Arqit Quantum Inc.: director Ritchie Garth exercised 250 shares

What happened The filing says Ritchie Garth, a director, exercised or converted derivative awards into 250 ARQQ ordinary shares (acquired at $0.00) and sold 121 ordinary shares in open-market transactions at $24.47 per share for total proceeds of $2,961, all on Oct 2, 2026. The filing also includes derivative disposition entries (amounts listed as N/A).

Key details

• Transaction date: Oct 2, 2026. Exercise/conversion price: $0.00 for 250 shares. Sale price: $24.47 per share for 121 shares, proceeds $2,961.
• Shares owned after the transactions: not reported in this filing.
• Footnotes: F1 states RSUs convert one-for-one into ARQQ ordinary shares. F2–F4 list vesting schedules (quarterly installments beginning Oct 1, 2026, through Oct 1, 2028 as applicable).
• Remarks: the filing says the issuer is a foreign private issuer and the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Act.
• Filing date: Oct 6, 2026 (reporting period Oct 2, 2026).

Why it may matter

• The filing shows conversion/exercise of derivative awards and same-day open-market sales of some shares; the filing does not specify that this was a cashless exercise.
• These entries are direct transaction reports; they do not explain motivation, tax treatment, or company action. A filing does not show why the insider traded or why the company acted.