Arqit Quantum (ARQQ) counsel sells 2,009 shares after exercising 3,555 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. General Counsel Patrick Willcocks reported a combination of option exercises and share sales. On July 1, 2026, he exercised derivative awards, acquiring 3,555 Ordinary Shares at a price of $0.00 per share through multiple transactions.
These derivative transactions included the conversion of Restricted Share Units, which convert into ARQQ ordinary shares on a one-for-one basis, with certain RSUs vesting on July 1, 2026. On July 2, 2026, he completed an open-market sale of 2,009 Ordinary Shares at an average price of $25.2026 per share, and held 9,462 Ordinary Shares directly after this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,009 shares ($50,632)
Net Sell
9 txns
Insider
Willcocks Patrick
Role
General Counsel
Sold
2,009 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,009 | $25.2026 | $51K |
| Exercise | Restricted Share Units | 2,082 | $0.00 | -- |
| Exercise | Restricted Share Units | 110 | $0.00 | -- |
| Exercise | Restricted Share Units | 448 | $0.00 | -- |
| Exercise | Restricted Share Units | 915 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,082 | $0.00 | -- |
| Exercise | Ordinary Shares | 110 | $0.00 | -- |
| Exercise | Ordinary Shares | 448 | $0.00 | -- |
| Exercise | Ordinary Shares | 915 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 9,462 shares (Direct, null);
Restricted Share Units — 10,413 shares (Direct, null)
Footnotes (1)
- The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. The RSUs vested on July 1, 2026. The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, and July 1, 2027. The RSUs vest quarterly in equal installments on July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028.
Key Figures
Open-market sale: 2,009 shares at $25.2026
Shares after sale: 9,462 shares
Derivative exercises: 3,555 shares at $0.00
+2 more
5 metrics
Open-market sale
2,009 shares at $25.2026
Ordinary Shares sold on July 2, 2026
Shares after sale
9,462 shares
Total Ordinary Shares held directly after July 2, 2026 sale
Derivative exercises
3,555 shares at $0.00
Ordinary Shares acquired via derivative exercise on July 1, 2026
RSU conversion ratio
1 RSU : 1 Ordinary Share
Restricted Share Units convert into ARQQ ordinary shares one-for-one
RSU vesting date
July 1, 2026
Certain RSUs reported as vested on July 1, 2026
Key Terms
Restricted Share Units, derivative exercise/conversion, open-market sale, Form 4, +1 more
5 terms
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" describes the M-code transactions."
open-market sale financial
"transaction_action: "open-market sale" for the S-code Ordinary Shares transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): structured insider transaction disclosure."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vesting financial
"The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and later dates."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did ARQQ General Counsel Patrick Willcocks report?
He reported exercising derivative awards to acquire 3,555 Ordinary Shares on July 1, 2026, then selling 2,009 Ordinary Shares in an open-market sale on July 2, 2026, as disclosed in the Form 4.
What derivative securities were involved in Patrick Willcocks’ ARQQ Form 4 filing?
The filing shows Restricted Share Units (RSUs) that convert into ARQQ Ordinary Shares on a one-for-one basis. RSUs covering 3,555 shares were exercised on July 1, 2026, with footnotes describing quarterly vesting dates through 2027 and beyond.