Arqit Quantum revenue chief sells 506 shares
The three RSU tranches had vesting schedules ending on October 1, 2027, July 1, 2027, and October 1, 2028.
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Rhea-AI Filing Summary
Arqit Quantum Inc. Chief Revenue Officer Paul Feenan reported that on October 2, 2026, 1,034 restricted share units converted into ordinary shares on a one-for-one basis, and he sold 506 ordinary shares at 24.4743 per share. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2, F1 | 555 | -- | -- |
| Exercise | Restricted Share Units F3, F1 | 157 | -- | -- |
| Exercise | Restricted Share Units F4, F1 | 322 | -- | -- |
| Exercise | Ordinary Shares F1 | 555 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 157 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 322 | $0.00 | $0.00 |
| Sale | Ordinary Shares | 74 | $24.4743 | $2K |
| Sale | Ordinary Shares | 175 | $24.4743 | $4K |
| Sale | Ordinary Shares | 257 | $24.4743 | $6K |
Footnotes (4)
- F1. The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
- F2. The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027.
- F3. The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, and July 1, 2027.
- F4. The RSUs vest quarterly in equal installments on 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
Key Terms
one-for-one basis technical
vest quarterly in equal installments technical
FAQ
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What were the vesting schedules for Paul Feenan's ARQQ RSUs?
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