Arqit Quantum (NASDAQ: ARQQ) executive reports 8,631 RSUs in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Arqit Quantum Inc. executive Nilan Nicholas William, General Manager-US, reported his initial beneficial ownership on a Form 3. He holds restricted stock units tied to 8,631 ordinary shares, each RSU representing a contingent right to receive one ordinary share.
According to the vesting schedule, 2,879 RSUs are scheduled to vest on October 1, 2026. The remaining RSUs vest in equal quarterly installments on January 1, April 1, July 1, and October 1 of 2027 and 2028, reflecting a multi-year equity compensation structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nilan Nicholas William
Role
General Manager-US
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,631 shares (Direct)
Footnotes (1)
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FAQ
What does the ARQQ Form 3 filing by Nilan Nicholas William report?
The Form 3 reports Nilan Nicholas William’s initial beneficial ownership in Arqit Quantum. He holds restricted stock units linked to 8,631 ordinary shares, providing contingent rights to receive shares as they vest over a defined multi-year schedule through 2028.
What is the vesting schedule for Nilan Nicholas William’s ARQQ RSUs?
The vesting schedule starts with 2,879 RSUs vesting on October 1, 2026. The remaining RSUs vest in equal quarterly installments on January 1, April 1, July 1, and October 1 of 2027 and 2028, creating a staggered, long-term equity timeline.
Are the ARQQ restricted stock units held by Nilan Nicholas William directly?
Yes. The filing classifies the RSU ownership as direct. The derivative summary lists restricted stock units with underlying ordinary shares and identifies the ownership type as direct, indicating they are attributed personally rather than through an intermediary entity.
Does the ARQQ Form 3 show any insider buying or selling activity?
No specific buying or selling activity is shown in this Form 3. It records a holding of restricted stock units tied to 8,631 ordinary shares, focusing on initial beneficial ownership and vesting terms rather than reporting open-market or other transactional activity.