Arqit Quantum (ARQQ) director-linked entity sells 240 Business Combination Warrants

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Arqit Quantum Inc. director Lefebvre d'Ovidio Manfredi, through Heritage Assets SCSp, reported open‑market sales of Business Combination Warrants. The entity sold 124 warrants on June 4, 2026 and 116 warrants on June 3, 2026, both at $1.50 per warrant.

According to the footnote, the reporting person beneficially owns 528,634 Business Combination Warrants, each with an exercise price of $11.50 and exercisable into 0.04 ordinary share, equivalent to 21,145.36 ordinary shares on a post‑reverse‑split basis.

Insider Trade Summary

Net Seller: 240 shares ($360)

Net Sell 2 txns

Insider Lefebvre d'Ovidio Manfredi

Role null

Sold 240 shs ($360.00)

Type	Security	Shares	Price	Value
Sale	Business Combination Warrants (right to buy)	124	$1.50	$186.00
Sale	Business Combination Warrants (right to buy)	116	$1.50	$174.00

Holdings After Transaction: Business Combination Warrants (right to buy) — 21,145.36 shares (Indirect, Beneficially owned through Heritage Assets SCSp)

Footnotes (1)

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Key Figures

Warrants sold on June 4, 2026: 124 warrants at $1.50 Warrants sold on June 3, 2026: 116 warrants at $1.50 Total warrants sold: 240 warrants +5 more

8 metrics

Warrants sold on June 4, 2026 124 warrants at $1.50 Open-market sale by Heritage Assets SCSp

Warrants sold on June 3, 2026 116 warrants at $1.50 Open-market sale by Heritage Assets SCSp

Total warrants sold 240 warrants Net-sell across two derivative transactions

Warrants beneficially owned 528,634 warrants Equivalent to 21,145.36 ordinary shares post reverse split

Underlying ordinary shares 21,145.36 shares If 528,634 warrants exercised in full

Reverse stock split ratio 25-for-1 Ordinary shares consolidated on September 19, 2024

Warrant exercise price $11.50 per warrant Exercise cost to acquire 0.04 ordinary share

Exercise cost per whole share $287.50 25 warrants required for one whole ordinary share

Key Terms

Business Combination Warrants, reverse stock split, beneficially owns, exercise price, +1 more

5 terms

Business Combination Warrants financial

"Each Business Combination Warrant has an exercise price of $11.50 and can be exercised at any time"

reverse stock split financial

"announced the implementation of a reverse stock split whereby every 25 outstanding ARQQ ordinary shares were consolidated"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

beneficially owns financial

"The reporting person beneficially owns 528,634 Business Combination Warrants"

Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.

exercise price financial

"Each Business Combination Warrant has an exercise price of $11.50"

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.

ordinary shares financial

"to purchase 0.04 of an ARQQ ordinary share on a post-reverse stock split basis"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lefebvre d'Ovidio Manfredi

(Last)

(First)

(Middle)

3 ORCHARD PLACE

(Street)

LONDON

SW1H 0BF

(City)

(State)

(Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Arqit Quantum Inc. [ ARQQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Business Combination Warrants (right to buy)	⁽¹⁾	06/03/2026		S			116	⁽¹⁾	09/03/2026	Ordinary Shares	116	$1.5	21,269.36	I	Beneficially owned through Heritage Assets SCSp
Business Combination Warrants (right to buy)	⁽¹⁾	06/04/2026		S			124	⁽¹⁾	09/03/2026	Ordinary Shares	124	$1.5	21,145.36	I	Beneficially owned through Heritage Assets SCSp

Explanation of Responses:

1. On September 19, 2024, Arqit Quantum Inc. (ARQQ) announced the implementation of a reverse stock split whereby every 25 outstanding ARQQ ordinary shares were consolidated into one ordinary share, par value $0.0025 per share. Each Business Combination Warrant has an exercise price of $11.50 and can be exercised at any time, at the holder's election, to purchase 0.04 of an ARQQ ordinary share on a post-reverse stock split basis, and cannot be exercised for fractional shares. Accordingly, on a post-reverse stock split basis holders of Business Combination Warrants are required to exercise at least 25 Business Combination Warrants in order to receive one whole ARQQ ordinary share at an aggregate exercise price of $287.50 per whole ARQQ ordinary share. The reporting person beneficially owns 528,634 Business Combination Warrants, which, if exercised in full, would be equivalent to 21,145.36 ARQQ ordinary shares on a post-reverse stock split basis.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Amir Heyat, as Attorney-in-Fact	06/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Arqit Quantum Inc. (ARQQ) report?

Arqit Quantum reported that Heritage Assets SCSp, linked to director Lefebvre d'Ovidio Manfredi, sold 240 Business Combination Warrants in open-market transactions. The sales occurred over two days at a reported price of $1.50 per warrant.

How many Arqit Quantum (ARQQ) warrants were sold and at what price?

The filing shows two sales totaling 240 Business Combination Warrants: 124 warrants on June 4, 2026 and 116 warrants on June 3, 2026. Both transactions were reported at a price of $1.50 per warrant in open-market trades.

Who executed the warrant sales reported for Arqit Quantum (ARQQ)?

The transactions are attributed to Heritage Assets SCSp, an entity through which director Lefebvre d'Ovidio Manfredi beneficially owns warrants. Ownership is reported as indirect, reflecting holdings through this vehicle rather than directly in the director’s own name.

What is the exercise term of Arqit Quantum (ARQQ) Business Combination Warrants?

Each Business Combination Warrant has an exercise price of $11.50 and entitles the holder to purchase 0.04 of an ordinary share. Warrants cannot be exercised for fractional shares, so at least 25 warrants are needed for one whole ordinary share.

How many Arqit Quantum (ARQQ) warrants does the insider still beneficially own?

The footnote states the reporting person beneficially owns 528,634 Business Combination Warrants. If exercised in full, these warrants would be equivalent to 21,145.36 Arqit Quantum ordinary shares on a post‑reverse‑stock‑split basis.

How did Arqit Quantum’s reverse stock split affect its warrants?

Arqit Quantum implemented a 25‑for‑1 reverse stock split of ordinary shares. After this, each Business Combination Warrant became exercisable for 0.04 of a post‑split ordinary share, requiring 25 warrants to acquire one whole ordinary share at a total exercise price of $287.50.