Arqit Quantum Inc: director Lefebvre d'Ovidio Manfredi exercised 1,361 shares

What happened

• Lefebvre d'Ovidio Manfredi, a director, exercised or converted derivative awards into 1,361 ordinary shares of Arqit Quantum Inc on Oct 2, 2026. The filing shows an acquisition of 1,361 shares at $0.00, total $0, and corresponding dispositions of the derivative instruments (reported as N/A for price).

Key details

• Transaction date and price: Oct 2, 2026; acquired at $0.00 (total $0). Dispositions of the derivative instruments reported at N/A (derivative).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes:
  • F1: the restricted share units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis.
  • F2–F4: the RSUs described vest in quarterly equal installments on specified dates beginning Oct 1, 2026, with schedules extending through Oct 1, 2027 and Oct 1, 2028 depending on the award.
• Filing date: filed Oct 6, 2026; the form includes a remark that, as a foreign private issuer under Rule 3a12-3(b), the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Act.

Why it may matter

• This appears to be a conversion of RSUs into ordinary shares rather than a market sale; no sale of the acquired shares is reported on this Form 4.
• The filing does not show why the insider traded or why the company acted.