Arqit Quantum (ARQQ) COO exercises RSUs and sells 769 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. Chief Operating Officer Ben Simon Wilder reported a combination of option exercises and a small share sale. On July 1, 2026, he exercised derivative awards representing 1,333 Ordinary Shares at a conversion price of $0.00 per share, increasing his direct holdings.
On July 2, 2026, he executed an open-market sale of 769 Ordinary Shares at an average price of $25.2026 per share. Following these transactions, Wilder directly held approximately 3,582.47 Ordinary Shares. Footnotes state that the Restricted Share Units convert into Ordinary Shares on a one-for-one basis and vest in equal quarterly installments through October 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 769 shares ($19,381)
Net Sell
5 txns
Insider
Wilder Ben Simon
Role
Chief Operating Officer
Sold
769 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 769 | $25.2026 | $19K |
| Exercise | Restricted Share Units | 833 | $0.00 | -- |
| Exercise | Restricted Share Units | 500 | $0.00 | -- |
| Exercise | Ordinary Shares | 833 | $0.00 | -- |
| Exercise | Ordinary Shares | 500 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 3,582.47 shares (Direct, null);
Restricted Share Units — 4,165 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. 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
Shares sold: 769 shares
Sale price: $25.2026 per share
Post-transaction holdings: 3,582.47 shares
+3 more
6 metrics
Shares sold
769 shares
Open-market sale of Ordinary Shares on July 2, 2026
Sale price
$25.2026 per share
Average price for 769 Ordinary Shares sold
Post-transaction holdings
3,582.47 shares
Ordinary Shares directly held after reported transactions
RSU exercises (block 1)
500 units/shares
Restricted Share Units converting one-for-one into Ordinary Shares
RSU exercises (block 2)
833 units/shares
Additional Restricted Share Units converting into Ordinary Shares
Total RSU-related shares exercised
1,333 shares
Sum of Ordinary Shares from RSU exercises in this filing
Key Terms
Restricted Share Units, open-market sale, derivative security, vesting
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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 security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"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."
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 did Arqit Quantum (ARQQ) COO Ben Simon Wilder do in this Form 4 filing?
Ben Simon Wilder reported exercising equity awards and then selling some Arqit Quantum Ordinary Shares. He converted Restricted Share Units into shares and later completed an open-market sale, updating his direct ownership position in ARQQ stock.
What equity awards did the Arqit Quantum (ARQQ) COO exercise in this filing?
The filing shows exercises of derivative awards linked to Restricted Share Units. These transactions covered 1,333 units in total, each converting into one Ordinary Share at a conversion price of $0.00 per share, increasing his share count before the subsequent sale.