Arqit Quantum (ARQQ) director gains 1,887 shares via RSU exercise and grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. director Garth Ritchie reported equity compensation activity involving Restricted Stock Units (RSUs) and ordinary shares. He exercised 1,887 RSUs, converting them into 1,887 ordinary shares at a stated price of $0.0000 per share, and his directly held ordinary shares increased to 30,687 after the transaction.
On the same date, he was granted 1,887 new RSUs that each convert into one ordinary share of ARQQ. According to the footnote, these RSUs vest immediately on the grant date and convert into ordinary shares on a one-for-one basis, meaning each RSU represents one future ordinary share once settled.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,887 shares exercised/converted
Mixed
3 txns
Insider
Ritchie Garth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,887 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,887 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,887 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,887 shares (Direct, null);
Ordinary Shares — 30,687 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 1,887 units
Shares received from exercise: 1,887 shares
Shares held after transaction: 30,687 shares
+2 more
5 metrics
RSUs exercised
1,887 units
Converted into ordinary shares on May 7, 2026
Shares received from exercise
1,887 shares
Ordinary Shares acquired from RSU conversion
Shares held after transaction
30,687 shares
Direct Ordinary Shares following RSU exercise
New RSU grant
1,887 units
Restricted Stock Units granted and immediately vesting
Exercise price
$0.0000 per share
Stated price for RSU conversion into Ordinary Shares
Key Terms
Restricted Stock Units, Ordinary Shares, derivative security, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one bases."
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.
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did ARQQ director Garth Ritchie report in this Form 4 filing?
Garth Ritchie reported an exercise of 1,887 Restricted Stock Units (RSUs) into 1,887 ordinary shares and a grant of 1,887 new RSUs. These transactions are equity compensation-related, not open-market buying or selling of Arqit Quantum Inc. stock.
What RSU grant did Garth Ritchie receive from Arqit Quantum (ARQQ)?
Garth Ritchie received a grant of 1,887 Restricted Stock Units. Each RSU converts into one Arqit Quantum ordinary share, vests immediately on the grant date, and represents additional equity compensation rather than a cash transaction in the open market.
How were Garth Ritchie’s Arqit Quantum (ARQQ) RSUs exercised in this filing?
He exercised 1,887 Restricted Stock Units, converting them into 1,887 ordinary shares at a stated price of $0.0000 per share. This reflects settlement of equity awards, turning derivative compensation into directly held common shares of Arqit Quantum Inc.
Do the Arqit Quantum (ARQQ) RSUs in this Form 4 vest over time?
The footnote states that the Restricted Stock Units vest immediately on the date of grant. This means the 1,887 newly granted RSUs are fully vested at grant, with each RSU convertible into one ordinary share of Arqit Quantum Inc.