4Filed Aug 23, 8:00 PM ET
Vertical Aerospace (EVTL) CEO Stuart Simpson Receives Award
$EVTL · Vertical Aerospace Ltd.Research Summary
AI-generated summary of this SEC filing
Vertical Aerospace (EVTL) CEO Stuart Simpson Receives Award
What Happened
Stuart Simpson, CEO of Vertical Aerospace Ltd. (EVTL), was granted 44,013 derivative shares (reported acquisition at $0) on 2026-08-19. This was a company award/grant (derivative security), not an open-market purchase or sale, and no cash was exchanged in the reported transaction.
Key Details
- Transaction date: 2026-08-19; filing date: 2026-08-24 (filed 5 days after the transaction — appears later than the SEC’s typical 2-business-day Form 4 deadline).
- Transaction type: A = Award/Grant (derivative). Reported acquisition: 44,013 shares at $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnote F1: Options/awards vest beginning 09/30/2026, with additional shares vesting quarterly thereafter per the applicable vesting schedule, subject to continued service through each vesting date.
Context
This was a grant of a derivative interest (often options or restricted stock units) rather than an immediate stock purchase or sale. Reported price $0 is common for awards; it does not necessarily reflect the eventual economic value once vested. Because this is a compensation-related grant, it is routine executive compensation rather than a direct market signal of buying or selling.