Vertical Aerospace Ltd.·4

Jul 6, 4:02 PM ET

Ky Patrick Marc 4

4 · Vertical Aerospace Ltd. · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Vertical Aerospace (EVTL) Director Ky Patrick Marc Receives RSU Award

What Happened

  • Ky Patrick Marc, a director of Vertical Aerospace Ltd. (EVTL), was granted 28,301 restricted stock units (RSUs) on 2026-07-01 (transaction code A). The grant shows no cash value at grant (reported $0.00) because RSUs are a derivative award that convert to common shares on vesting.
  • To cover tax withholding related to the award, 728 shares were surrendered/withheld on the same date at an indicated price of $1.74 per share, totaling about $1,267 (transaction code F).

Key Details

  • Transaction date: 2026-07-01; Filing date: 2026-07-06 (appears later than the typical 2-business-day Form 4 window).
  • Grant: 28,301 RSUs (A) at $0.00 reported value; Tax withholding: 728 shares disposed (F) at $1.74 each ≈ $1,267.
  • Vesting note (footnote): The RSUs will vest on December 31, 2026 and have no expiration date.
  • Shares owned after the transaction: not specified in the filing.

Context

  • This filing records a compensation award (RSUs), not an open-market purchase or sale — such grants are common forms of director compensation and do not necessarily signal a personal investment decision.
  • The 728-share disposition was a tax withholding action to satisfy tax liability on the RSU award, not a market sale for cash proceeds beyond the withholding.

Insider Transaction Report

Form 4
Period: 2026-07-01
Transactions
  • Tax Payment

    Common Stock

    2026-07-01$1.74/sh728$1,26721,691 total
  • Award

    Restricted Stock Units

    [F1]
    2026-07-01+28,30128,301 total
    Exercise: $0.00Common Stock (28,301 underlying)
Footnotes (1)
  • [F1]The restricted stock units will vest on December 31, 2026, and have no expiration date.
Signature
/s/ Darragh Hanley-Crofts as Attorney-in-Fact|2026-07-06

Documents

1 file
  • 4
    tm2619802-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT