Director at Arqit Quantum (NASDAQ: ARQQ) exercises 120K share warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. director Carlo Calabria exercised derivative securities to increase his direct equity stake. He exercised Ordinary Share Purchase Warrants covering 120,000 Arqit Quantum ordinary shares at an exercise price of $2.50 per share, converting them into Ordinary Shares.
After this warrant exercise, Calabria directly holds 230,922 Ordinary Shares. The related warrant position reported in this filing was fully exercised, with zero warrants remaining outstanding from this specific grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
120,000 shares exercised/converted
Mixed
2 txns
Insider
Calabria Carlo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Ordinary Share Purchase Warrants (right to buy) | 120,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 120,000 | $2.50 | $300K |
Holdings After Transaction:
Ordinary Share Purchase Warrants (right to buy) — 0 shares (Direct, null);
Ordinary Shares — 230,922 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired via exercise: 120,000 shares
Exercise price: $2.50 per share
Shares held after transaction: 230,922 shares
+2 more
5 metrics
Shares acquired via exercise
120,000 shares
Ordinary Shares from warrant exercise on June 3, 2026
Exercise price
$2.50 per share
Ordinary Share Purchase Warrants exercise price
Shares held after transaction
230,922 shares
Direct holdings of Ordinary Shares after exercise
Warrants exercised
120,000 warrants
Ordinary Share Purchase Warrants converted to Ordinary Shares
Warrant expiration date
September 30, 2026
Expiration date of exercised Ordinary Share Purchase Warrants
Key Terms
Ordinary Share Purchase Warrants, derivative security, exercise price, Ordinary Shares
4 terms
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.
exercise price financial
"Ordinary Share Purchase Warrants exercised at $2.50 per share for ARQQ ordinary shares."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Carlo Calabria report for Arqit Quantum (ARQQ)?
Carlo Calabria reported exercising Ordinary Share Purchase Warrants for 120,000 Arqit Quantum ordinary shares. The warrants were exercised as a derivative security transaction, converting them into Ordinary Shares rather than representing an open-market purchase or sale of existing shares.
Is Carlo Calabria’s Form 4 transaction in ARQQ an open-market buy or a warrant exercise?
The Form 4 shows a warrant exercise, not an open-market buy. Calabria exercised Ordinary Share Purchase Warrants as a derivative security, converting them into 120,000 Ordinary Shares at a fixed $2.50 exercise price instead of buying shares directly on the market.
What were the key terms of the exercised Arqit Quantum (ARQQ) warrants?
The exercised securities were Ordinary Share Purchase Warrants for 120,000 underlying Arqit Quantum Ordinary Shares, with an exercise price of $2.50 per share and an expiration date of September 30, 2026, as reflected in the derivative transaction details.
Do any Arqit Quantum (ARQQ) warrants remain after Carlo Calabria’s exercise?
For the specific Ordinary Share Purchase Warrants reported, the post-transaction balance is zero warrants. The Form 4 derivative line shows 0.0000 warrants following the transaction, indicating this particular warrant position was fully exercised into ordinary shares.