Vertical Aerospace Ltd.·4

Apr 22, 4:01 PM ET

Simpson Stuart 4

4 · Vertical Aerospace Ltd. · Filed Apr 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Vertical Aerospace (EVTL) CEO Simpson Stuart Receives Award

What Happened
Simpson Stuart, CEO of Vertical Aerospace Ltd. (EVTL), received a grant of 107,737 derivative shares on 2026-04-20. The filing reports the acquisition price as $0.00 (a stock-based award/option grant), so no cash changed hands at grant.

Key Details

  • Transaction date: 2026-04-20; Form 4 filed 2026-04-22 (appears timely).
  • Transaction type: Award/Grant (derivative) — 107,737 shares acquired at $0.00.
  • Shares owned after transaction: Not specified in the supplied filing details.
  • Footnote: Options vest beginning 06/30/2026, with additional shares vesting quarterly thereafter per the applicable vesting schedule, subject to continued service through each vesting date.

Context
This was a time-based equity award (derivative grant) rather than an open-market purchase or sale. Such grants align executive compensation with future performance and retention; they only convert into owned, tradable shares as they vest and subject to company plan rules, so they do not represent immediate buying pressure or liquidity.

Insider Transaction Report

Form 4
Period: 2026-04-20
Simpson Stuart
Chief Executive Officer
Transactions
  • Award

    Nil Cost Options

    [F1]
    2026-04-20+107,7372,592,642 total
    Exercise: $0.00Exp: 2036-01-21Common Stock (107,737 underlying)
Footnotes (1)
  • [F1]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.
Signature
/s/ Darragh Hanley-Crofts as Attorney-in-Fact|2026-04-22

Documents

1 file
  • 4
    tm2612366-1_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT