Parker Andrew David 4
4 · Vertical Aerospace Ltd. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Vertical Aerospace (EVTL) Director Parker Andrew David Receives Award
What Happened
Parker Andrew David, a director of Vertical Aerospace Ltd. (EVTL), was granted a derivative award of 29,481 shares (reported as acquired at $0.00) on 2026-07-01. The filing shows a total reported cash value of $0 because this is a grant/option-type award rather than a cash purchase. Per the filing, 22,984 of the options are vested immediately; the remaining options vest on December 31, 2026.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-06 (filed 5 days after the transaction; appears late relative to the usual two-business-day deadline).
- Transaction type/code: Award/Grant (A); derivative instrument (likely stock options).
- Units granted: 29,481; price shown: $0.00 per share; reported cash value: $0.
- Vesting: 22,984 vested now; remainder vests 2026-12-31 (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 clarifies the vested vs. unvested split.
Context
This was a compensation-related equity award (derivative/options), not an open-market buy or sale. Such grants are common for executives and directors and give the holder the right to acquire shares in the future once exercised. The later filing date is noted for transparency; timing of filings can matter for monitoring insider activity but does not, by itself, indicate the insider’s intent.
Insider Transaction Report
- Award
Nil Cost Options
[F1]2026-07-01+29,481→ 52,465 totalExercise: $0.00→ Common Stock (29,481 underlying)
Footnotes (1)
- [F1]Of the total options reported, 22,984 are vested and the remaining options vest on December 31, 2026.