Director Lefebvre d'Ovidio Manfredi gets 673 RSUs at Arqit Quantum (ARQQ)
Rhea-AI Filing Summary
Arqit Quantum Inc. reported that director Lefebvre d'Ovidio Manfredi received a grant of 673 Restricted Share Units on July 15, 2026. These RSUs convert into 673 ordinary shares on a one-for-one basis and vest within the week of the grant. Following the award, the director beneficially owns 673 RSUs directly. As Arqit Quantum is a foreign private issuer, these transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lefebvre d'Ovidio Manfredi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 673 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 673 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 673 Restricted Share Units
Underlying ordinary shares: 673 ordinary shares
Conversion ratio: 1 ordinary share per RSU
+3 more
6 metrics
RSUs granted
673 Restricted Share Units
Grant to director Lefebvre d'Ovidio Manfredi on July 15, 2026
Underlying ordinary shares
673 ordinary shares
Each RSU converts into one ARQQ ordinary share
Conversion ratio
1 ordinary share per RSU
RSUs convert into ARQQ ordinary shares on a one-for-one basis
Transaction price
0.0000 per unit
Reported transaction price per Restricted Share Unit in the grant
Holdings after grant
673 Restricted Share Units
Total derivative securities beneficially owned following the award
Derivative acquisitions reported
1 derivative transaction
Single derivative acquisition transaction in this insider report
Key Terms
Restricted Share Units, foreign private issuer, Sections 16(b) and 16(c), Power of Attorney
4 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Sections 16(b) and 16(c) regulatory
"transactions in the issuer's securities are exempt from Sections 16(b) and 16(c)"
Power of Attorney regulatory
"Ex.24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Arqit Quantum (ARQQ) report for Lefebvre d'Ovidio Manfredi?
Arqit Quantum reported that director Lefebvre d'Ovidio Manfredi received 673 Restricted Share Units on July 15, 2026. These RSUs are derivative securities that can convert into 673 ordinary shares, reflecting an equity-based award rather than an open-market share purchase or sale.
When do the newly granted RSUs at Arqit Quantum (ARQQ) vest?
The Restricted Share Units granted to the director vest within the week of the grant date. The grant date is July 15, 2026, so the vesting occurs shortly after issuance, according to the specific timing language provided in the accompanying footnote.
What is the director’s RSU holding in Arqit Quantum (ARQQ) after this transaction?
Following the reported grant, director Lefebvre d'Ovidio Manfredi beneficially owns 673 Restricted Share Units. This figure represents the total derivative securities shown as held after the transaction and corresponds to 673 underlying ordinary shares, assuming one-for-one conversion.
Are the Arqit Quantum (ARQQ) insider transactions subject to Exchange Act Sections 16(b) and 16(c)?
The disclosure states that, because Arqit Quantum is a foreign private issuer, the reporting person’s transactions in its securities are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934 under Rule 3a12-3(b).
Was the Arqit Quantum (ARQQ) RSU transaction executed under a Rule 10b5-1 trading plan?
The report indicates the Rule 10b5-1 checkbox is not marked, and no footnote describes a trading plan. The transaction is characterized as a grant or award acquisition of Restricted Share Units rather than a trade executed under a pre-arranged plan.