Arqit CRO sells 1,834 shares after RSU exercises
Arqit Quantum Inc. Chief Revenue Officer Paul Feenan reported a mix of equity award exercises and an open-market sale.
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Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. Chief Revenue Officer Paul Feenan reported a mix of equity award exercises and an open-market sale. On July 1, 2026, he exercised several Restricted Stock Unit (RSU) awards that convert into ordinary shares on a one-for-one basis.
On July 2, 2026, Feenan sold 1,834 Ordinary Shares in an open-market transaction at $25.2026 per share. Following these transactions, he directly owns 19,351 Ordinary Shares and continues to hold multiple RSU grants that vest quarterly on specified dates through 2028.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Feenan Paul
Role
Chief Revenue Officer
Sold
1,834 shs ($46K)
Approx. gross sale proceeds
$46K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,834 | $25.2026 | $46K |
| Exercise | Restricted Stock Units | 1,666 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 119 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 472 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 965 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,666 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 119 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 472 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 965 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 18,905 contracts (Direct);
Ordinary Shares — 19,351 shares (Direct)
Footnotes (5)
- 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 July 1 and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027.
- F3. The RSUs vest quarterly in equal installments on July 1, 2026.
- F4. The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, and July 1, 2027.
- F5. The 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
Shares sold: 1,834 shares
Sale price: $25.2026 per share
Shares after sale: 19,351 shares
+3 more
6 metrics
Shares sold
1,834 shares
Ordinary Shares sold on July 2, 2026
Sale price
$25.2026 per share
Open-market sale of Ordinary Shares
Shares after sale
19,351 shares
Direct Ordinary Share holdings following transactions
RSU exercises
3,222 shares
Total shares from derivative exercises (Form 4 summary)
Derivative transactions
4 transactions
RSU-related derivative entries reported
Net share change
-1,834 shares
Net buy/sell shares in transaction summary
Key Terms
Restricted Stock Units, open-market sale, derivative security, vest quarterly, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"Transaction action is classified as an open-market sale of Ordinary Shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Transaction code M is described as the exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest quarterly financial
"The RSUs vest quarterly in equal installments on specified dates in 2026, 2027 and 2028."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Arqit Quantum (ARQQ) CRO Paul Feenan report?
Paul Feenan reported exercising multiple RSU awards and then selling 1,834 ordinary shares. The sale occurred at $25.2026 per share and was classified as an open-market transaction, while the RSU exercises increased his direct equity stake before the sale.
What are the details of the RSUs involved in the Arqit Quantum (ARQQ) Form 4?
The Restricted Stock Units convert into Arqit Quantum ordinary shares on a one-for-one basis. The RSUs vest in quarterly installments on specified dates spanning 2026, 2027 and 2028, providing ongoing equity-based compensation over that period.
Did the Arqit Quantum (ARQQ) CRO use options or RSUs in these transactions?
The transactions involve Restricted Stock Units rather than stock options. Feenan exercised RSUs that convert one-for-one into ordinary shares, then reported an open-market sale of a portion of the resulting share holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
