Arqit Quantum (NASDAQ: ARQQ) CEO reports RSUs and share stake in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Arqit Quantum Inc. Chief Executive Officer Andrew Leaver has reported his initial ownership in a Form 3 filing. He holds restricted stock units representing 234,375 ordinary shares, each RSU convertible into one ordinary share at no exercise price. These RSUs vest quarterly from April 1, 2026 through January 1, 2029 on specified dates. He also directly owns 37,721 ordinary shares, showing both current equity and a sizable, time-based compensation stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leaver Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 234,375 shares (Direct);
Ordinary Shares — 37,721 shares (Direct)
Footnotes (1)
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FAQ
What insider position did ARQQ CEO Andrew Leaver report on this Form 3?
Andrew Leaver reported initial holdings of RSUs and ordinary shares. The filing shows 234,375 restricted stock units tied to ordinary shares and 37,721 ordinary shares held directly, outlining his starting equity position as Chief Executive Officer.
How many Arqit Quantum Inc. (ARQQ) RSUs does the CEO hold?
The CEO holds 234,375 restricted stock units. Each RSU represents a contingent right to receive one ARQQ ordinary share, providing significant potential future ownership as the units vest over the stated schedule.
What is the vesting schedule for ARQQ CEO Andrew Leaver’s RSUs?
The RSUs vest quarterly from 2026 through 2029. Vesting occurs in equal installments on April 1, July 1, and October 1, 2026, then January 1, April 1, July 1, and October 1 of 2027, 2028, and 2029.
Do Andrew Leaver’s ARQQ RSUs require a cash exercise price?
The RSUs have a stated exercise price of 0.0000. This means each restricted stock unit converts into one ordinary share without additional cash payment when vesting and settlement conditions are satisfied.
What does this ARQQ Form 3 filing indicate for new investors?
The Form 3 establishes the CEO’s initial equity stake. It details both his existing ordinary shares and a substantial grant of time-vested RSUs, showing a compensation structure tied to future company performance and continued service.