Arqit Quantum manager converts grants to 960 shares
The RSU schedule states that 2,879 units vest on October 1, 2026, with remaining units vesting 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 converted 960 Restricted Share Units into 960 ordinary shares on October 1, 2026. His reported direct holdings afterward were 7,671 RSUs and 960 ordinary shares. The RSUs convert into ordinary shares on a one-for-one basis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2, F1 | 960 | -- | -- |
| Exercise | Ordinary Shares F1 | 960 | $0.00 | $0.00 |
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 vest 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
contingent right financial
one-for-one basis financial
FAQ
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How many ARQQ RSUs did Nicholas William Nilan convert?
What is the vesting schedule for ARQQ's RSUs?
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