Simpson Stuart 4

What Happened

• Stuart Simpson, CEO of Vertical Aerospace Ltd. (EVTL), reported a grant/award of 71,690 derivative securities on 2026-05-27. The filing shows an acquisition at $0.00 per share (reported value $0). This is a compensation award/option grant, not an open-market purchase or sale, so there was no immediate cash transaction.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (timely filing).
• Instrument: Derivative award reported as "A" (grant/acquisition); price reported $0.00 per share.
• Quantity: 71,690 shares (derivative).
• Vesting: Footnote F1 states options vest beginning 06/30/2026, with additional shares vesting quarterly thereafter, subject to continued service through each vesting date.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• No indication of a 10b5-1 plan, tax withholding, or an immediate sale in this filing.

Context

• This filing documents a grant of equity-linked compensation (options or RSU-style awards) to the CEO. Such awards are common for aligning management incentives with long-term shareholder value; they do not represent an immediate buy or sale of shares.
• Because vesting starts 06/30/2026 and is subject to continued service, these shares are not immediately available for sale and will only convert into owned/eligible shares as they vest.