Arqit Quantum (ARQQ) awards CRO 24,821 restricted stock units in April
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. reported that Chief Revenue Officer Jennifer Bers received two grants of restricted stock units. She was awarded 15,000 RSUs on April 20, 2026 and 9,821 RSUs on April 1, 2026, bringing her reported RSU holdings to 24,821 units. Each RSU converts into one ordinary share, with 15,000 RSUs vesting over nine quarters starting April 1, 2027 and 9,821 RSUs vesting within the same quarter.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bers Jennifer
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,821 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,821 shares (Direct, null)
Footnotes (1)
- Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. vest over nine quarters, one third on 1 April 2027 and then equally over eight quarters. The RSUs convert into ARQQ ordinary shares on a one-for-one basis. RSUs vest within the same quarter.
Key Figures
RSU grant 1: 15,000 RSUs
RSU grant 2: 9,821 RSUs
Total RSUs after latest grant: 24,821 RSUs
+3 more
6 metrics
RSU grant 1
15,000 RSUs
Grant on April 20, 2026 to CRO; converts 1:1 into ordinary shares
RSU grant 2
9,821 RSUs
Grant on April 1, 2026 to CRO; converts 1:1 into ordinary shares
Total RSUs after latest grant
24,821 RSUs
Reported RSU holdings following April 20, 2026 transaction
Vesting start for 15,000 RSUs
April 1, 2027
One third vests on this date, then over eight further quarters
Vesting pattern
Nine quarters
15,000 RSUs vest over nine quarters beginning April 1, 2027
Conversion ratio
1 RSU : 1 share
RSUs convert into ARQQ ordinary shares on a one-for-one basis
Key Terms
Restricted Stock Units, RSUs, vesting, Ordinary Shares
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert into ARQQ ordinary shares on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"RSUs convert into ARQQ ordinary shares on a one-for-one basis and vest over time."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"RSUs vest over nine quarters, one third on 1 April 2027 and then equally over eight quarters."
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 insider transaction did Arqit Quantum (ARQQ) report for Jennifer Bers?
Arqit Quantum reported that Chief Revenue Officer Jennifer Bers received two grants of restricted stock units totaling 24,821 RSUs. These RSUs represent equity-based compensation and will convert into ordinary shares of Arqit Quantum on a one-for-one basis, subject to vesting.
How many restricted stock units did the Arqit CRO receive in April 2026?
Chief Revenue Officer Jennifer Bers received 15,000 RSUs on April 20, 2026 and 9,821 RSUs on April 1, 2026. Together, these awards increased her reported RSU holdings to 24,821 units, all linked to Arqit Quantum ordinary shares on a one-for-one basis.
What is the vesting schedule for Jennifer Bers’ 15,000 RSU award at Arqit Quantum?
The 15,000 RSUs granted on April 20, 2026 vest over nine quarters. One third vests on April 1, 2027, with the remaining units vesting in equal installments over the following eight quarters, subject to continued service and plan terms.
How quickly do the 9,821 RSUs granted to the Arqit CRO vest?
The 9,821 RSUs granted on April 1, 2026 vest within the same quarter. According to the disclosure, these RSUs convert into Arqit Quantum ordinary shares on a one-for-one basis once the vesting conditions within that quarter are satisfied.
Do the RSUs granted to Arqit CRO Jennifer Bers involve any purchase price?
The reported RSU grants have a stated transaction price per unit of $0.00. This reflects that they are equity awards granted as compensation, not shares bought in the open market, and they convert to ordinary shares when vested according to the award terms.
How many Arqit Quantum RSUs does Jennifer Bers hold after these grants?
Following the April 20, 2026 grant, Jennifer Bers is reported to hold 24,821 restricted stock units. Each RSU is linked to one Arqit Quantum ordinary share, so this number indicates her potential future share ownership if all units vest and convert.