Simpson Stuart 4

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.