Arqit Quantum Inc. (ARQQ) director converts 757 RSUs into shares
Rhea-AI Filing Summary
Arqit Quantum Inc. director Carlo Calabria exercised 757 restricted share units on July 17, 2026, converting them on a one-for-one basis into 757 ordinary shares at $0.00 per share. The RSUs vested within the week of the grant date. Following the transaction, he directly owns 232,478 ordinary shares. Because Arqit Quantum is a foreign private issuer, these transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act and were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 757 shares
Net Buy
2 txns
Insider
Calabria Carlo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1 | 757 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 757 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Ordinary Shares — 232,478 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. The RSUs vested within the week of the grant date.
Key Figures
RSUs exercised: 757.0000
Ordinary shares acquired: 757.0000
Ordinary shares held after transaction: 232478.0000
+1 more
4 metrics
RSUs exercised
757.0000
Restricted Share Units converted into ordinary shares on July 17, 2026
Ordinary shares acquired
757.0000
Ordinary Shares received from RSU conversion on July 17, 2026
Ordinary shares held after transaction
232478.0000
Direct holdings following the July 17, 2026 RSU exercise
RSU exercise price per share
0.0000
Per-share price for RSU conversion into ordinary shares
Key Terms
Restricted Share Units, foreign private issuer, Sections 16(b) and 16(c)
3 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
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) of the Act"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Arqit Quantum (ARQQ) report for Carlo Calabria?
Carlo Calabria exercised 757 restricted share units (RSUs) into 757 ordinary shares of Arqit Quantum on July 17, 2026. The RSUs converted one-for-one into ordinary shares at $0.00 per share and had vested within the week of their grant date.
What were the terms of the Arqit Quantum (ARQQ) RSUs in Carlo Calabria’s transaction?
The reported RSUs convert into ARQQ ordinary shares on a one-for-one basis and vested within the week of the grant date. Calabria exercised 757 RSUs at $0.00 per share, receiving 757 ordinary shares and eliminating those RSUs from his derivative holdings.
Was Carlo Calabria’s Arqit Quantum (ARQQ) transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document’s Rule 10b5-1 checkbox is unchecked, and no footnotes describe any pre-arranged trading arrangement for the reported RSU exercise.
Why are Carlo Calabria’s Arqit Quantum (ARQQ) trades exempt from Sections 16(b) and 16(c)?
The issuer is described as a foreign private issuer under Rule 3a12-3(b) of the Exchange Act. As a result, Calabria’s transactions in Arqit Quantum securities are stated to be exempt from the short-swing profit rules in Sections 16(b) and 16(c).