Arqit director sells 512 shares, exercises RSUs
Arqit Quantum Inc. director Ritchie Garth reported a mix of share sales and equity awards activity.
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Rhea-AI Filing Summary
Arqit Quantum Inc. director Ritchie Garth reported a mix of share sales and equity awards activity. On April 2, 2026, he completed an open-market sale of 512 Ordinary Shares at $13.2463 per share, leaving 28,800 Ordinary Shares held directly afterward.
On April 1, 2026, multiple Restricted Stock Units (RSUs) were exercised at a $0.00 conversion price, delivering a total of 1,051 Ordinary Shares. The RSUs convert into Ordinary Shares on a one-for-one basis and vest in quarterly installments through 2028 under several schedules described in the footnotes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 512 | $13.2463 | $7K |
| Exercise | Restricted Stock Units | 250 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 50 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 250 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 501 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 250 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 50 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 250 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 501 | $0.00 | $0.00 |
Footnotes (5)
- F1. Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
- F2. The RSUs vest quarterly in equal installments on April 1, July 1, and October 1, 2026, and January 1, April 1, and July 1, 2027.
- F3. The RSUs vest quarterly in equal installments on April 1, and July 1, 2026.
- F4. The RSUs vest quarterly in equal installments on April 1, July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027.
- F5. 501 RSUs vested on April 1, 2026 and the remaining RSUs vest quarterly in equal installments on July 1, and 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
Restricted Stock Units financial
open-market sale financial
derivative exercise/conversion financial
vest quarterly financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Arqit Quantum (ARQQ) director Ritchie Garth report?
What RSU activity did Arqit Quantum (ARQQ) disclose for director Ritchie Garth?
How do the Arqit Quantum (ARQQ) RSUs vest for director Ritchie Garth?
AI-generated analysis. How Rhea-AI works. Not financial advice.