Bers Jennifer 4

What Happened

• Jennifer Bers, Chief Revenue Officer of Arqit Quantum Inc. (ARQQ), reported an open-market sale of 8,288 shares on June 22, 2026 at $21.42 per share, for proceeds of $177,529.
• The filing also shows a 15,000-share conversion/acquisition of derivative awards (RSUs) at $0.00 and a corresponding 15,000-share disposition on the same date. A footnote states the RSUs converted one-for-one and vested on June 22, 2026.

Key Details

• Transaction date: June 22, 2026; filing date: June 24, 2026 (appears timely).
• Sale: 8,288 shares at $21.42 — total proceeds $177,529.
• Derivative activity: 15,000 RSUs converted to 15,000 shares (reported as both an acquisition and a disposition at $0.00); footnote confirms RSUs vested and converted one-for-one.
• Shares owned after the transactions: not specified in this Form 4 filing.
• Issuer status: Arqit is a foreign private issuer; reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act (per filing remark).

Context

• The sale appears to follow RSU vesting and conversion; the filing shows both the RSU conversion and an open-market sale of a portion of shares. For retail investors, purchases are generally more indicative of bullish insider sentiment; this filing mainly documents vesting and a routine sale.
• The derivative entries reflect issued RSUs converting into ordinary shares (not an option exercise for cash), per the footnote. The filing does not explain the reason for the 15,000-share disposition shown alongside the conversion.