Arqit Quantum director receives 252 shares from grants
The restricted share units convert one-for-one, and their reported vesting schedules continue quarterly through dates in 2027 and 2028.
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Rhea-AI Filing Summary
Garth Ritchie, a director of Arqit Quantum Inc. (ARQQ), reported four conversions of restricted share units totaling 252 RSUs into 252 ordinary shares on October 1, 2026. The ordinary-share acquisitions were reported at $0.00 per share; RSUs convert on a one-for-one basis. The awards have quarterly vesting schedules with final installments ranging from July 1, 2027, to October 1, 2028. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2, F1 | 17 | -- | -- |
| Exercise | Restricted Share Units F2, F1 | 67 | -- | -- |
| Exercise | Restricted Share Units F3, F1 | 84 | -- | -- |
| Exercise | Restricted Share Units F4, F1 | 84 | -- | -- |
| Exercise | Ordinary Shares F1 | 17 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 67 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 84 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 84 | $0.00 | $0.00 |
Footnotes (4)
- 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 October 1, 2026, and January 1, April 1, and July 1, 2027.
- F3. The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027.
- F4. The RSUs vest quarterly in equal installments on 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
one-for-one basis financial
foreign private issuer regulatory
Sections 16(b) and 16(c) regulatory
FAQ
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How do ARQQ RSUs convert and when do they vest?
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