Arqit Quantum manager Nilan sells 522 shares
A total of 2,879 RSUs vested October 1, 2026; remaining RSUs vest quarterly through October 1, 2028.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Arqit Quantum Inc. General Manager-US Nicholas William Nilan reported converting 959 restricted share units into 959 ordinary shares on October 5, 2026, and selling 522 ordinary shares at 23.7847 per share that day. No Rule 10b5-1 plan is reported for the sale.
Nilan reported 5,752 RSUs following the conversion. Each RSU represents a contingent right to receive one ordinary share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2 | 959 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 959 | $0.00 | $0.00 |
| Sale | Ordinary Shares | 522 | $23.7847 | $12K |
Footnotes (2)
- F1. The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one ARQQ ordinary share. 2,879 RSUs vested on October 1, 2026 and the remaining RSUs vest quarterly in equal installments on January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028.
Key Figures
Key Terms
one-for-one basis financial
contingent right financial
FAQ
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When do Nicholas William Nilan’s ARQQ RSUs vest?
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