Leaver Andrew 4
4 · Arqit Quantum Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Arqit (ARQQ) CEO Andrew Leaver Sells 7,595 Shares
What Happened
Andrew Leaver, CEO of Arqit Quantum Inc. (ARQQ), sold 7,595 shares on April 6, 2026. The shares were disposed at $13.51 per share for total proceeds reported at approximately $102,621. This was a sale (not a purchase or option exercise), which is often routine and does not necessarily indicate a change in company outlook.
Key Details
- Transaction date: 2026-04-06; Price: $13.51 per share; Shares sold: 7,595; Proceeds reported: ~$102,621.
- Transaction type: Sale (listed as open market or private sale).
- Shares owned after transaction: Not disclosed in this filing.
- Filing date: 2026-04-07 (filed one day after the transaction). Appears timely.
- Footnote: The reporting person’s transactions are exempt from Sections 16(b) and 16(c) under Rule 3a12-3(b) because the issuer is a foreign private issuer.
Context
Sales by executives are common and can be for many personal reasons; they are generally less informative than purchases when assessing insider sentiment. Because Arqit is treated as a foreign private issuer, statutory short-swing profit rules referenced in Section 16(b) do not apply to this transaction.
Insider Transaction Report
- Sale
Ordinary Shares
2026-04-06$13.51/sh−7,595$102,621→ 45,751 total