Vertical Aerospace (EVTL) CEO awarded 514,508 nil-cost options expiring 2036

Q: What did Vertical Aerospace (EVTL) CEO Stuart Simpson report on this Form 4?

Stuart Simpson reported receiving 514,508 Nil Cost Options over Vertical Aerospace common stock. These options were granted at a $0.00 conversion price and represent a compensation-related award rather than an open-market share purchase or sale.

Q: When do Stuart Simpson’s new Vertical Aerospace (EVTL) options start vesting?

The newly granted Nil Cost Options begin vesting on March 31, 2026 . Additional portions vest quarterly thereafter according to the applicable vesting schedule, and each vesting event is conditioned on Simpson’s continued service with Vertical Aerospace through the relevant vesting date.

Q: What is the exercise or conversion price of the new EVTL Nil Cost Options?

The Nil Cost Options granted to Stuart Simpson have a conversion price of $0.00 per share . This means no cash payment is required to convert the options into common stock, subject to the vesting conditions and the stated expiration date.

Q: How many derivative securities does Stuart Simpson hold after this EVTL grant?

After the grant of 514,508 Nil Cost Options , Stuart Simpson’s total derivative securities related to Vertical Aerospace common stock are reported as 2,484,906 . This figure reflects his position following the reported compensation award on the Form 4.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson received a grant of 514,508 Nil Cost Options over the company’s common stock. These options carry a conversion price of $0.00 per share and have an expiration date of January 21, 2036.

The options begin vesting on March 31, 2026, with additional portions vesting quarterly thereafter under the applicable vesting schedule, subject to Simpson’s continued service through each vesting date. Following this award, he holds 2,484,906 derivative securities related to the company’s shares.

Insider Trade Summary 10b5-1

1 transaction reported

Mixed 1 txn

Insider Simpson Stuart

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Nil Cost Options	514,508	$0.00	--

Holdings After Transaction: Nil Cost Options — 2,484,906 shares (Direct)

Footnotes (1)

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Key Figures

Nil Cost Options granted: 514,508 options Conversion price: $0.00 per share Underlying shares: 514,508 common shares +3 more

6 metrics

Nil Cost Options granted 514,508 options Grant reported on March 31, 2026

Conversion price $0.00 per share Nil Cost Options exercise price

Underlying shares 514,508 common shares Underlying security for options

Total derivatives after grant 2,484,906 securities Holdings following transaction

Vesting start date March 31, 2026 Initial vesting for options

Expiration date January 21, 2036 Options expiry

Key Terms

Nil Cost Options, vesting schedule, derivative securities, Form 4

4 terms

Nil Cost Options financial

"security_title: "Nil Cost Options" and underlying_security_title: "Common Stock""

vesting schedule financial

"vesting quarterly thereafter in accordance with the applicable vesting schedule"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

derivative securities financial

"total_shares_following_transaction": "2484906.0000" (derivative securities)"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 04:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Simpson Stuart

(Last)

(First)

(Middle)

UNIT 1 CAMWAL COURT, CHAPEL STREET

(Street)

BRISTOL

BS2 0UW

(City)

(State)

(Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vertical Aerospace Ltd. [ EVTL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Nil Cost Options	$0.00	03/31/2026		A		514,508		⁽¹⁾	01/21/2036	Common Stock	514,508	$0.00	2,484,906	D

Explanation of Responses:

1. Options vest beginning 03/31/2026, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.

	/s/ Darragh Hanley-Crofts as Attorney-in-Fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Vertical Aerospace (EVTL) CEO Stuart Simpson report on this Form 4?

Stuart Simpson reported receiving 514,508 Nil Cost Options over Vertical Aerospace common stock. These options were granted at a $0.00 conversion price and represent a compensation-related award rather than an open-market share purchase or sale.

When do Stuart Simpson’s new Vertical Aerospace (EVTL) options start vesting?

The newly granted Nil Cost Options begin vesting on March 31, 2026. Additional portions vest quarterly thereafter according to the applicable vesting schedule, and each vesting event is conditioned on Simpson’s continued service with Vertical Aerospace through the relevant vesting date.

What is the exercise or conversion price of the new EVTL Nil Cost Options?

The Nil Cost Options granted to Stuart Simpson have a conversion price of $0.00 per share. This means no cash payment is required to convert the options into common stock, subject to the vesting conditions and the stated expiration date.

When do Stuart Simpson’s newly granted Vertical Aerospace options expire?

The Nil Cost Options granted to Stuart Simpson carry an expiration date of January 21, 2036. After this date, any unexercised portion of the award would no longer be exercisable, assuming it has vested and other conditions are satisfied before expiry.

How many derivative securities does Stuart Simpson hold after this EVTL grant?

After the grant of 514,508 Nil Cost Options, Stuart Simpson’s total derivative securities related to Vertical Aerospace common stock are reported as 2,484,906. This figure reflects his position following the reported compensation award on the Form 4.