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Arqit Quantum officer proposes $11.9K share sale

The notice says part of the sale covers a tax obligation arising from settlement of a vested equity award distribution.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Arqit Quantum Inc. officer Nicholas W. Nilan gave notice of a proposed sale of 493 common shares, with an aggregate market value of $11,926.41 and an approximate sale date of October 6, 2026. The shares were acquired from the issuer through restricted stock vesting on October 5, 2026, as compensation. The notice says the sale includes an amount necessary to cover a tax obligation resulting from settlement of a vested equity award distribution. It also lists two sales during the prior three months: 494 shares for $12,090.30 on October 2, 2026, and 522 shares for $12,415.61 on October 5, 2026.

Proposed sale 493 common shares Approximate sale date October 6, 2026
Aggregate market value $11,926.41 For the 493 common shares proposed for sale
Shares outstanding 15,291,767 shares Issuer shares outstanding
Prior sale 494 common shares October 2, 2026; $12,090.30 also listed
Prior sale 522 common shares October 5, 2026; $12,415.61 also listed
Restricted Stock Vesting financial
"Restricted Stock Vesting"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
vested equity award distribution financial
"settlement of a vested equity award distribution"
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ARQQ shares did Nicholas W. Nilan plan to sell?

Nicholas W. Nilan gave notice of a proposed sale of 493 common shares, with an aggregate market value of $11,926.41 and an approximate sale date of October 6, 2026. The notice says the sale includes an amount necessary to cover a tax obligation resulting from settlement of a vested equity award distribution.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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