known icing. The company has completed flight testing of a 50%-scale prototype and is building a full-scale demonstrator.
New Horizon completed a SPAC business combination in January 2024 and has not yet started commercial operations, expecting no material aircraft sales before Transport Canada Type Certification, which it targets before 2030, with first deliveries in 2029 at the earliest. It holds 31 patents, reported $13.2 million in R&D expense in fiscal 2026, and had 66,825,837 Class A shares outstanding as of July 16, 2026.
New Horizon Aircraft’s Head of People and Strategy, Lee Stewart Murray, had 103,734 Performance Share Units vest on May 26, 2026 based on market‑capitalization performance, converting into an equal number of Class A ordinary shares. To cover tax obligations, 26,047 shares were withheld at $3.68 per share with no cash proceeds, leaving him holding 269,433 Class A shares directly. These PSUs vest under performance hurdles tied to a US$250,000,000 market‑capitalization target and share returns versus the Russell Microcap Index.
New Horizon Aircraft Ltd. Chief Operating Officer Jason O'Neill exercised performance share units into 103,734 Class A shares on May 26, 2026. 30,782 shares were disposed of to cover tax obligations, and the vesting was tied to market-cap and index-based performance criteria, leaving 146,266 PSUs outstanding.
New Horizon Aircraft Ltd. Chief Financial Officer Brian Frederick Merker exercised 129,668 Performance Share Units (PSUs) into Class A ordinary shares on May 26, 2026, at $0.00 per unit. To cover taxes, 38,478 shares were disposed of at $3.68 per share, with no cash proceeds to him.
After these transactions, he holds 363,622 Class A shares directly and 182,832 PSUs. A footnote notes that 207,468 PSUs vested based on market capitalization performance criteria tied to a US$250,000,000 target.
New Horizon Aircraft Ltd. chief executive Eric Brandon Robinson reported vesting and exercise of 207,468 Performance Share Units (PSUs) into Class A ordinary shares on May 26, 2026, based on market capitalization performance criteria. Of these, 52,093 shares were disposed of to cover tax withholding obligations, with no cash proceeds to him.
Robinson now holds 634,226 Class A ordinary shares directly, including shares acquired under the employee share purchase plan, and 1,372,510 shares indirectly through Robinson Family Ventures Inc., for which he disclaims beneficial ownership beyond his pecuniary interest. He also retains 292,532 PSUs expiring on December 15, 2029.