Simpson Stuart 4

What Happened

• Stuart Simpson, CEO of Vertical Aerospace Ltd. (EVTL), received an award of 41,819 derivative shares/options on 2026-05-06. The award shows an acquisition price of $0.00, meaning no immediate cash was paid. This is a grant (transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-06; filing date: 2026-05-07 (timely).
• Award: 41,819 derivative shares/options at $0.00 per share (no immediate cost shown).
• Shares owned following the transaction: not specified in the information provided in your prompt.
• Footnote (F1): 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.
• Filing timeliness: Report appears timely (transaction reported the next day).

Context

• This was an equity award/grant — common for executive compensation. Because these are derivative awards with a future vesting schedule, there is no immediate sale or cashless exercise; the economic benefit depends on future vesting and any applicable exercise terms.
• Awards are routine corporate compensation and do not by themselves indicate management buying or selling stock for personal liquidity.