Arqit Quantum Inc.: Chief revenue officer Feenan Paul sold 506 shares

What happened Feenan Paul, chief revenue officer, exercised or converted restricted share units (RSUs) into 1,034 shares (555, 157 and 322 shares) at an exercise/conversion price of $0.00 and sold 506 shares in open-market transactions on Oct 2, 2026. The open-market sales were 74 shares, 175 shares and 257 shares at $24.47 each, totaling $1,811, $4,283 and $6,290, respectively, for aggregate proceeds of $12,384.

Key details

• Transaction date(s) and price(s): Oct 2, 2026; RSU conversions at $0.00 (555, 157, 322 shares); open-market sales 74, 175, 257 shares at $24.47 each.
• Shares acquired and disposed: Acquired 1,034 shares via RSU conversion; disposed 506 shares via open-market sale.
• Shares owned after the transaction: not stated in this filing.
• Relevant footnotes: F1 notes RSUs convert into ARQQ ordinary shares one-for-one; F2–F4 list quarterly vesting schedules (see filing) including vesting dates beginning Oct 1, 2026 and continuing through 2027 and 2028 for some grants.
• Filing date vs. transaction date: Form filed Oct 6, 2026; transactions dated Oct 2, 2026.

Why it may matter The filing shows RSUs converted into ordinary shares and that some of those shares were sold in the open market on the same day. The filing reports the mechanics of the derivative conversions and the market sales but does not show why the insider traded or why the company acted.