Arqit Quantum (ARQQ) director gains 1,698 shares via RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc. director Carlo Calabria reported compensation-related equity activity rather than open-market trading. On May 6, 2026, he exercised 1,698 Restricted Stock Units (RSUs), which convert into ordinary shares on a one-for-one basis, and received 1,698 ordinary shares at a stated price of $0.00 per share. The filing also shows a new grant of 1,698 RSUs that vested immediately on the grant date. Following these transactions, Calabria holds 110,922 ordinary shares directly, plus the newly granted RSUs as an additional derivative position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,698 shares exercised/converted
Mixed
3 txns
Insider
Calabria Carlo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,698 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,698 | $0.00 | -- |
| Exercise | Ordinary Shares | 1,698 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,698 shares (Direct, null);
Ordinary Shares — 110,922 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs converted: 1,698 units
New RSU grant: 1,698 units
Shares held after transactions: 110,922 shares
+1 more
4 metrics
RSUs converted
1,698 units
Restricted Stock Units converted into ordinary shares on May 6, 2026
New RSU grant
1,698 units
Restricted Stock Units granted and vested immediately on grant date
Shares held after transactions
110,922 shares
Ordinary shares directly owned by Carlo Calabria after May 6, 2026
Exercise price per share
$0.00 per share
Stated price for converting RSUs into ordinary shares
Key Terms
Restricted Stock Units, derivative security, Ordinary Shares
3 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") 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.
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.
FAQ
What insider transaction did ARQQ director Carlo Calabria report?
Carlo Calabria reported exercising 1,698 Restricted Stock Units into 1,698 Arqit Quantum ordinary shares and receiving a new grant of 1,698 RSUs. These events are equity compensation movements, not open-market buying or selling of ARQQ stock.
What are the key details of the RSU grant reported for ARQQ?
The filing discloses a grant of 1,698 Restricted Stock Units to Carlo Calabria. The RSUs convert into Arqit Quantum ordinary shares on a one-for-one basis and vested immediately on the grant date, providing compensation in the form of equity rather than cash.
Do the reported RSUs for ARQQ have a conversion ratio or special terms?
Yes, the footnote states that each Restricted Stock Unit converts into one ARQQ ordinary share. The RSUs vested immediately on the date of grant, meaning Calabria earned the right to receive the underlying ordinary shares without a waiting period.