Arqit Quantum (ARQQ) CRO sells shares after RSU vesting and conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arqit Quantum Inc.’s Chief Revenue Officer Jennifer Bers reported an exercise-and-sell transaction in company equity. On June 22, 2026, she exercised Restricted Stock Units that converted on a one-for-one basis into 15,000 Ordinary Shares at an exercise price of $0.00 per share as the RSUs vested.
That same day, she sold 8,288 Ordinary Shares in an open-market sale at $21.42 per share. Following these transactions, she directly holds 6,712 Ordinary Shares. The filing shows no remaining RSU derivative position after the conversion.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,288 shares ($177,529)
Net Sell
3 txns
Insider
Bers Jennifer
Role
Chief Revenue Officer
Sold
8,288 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 15,000 | $0.00 | -- |
| Sale | Ordinary Shares | 8,288 | $21.42 | $178K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 15,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,288 shares
Sale price: $21.42/share
RSUs converted: 15,000 shares
+2 more
5 metrics
Shares sold
8,288 shares
Ordinary Shares sold in open-market sale on June 22, 2026
Sale price
$21.42/share
Price per Ordinary Share in open-market sale
RSUs converted
15,000 shares
Restricted Stock Units converting one-for-one into Ordinary Shares
Exercise price
$0.00/share
Conversion price for RSUs into Ordinary Shares
Shares held after
6,712 shares
Direct Ordinary Share holdings after transactions
Key Terms
Restricted Stock Units, open-market sale, derivative security, one-for-one basis, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Share 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
one-for-one basis financial
"The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis."
vested financial
"The RSUs vested on June 22, 2026."
FAQ
What insider transaction did ARQQ’s Chief Revenue Officer report?
Arqit Quantum’s Chief Revenue Officer Jennifer Bers reported an exercise-and-sell transaction. She exercised Restricted Stock Units into 15,000 Ordinary Shares, then sold 8,288 Ordinary Shares in an open-market sale, leaving her with 6,712 Ordinary Shares held directly after the transactions.
What RSU activity did the ARQQ Form 4 filing disclose for the CRO?
The Form 4 disclosed that Restricted Stock Units held by Jennifer Bers converted into 15,000 Arqit Quantum Ordinary Shares on a one-for-one basis. The footnote states these RSUs vested on June 22, 2026, with an exercise price of $0.00 per share at vesting.
Were Jennifer Bers’s ARQQ transactions direct or through another entity?
The transactions were reported as directly held, with ownership type coded as direct. No footnotes indicate that the shares were controlled by a separate trust, LLC, or related entity, so the activity is attributed to Jennifer Bers personally rather than to an affiliated organization.