Arqit Quantum (ARQQ) director exercises RSUs, holds 4.34M shares indirectly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. director Lefebvre d'Ovidio Manfredi reported routine equity compensation activity involving Restricted Share Units (RSUs). On July 1, 2026, RSUs were exercised or converted into a total of 4,133 ordinary shares at a stated price of $0.00 per share, with no open‑market purchases or sales.
The filing also shows an indirect holding of 4,342,448 ordinary shares beneficially owned through Heritage Assets SCSP, alongside a smaller direct position in ordinary shares. Footnotes confirm RSUs convert into ordinary shares on a one‑for‑one basis and vest in scheduled quarterly installments through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,133 shares exercised/converted
Mixed
9 txns
Insider
Lefebvre d'Ovidio Manfredi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,584 | $0.00 | -- |
| Exercise | Restricted Share Units | 50 | $0.00 | -- |
| Exercise | Restricted Share Units | 250 | $0.00 | -- |
| Exercise | Restricted Share Units | 249 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,584 | $0.00 | -- |
| Exercise | Ordinary Shares | 50 | $0.00 | -- |
| Exercise | Ordinary Shares | 250 | $0.00 | -- |
| Exercise | Ordinary Shares | 249 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 14,328 shares (Direct, null);
Ordinary Shares — 47,801 shares (Direct, null);
Ordinary Shares — 4,342,448 shares (Indirect, beneficially owned through Heritage Assets SCSP)
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, and July 1, 2027. The RSUs vested on July 1, 2026. 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. 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
RSU exercises: 4,133 shares
Indirect ordinary shares: 4,342,448 shares
Exercise price: $0.00 per share
+3 more
6 metrics
RSU exercises
4,133 shares
Total shares from derivative exercises on July 1, 2026
Indirect ordinary shares
4,342,448 shares
Beneficially owned through Heritage Assets SCSP after transactions
Exercise price
$0.00 per share
Stated price for RSU-to-share conversions
RSU-to-share ratio
1 RSU : 1 share
Conversion rate of RSUs into ordinary shares per footnote
Exercise transactions
4 transactions
Derivative exercises (code M) in transaction summary
Derivative transaction count
4 entries
RSU-related derivative records in the filing
Key Terms
Restricted Share Units, derivative exercise/conversion, beneficially owned, vest quarterly, +1 more
5 terms
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
beneficially owned financial
"nature_of_ownership": "beneficially owned through Heritage Assets SCSP""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vest quarterly financial
"The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, and July 1, 2027."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What did Arqit Quantum Inc. (ARQQ) director Lefebvre d'Ovidio Manfredi report in this Form 4?
The Form 4 reports that RSUs were exercised or converted into 4,133 Arqit Quantum ordinary shares on July 1, 2026. These are equity compensation-related transactions, not open‑market buying or selling, and reflect routine vesting of previously granted Restricted Share Units.
What indirect ownership in Arqit Quantum Inc. (ARQQ) is disclosed in the Form 4?
The filing reports 4,342,448 ordinary shares beneficially owned indirectly through Heritage Assets SCSP. This large indirect holding is separate from the director’s smaller direct position and is classified as indirect ownership in the Form 4 data fields.
How do the Arqit Quantum (ARQQ) RSUs described in the filing vest over time?
Footnotes state the RSUs vest quarterly in equal installments on specific dates. Schedules include July 1 and October 1, 2026, and January 1, April 1, July 1, and October 1 in 2027, with some grants extending quarterly vesting dates into 2028.