Simpson Stuart 4

What Happened

• Stuart Simpson, CEO of Vertical Aerospace Ltd. (EVTL), received a derivative award of 514,508 shares (recorded at $0.00) on 2026-03-31. The filing shows an award/grant (transaction code A) rather than an open-market purchase or sale; no cash changed hands at grant.

Key Details

• Transaction date and price: 2026-03-31; reported acquisition price $0.00; transaction coded as an Award/Grant (A).
• Instrument type: derivative award (footnote indicates these are options that vest over time).
• Vesting: Options vest beginning 03/31/2026, with additional shares vesting quarterly thereafter, subject to continued service through each vesting date (per footnote F1).
• Shares owned after transaction: Not specified in the excerpt provided.
• Filing timeliness: Form 4 filed 2026-04-01 for a 2026-03-31 transaction — appears to be timely (Form 4 is typically due within two business days).

Context

• This is a grant of derivative securities (options/awards) to the CEO that will convert into exercisable/owned shares only as portions vest; it is not an immediate purchase or sale. Such awards are common for executive compensation and do not by themselves indicate a buy or sell signal.