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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.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

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 Nilan Nicholas William
Role General Manager-US
Type Security Shares Price Value
Exercise Restricted Share Units F2, F1 960 -- --
Exercise Ordinary Shares F1 960 $0.00 $0.00
Holdings After Transaction: Restricted Share Units — 7,671 contracts (Direct); Ordinary Shares — 960 shares (Direct)
Footnotes (2)
  1. F1. The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
  2. 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.
Restricted Share Units converted 960 RSUs October 1, 2026 transaction
Ordinary shares acquired in conversion 960 shares October 1, 2026 transaction
RSUs held after transaction 7,671 RSUs Reported direct holdings
Ordinary shares held after transaction 960 shares Reported direct holdings
RSUs vesting October 1, 2026 2,879 RSUs Vesting terms
Restricted Share Units financial
"The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
contingent right financial
"represents a contingent right to receive one ARQQ ordinary share"
one-for-one basis financial
"convert into ARQQ ordinary shares on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ARQQ RSUs did Nicholas William Nilan convert?

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.

What is the vesting schedule for ARQQ's RSUs?

The RSU terms state that 2,879 RSUs vest on October 1, 2026; 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nilan Nicholas William

(Last)(First)(Middle)
3 ORCHARD PLACE

(Street)
LONDONSW1H 0BF

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
Arqit Quantum Inc. [ ARQQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Manager-US
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares10/01/2026M960A$0(1)960D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(2)10/01/2026M960 (2) (2)Ordinary Shares960(1)7,671D
Explanation of Responses:
1. The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
2. 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.
Remarks:
Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's securities are exempt from Sections 16(b) and 16(c) of the Act. Ex.24 - Power of Attorney.
/s/ Noleen McDonnell, as Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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