Slattery Domhnal 4

What Happened
Domhnal Slattery, a director of Vertical Aerospace Ltd. (EVTL), received a grant/award of 360,155 derivative shares/options on 2026-03-31. The Form 4 reports an acquisition price of $0 and a reported total value of $0 for the transaction. This is an equity award (not an open-market purchase or sale) and generally reflects compensation or incentive alignment rather than an immediate cash investment or divestment.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-01 (appears timely).
• Transaction type/code: A — Grant/Award (derivative). Reported price: $0.
• Quantity: 360,155 derivative shares/options. Reported total value: $0.
• Vesting: Per footnote F1, options vest beginning 03/31/2026 with additional shares vesting quarterly thereafter, subject to continued service.
• Shares owned after transaction: Not reported in the provided data.
• No 10b5-1 plan, tax-withholding, or sale information is noted on this filing.

Context
Derivative awards to directors are common as long-term incentive compensation; they typically vest over time and require continued service to convert into exercisable or deliverable shares. Because this was an award (not a purchase or sale), it does not indicate an immediate change in investment exposure and should be interpreted as part of the director’s compensation package rather than a direct bullish or bearish trading signal.