Vertical Aerospace Ltd NYSE: EVTL
On October 16, 2026, John Patrick Maloney, Chief Financial Officer and Principal Financial Officer of Vertical Aerospace Ltd. (NYSE: EVTL), filed a Form 4 disclosure with the U.S. Securities and Exchange Commission detailing derivative transactions executed on October 14, 2026, under an approved option repricing program. Maloney received 175,000 nil--cost options with an exercise price of $0.00 expiring in October 2036, alongside 187,500 new stock options exercisable at $1.30 per share. Concurrently, two underwater legacy tranches totaling 112,500 options with exercise prices of $3.50 and $5.82 were cancelled for no consideration, aligning executive retention packages with current market valuations.