Arqit (ARQQ) insider sales: 749 vested shares proposed; July sales totaled 27,468
Rhea-AI Filing Summary
Form 144 notice for Arqit Quantum Inc. (ARQQ): An upcoming sale of 749 common shares is proposed to be executed through Fidelity Brokerage Services on 10/02/2025 with an aggregate market value of $32,290.14. The filing shows these 749 shares were acquired on 10/01/2025 on vesting of restricted stock and were received as compensation. The issuer reports 11,545,354 shares outstanding.
The filing also discloses prior sales by the same person, Andrew J. Leaver: 2,468 shares sold on 07/07/2025 for $81,567.89 and 25,000 shares sold on 07/18/2025 for $1,080,075.17. The notice includes the required declaration that the seller is not aware of undisclosed material adverse information.
Positive
- Required Rule 144 disclosure filed for the proposed sale of 749 shares
- 749 shares were acquired via restricted stock vesting and are identified as compensation
Negative
- Large insider sales in July 2025: 25,000 shares for $1,080,075.17
- Additional July sale of 2,468 shares for $81,567.89
Insights
TL;DR: Routine Rule 144 disclosure showing vested restricted shares and prior open-market insider sales.
The filing documents a proposed sale under Rule 144 of 749 shares that vested on 10/01/2025 and were classified as compensation, which is consistent with insiders selling shares received on vesting after required holding/transfer conditions are met. The notice also lists two prior sales by the same individual totaling 27,468 shares in July 2025, with gross proceeds shown; these are reported transactions rather than an unexplained transfer.
TL;DR: Significant prior July sales by the same person may be material to investor interest.
The disclosure shows prior open-market sales of 25,000 shares for $1,080,075.17 and 2,468 shares for $81,567.89, which are concrete, reportable insider dispositions in the recent quarter. These historical sales provide context for the smaller proposed sale of vested compensation shares.