Arqit Quantum US general manager sells 494 shares
The General Manager-US had 6,711 restricted share units reported following the conversion.
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Rhea-AI Filing Summary
Arqit Quantum Inc. General Manager-US Nicholas William Nilan converted 960 restricted share units into 960 ordinary shares on October 2, 2026, on a one-for-one basis. He sold 494 ordinary shares at $24.4743 per share that day; no Rule 10b5-1 plan is reported. The derivative transaction row reports 6,711 restricted share units following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F2, F1 | 960 | -- | -- |
| Sale | Ordinary Shares | 494 | $24.4743 | $12K |
| Exercise | Ordinary Shares F1 | 960 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one ARQQ ordinary share. 2,879 RSUs vest on October 1, 2026 and the remaining RSUs vest quarterly in equal installments on January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028.
Key Figures
Key Terms
contingent right technical
one-for-one basis technical
FAQ
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What vesting schedule does Arqit Quantum disclose for these RSUs?
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