Arqit Quantum (ARQQ) CEO sells shares after exercising RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. Chief Executive Officer Andrew Leaver reported a combination of option exercise and share sale. On July 1, 2026, he exercised 15,625 Restricted Stock Units (RSUs), which convert into ordinary shares on a one-for-one basis, at a stated price of $0.0000 per share.
On July 2, 2026, he completed an open-market sale of 9,893 ordinary shares at an average price of $25.2026 per share. Following these transactions, he directly holds 51,483 ordinary shares. The filing also notes a multi-year RSU vesting schedule through January 1, 2029, indicating ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,893 shares ($249,329)
Net Sell
3 txns
Insider
Leaver Andrew
Role
Chief Executive Officer
Sold
9,893 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 9,893 | $25.2026 | $249K |
| Exercise | Restricted Stock Units | 15,625 | $0.00 | -- |
| Exercise | Ordinary Shares | 15,625 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 51,483 shares (Direct, null);
Restricted Stock Units — 203,125 shares (Direct, null)
Footnotes (1)
- The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. 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, and January 1, April 1, July 1, and October 1, 2029.
Key Figures
Shares sold: 9,893 shares
Sale price: $25.2026 per share
Shares held after sale: 51,483 shares
+3 more
6 metrics
Shares sold
9,893 shares
Ordinary shares sold on July 2, 2026 in open market
Sale price
$25.2026 per share
Average price for 9,893 ordinary shares sold
Shares held after sale
51,483 shares
Direct ordinary share holdings following July 2, 2026 sale
RSUs exercised
15,625 units
Restricted Stock Units converted into ordinary shares on July 1, 2026
RSU conversion price
$0.0000 per unit
Stated transaction price per share for RSU exercise
Net buy/sell direction
net-sell of 9,893 shares
Form 4 transaction summary for non-derivative share activity
Key Terms
Restricted Stock Units, open-market sale, derivative exercise/conversion, Form 4, +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: "open-market sale" for 9,893 Ordinary Shares at $25.2026"
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 exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 15,625 Restricted Stock Units"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): details CEO transactions in ARQQ securities"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vesting financial
"The RSUs vest quarterly in equal installments on specified dates through January 1, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Arqit Quantum (ARQQ) CEO Andrew Leaver report?
Arqit Quantum CEO Andrew Leaver exercised 15,625 Restricted Stock Units on July 1, 2026, then sold 9,893 ordinary shares on July 2, 2026. The sale was an open-market transaction reported in a Form 4 filing.
What RSU activity did the Arqit Quantum (ARQQ) CEO report?
The CEO exercised 15,625 Restricted Stock Units on July 1, 2026, converting them into an equal number of ordinary shares at a stated conversion price of $0.0000 per share, according to the Form 4 data and related footnotes.
What is the vesting schedule for the Arqit Quantum (ARQQ) CEO’s RSUs?
The RSUs vest quarterly in equal installments on specific dates from July 1, 2026 through January 1, 2029. The schedule includes vesting dates on July 1 and October 1 each year, plus January 1 and April 1 across the same period.