Arqit Quantum director exercises 673 RSUs
Arqit Quantum Inc. director Lefebvre d'Ovidio Manfredi exercised 673 restricted share units on July 17, 2026, receiving 673 ordinary shares at $0.0000 per share.
Rhea-AI Filing Summary
Arqit Quantum Inc. director Lefebvre d'Ovidio Manfredi exercised 673 restricted share units on July 17, 2026, receiving 673 ordinary shares at $0.0000 per share. This increased direct holdings to 49,023 ordinary shares, while a further 4,396,891 ordinary shares are reported as indirectly beneficially owned through Heritage Assets SCSP. The RSUs converted one-for-one into ordinary shares and vested within the week of grant. The company is treated as a foreign private issuer, so these transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act, and the Rule 10b5-1 trading plan checkbox was not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
673 shares exercised/converted
Exercise
3 txns
Insider
Lefebvre d'Ovidio Manfredi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1 | 673 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 673 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 contracts (Direct);
Ordinary Shares — 49,023 shares (Direct);
Ordinary Shares — 4,396,891 shares (Indirect, beneficially owned through Heritage Assets SCSP)
Footnotes (1)
- F1. Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. The RSUs vested within the week of the grant date.
Key Figures
RSUs exercised: 673 shares
Direct ordinary share holdings: 49,023 shares
Indirect ordinary share holdings: 4,396,891 shares
+1 more
4 metrics
RSUs exercised
673 shares
Restricted Share Units exercised into ordinary shares on July 17, 2026
Direct ordinary share holdings
49,023 shares
Direct Arqit Quantum ordinary shares held after the RSU conversion
Indirect ordinary share holdings
4,396,891 shares
Ordinary shares beneficially owned indirectly through Heritage Assets SCSP
RSU exercise price
0.0000 per share
Per-share price reported for the RSU conversion into ordinary shares
Key Terms
Restricted Share Units, foreign private issuer, beneficially owned
3 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
beneficially owned financial
"Ordinary Shares beneficially owned through Heritage Assets SCSP"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did Arqit Quantum (ARQQ) report for July 17, 2026?
Arqit Quantum reported that director Lefebvre d'Ovidio Manfredi exercised 673 RSUs into 673 ordinary shares on July 17, 2026, at a reported price of $0.0000 per share, increasing direct share ownership.
What indirect holdings in Arqit Quantum (ARQQ) are reported for Lefebvre d'Ovidio Manfredi?
In addition to direct holdings, the filing reports 4,396,891 ordinary shares of Arqit Quantum as beneficially owned indirectly through Heritage Assets SCSP. These shares are listed as indirect ownership separate from the 49,023 shares held directly.
What are the terms of the RSUs reported in the Arqit Quantum (ARQQ) Form 4?
The Form 4 states that the restricted share units (RSUs) convert into ARQQ ordinary shares on a one-for-one basis. It also notes that the RSUs vested within the week of the grant date before being converted into ordinary shares.
Is Arqit Quantum (ARQQ) treated as a foreign private issuer for this insider filing?
Yes. The filing notes Arqit Quantum is a foreign private issuer, so the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act. This affects how short-swing profit rules and certain insider reporting obligations apply.
Were the Arqit Quantum (ARQQ) insider transactions made under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is not marked, and aff_10b5_one is reported as false. This means the transactions were not reported as being conducted under a pre-arranged Rule 10b5-1 trading plan for this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
