Arqit Quantum (NASDAQ: ARQQ) awards director 841 restricted share units
Rhea-AI Filing Summary
Arqit Quantum Inc. reported that director Garth Ritchie received a grant of 841 Restricted Share Units on July 15, 2026. Each RSU converts into one ordinary share and vests within the week of the grant date. Following this award, he holds 841 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ritchie Garth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 841 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 841 shares (Direct)
Footnotes (1)
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Key Figures
Restricted Share Units granted: 841 units
Underlying ordinary shares: 841 shares
Transaction price per RSU: $0.0000 per unit
+1 more
4 metrics
Restricted Share Units granted
841 units
Grant to director Garth Ritchie on July 15, 2026
Underlying ordinary shares
841 shares
Each RSU converts into one Arqit Quantum ordinary share
Transaction price per RSU
$0.0000 per unit
Equity award granted at no cash cost per RSU
RSUs held after transaction
841 units
Total Restricted Share Units directly held by Garth Ritchie after the grant
Key Terms
Restricted Share Units, foreign private issuer, Rule 3a12-3(b), Sections 16(b) and 16(c), +1 more
5 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
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.
Rule 3a12-3(b) regulatory
"Status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Exchange Act"
Sections 16(b) and 16(c) regulatory
"Transactions in the issuer's securities are exempt from Sections 16(b) and 16(c) of the Act"
Power of Attorney regulatory
"Ex.24 - Power of Attorney referenced in the remarks section"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ARQQ director Garth Ritchie report?
Director Garth Ritchie reported receiving a grant of 841 Restricted Share Units (RSUs). These RSUs convert into ordinary shares on a one-for-one basis and represent equity-based compensation rather than an open-market share purchase or sale.
When were the 841 RSUs for ARQQ granted to director Garth Ritchie?
The 841 RSUs were granted to director Garth Ritchie on July 15, 2026. According to the disclosure, these units vest within the week of the grant date, providing him with ordinary shares shortly after the award.
What is the vesting schedule of the 841 ARQQ RSUs granted?
The 841 RSUs granted to Garth Ritchie vest within the week of the grant date. This short vesting period means the RSUs become ordinary shares very quickly after July 15, 2026, assuming all conditions are satisfied.
What is Garth Ritchie’s ARQQ RSU holding after this grant?
After the reported transaction, Garth Ritchie directly holds 841 Restricted Share Units. These RSUs, once vested, will convert into 841 ordinary shares, reflecting his current equity-based position from this particular award.