Arqit Quantum Inc. (ARQQW) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-05-15

Key Insights

Director Lefebvre d'Ovidio disposed of 127 Business Combination Warrants across two transactions on May 13-14, 2026, reducing his warrant position from approximately 612,540 to 612,413 warrants, representing a minimal insider selling activity.
The reported transactions involve warrant exercises at $2.10 per share (post-reverse split basis), which is significantly below the $11.50 exercise price of the Business Combination Warrants, suggesting these may be warrant sales rather than exercises.
As a foreign private issuer, Arqit Quantum Inc. is exempt from Sections 16(b) and 16(c) of the Securities Exchange Act, meaning there are no short-swing profit restrictions or insider trading restrictions that would typically apply to U.S. public companies.
The director's total beneficial warrant ownership of 612,413 warrants converts to only 24,496.52 ordinary shares on a post-reverse stock split basis due to the 25:1 consolidation implemented in September 2024, indicating dilutive warrant terms requiring 25 warrants per share.

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Earlier Insider Trading filings

Filed: 2026-05-06

Director Lefebvre d'Ovidio Manfredi disposed of 396 Business Combination Warrants across two transactions (328 on 05/04/2026 and 68 on 05/05/2026), indicating insider selling activity rather than accumulation.
The reporting person retains beneficial ownership of 633,630 Business Combination Warrants equivalent to 25,345.20 ordinary shares post-reverse split, demonstrating substantial ongoing stake in the company despite recent dispositions.
All transactions are indirect holdings through Heritage Assets SCSp and are exempt from Section 16(b) short-swing profit rules due to Arqit's foreign private issuer status, limiting the regulatory significance of the sales timing.
The warrant exercise price of $11.50 (pre-reverse split adjustment to $287.50 per whole share) appears significantly above recent trading levels, suggesting these warrants may be underwater and the dispositions could reflect liquidity needs rather than confidence signals.

Filed: 2026-04-30

Director Lefebvre d'Ovidio disposed of 967 Business Combination Warrants on 04/29/2026, representing a warrant exercise or sale rather than new acquisition, which could indicate either portfolio rebalancing or profit-taking.
The reporting person retains significant beneficial ownership of 655,853 Business Combination Warrants (equivalent to 26,234.12 ordinary shares post-reverse split), demonstrating substantial continued stake in the company despite the disposal.
The transaction is exempt from Section 16(b) short-swing profit rules due to Arqit's foreign private issuer status under Rule 3a12-3(b), limiting the insights available to public investors regarding insider trading patterns and timing.
The warrant exercise price of $11.50 per warrant (or $287.50 per whole share after accounting for 25-warrant bundle requirement) represents a potentially significant out-of-the-money position depending on current market price, suggesting the director's warrants may have limited immediate exercise value.

Filed: 2026-04-29

Director Lefebvre d'Ovidio divested 462 Business Combination Warrants across two transactions (41 on 04/27/2026 and 421 on 04/28/2026), suggesting insider selling rather than accumulation of company equity.
The reported person beneficially owns 680,021 Business Combination Warrants equivalent to 27,200.84 ordinary shares post-reverse split, indicating substantial but indirect ownership through Heritage Assets SCSp.
All transactions involve warrant exercises at elevated exercise prices ($287.50 per share equivalent), which may indicate the insider is liquidating positions rather than demonstrating confidence in near-term stock appreciation.
As a foreign private issuer, the reporting person is exempt from short-swing profit restrictions (Sections 16(b) and 16(c)), reducing scrutiny on the timing and nature of these insider transactions.

Filed: 2026-04-27

Director Lefebvre d'Ovidio disposed of 387 Business Combination Warrants across two transactions (182 on 04/23/2026 and 205 on 04/24/2026), signaling insider selling rather than buying activity.
The warrant dispositions occurred at significantly different implied exercise prices ($3.30 and $2.90 per warrant), suggesting market volatility or strategic timing around the 09/03/2026 expiration date.
The reporting person retains 691,582 Business Combination Warrants worth approximately 27,663 ordinary shares post-reverse split, indicating substantial remaining insider exposure to the company despite recent sales.
As a foreign private issuer, Lefebvre d'Ovidio's transactions are exempt from Section 16(b) short-swing profit rules, potentially allowing more flexible trading patterns than typical U.S. insider transactions.

Filed: 2026-04-21

Director Manfredi Lefebvre d'Ovidio sold 458 Business Combination Warrants across two transactions (04/17 and 04/20/2026) at declining prices ($3.10 and $2.80), suggesting potential weakness in warrant valuations or strategic liquidation by an insider.
The reporting person maintains substantial indirect beneficial ownership of 713,376 Business Combination Warrants through Heritage Assets SCSp, equivalent to 28,535.04 ordinary shares if fully exercised, indicating continued significant economic interest despite recent sales.
The company's foreign private issuer status exempts this insider from short-swing profit rules (Sections 16(b) and 16(c)), removing typical constraints on insider trading timing and potentially allowing more flexible position management.
The warrant sales occurred shortly after the reporting date (transactions within 3 days of filing), representing a modest portfolio adjustment rather than a major exit, with the insider retaining the majority of warrant holdings.

Filed: 2026-04-17

The reporting person, Manfredi Lefebvre d'Ovidio, is a director of Arqit Quantum Inc. and has been disposing of the company's Business Combination Warrants, indicating potential insider selling activity.
The disposal of the warrants was done through multiple transactions on April 15 and April 16, 2026, totaling 872 warrants at an average price of $3.05 per warrant.
After the reported transactions, the reporting person still beneficially owns 724,820 Business Combination Warrants, which would be equivalent to 28,992.8 ordinary shares on a post-reverse stock split basis.

Filed: 2026-04-07

The reporting person, Andrew Leaver, who is the Chief Executive Officer of Arqit Quantum Inc. (ARQQ), sold 7,595 ordinary shares of the company on April 6, 2026 at an average price of $13.5117.
The sale represents a small portion of the reporting person's overall holdings, as he still beneficially owns 45,751 ordinary shares of the company following the reported transaction.
As a foreign private issuer, Arqit Quantum Inc. is exempt from Sections 16(b) and 16(c) of the Securities Exchange Act, which govern short-swing profit rules and insider trading restrictions.

Filed: 2026-04-03

The reporting person, Andrew Leaver, who is the Chief Executive Officer of Arqit Quantum Inc., has exercised 15,625 restricted stock units (RSUs) on April 1, 2026, directly increasing his beneficial ownership of the company's ordinary shares.
The RSUs that were exercised are part of a larger grant that vests quarterly over the next 3 years, indicating Leaver's long-term commitment to the company.
As a foreign private issuer, Arqit Quantum Inc. is exempt from certain reporting requirements under Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.

Filed: 2026-04-03

Arqit Quantum Inc. (ARQQW) General Counsel Patrick Willcocks reported multiple transactions involving the exercise of restricted stock units (RSUs) and the sale of ordinary shares on April 1-2, 2026.
Willcocks exercised a total of 3,563 RSUs and sold 1,790 ordinary shares on the open market on April 1-2, 2026.
The transactions indicate ongoing insider activity and changes in Willcocks' direct beneficial ownership of Arqit Quantum's ordinary shares.

Filed: 2026-04-03

Ben Simon Wilder, the Chief Operating Officer of Arqit Quantum Inc., has exercised a total of 1,333 restricted stock units (RSUs) on April 1, 2026, acquiring 1,333 ordinary shares of the company.
Wilder has also sold 683 ordinary shares of Arqit Quantum Inc. on April 2, 2026 at a price of $13.3112 per share.
After the reported transactions, Wilder now directly owns 3,018.47 ordinary shares of Arqit Quantum Inc.

Filed: 2026-04-03

The reporting person, Garth Ritchie, is a director of Arqit Quantum Inc. and has been acquiring ordinary shares through the vesting of restricted stock units (RSUs).
Over the reporting period, Ritchie has acquired a total of 1,051 ordinary shares through the vesting of RSUs, increasing his direct beneficial ownership to 29,312 shares.
Ritchie also sold 512 ordinary shares on April 2, 2026, at a price of $13.2463 per share, reducing his direct beneficial ownership to 28,800 shares.

Filed: 2026-04-03

The reporting person, Nicholas Pointon, the Chief Financial Officer of Arqit Quantum Inc., has exercised a significant number of restricted stock units (RSUs) in the company, indicating confidence in the company's long-term prospects.
Pointon has also sold a portion of the shares acquired through the RSU exercises, potentially for personal financial reasons, but still maintains a substantial ownership stake in the company.
The vesting and exercise schedule of the RSUs suggests that Pointon's compensation is tied to the company's performance, aligning his interests with those of shareholders.

Filed: 2026-04-03

Manfredi Lefebvre d'Ovidio, a director of Arqit Quantum Inc., acquired 4,384 ordinary shares through the vesting of restricted stock units (RSUs) on April 1, 2026, increasing his direct beneficial ownership to 41,626 shares.
Lefebvre d'Ovidio also beneficially owns an additional 4,396,891 shares indirectly through Heritage Assets SCSP, indicating he has significant ownership and influence over the company.
The RSU grants to Lefebvre d'Ovidio appear to be part of the company's executive compensation program, aligning his interests with those of shareholders.

Filed: 2026-04-03

Insider Paul Feenan, the Chief Revenue Officer, exercised a significant number of Restricted Stock Units (RSUs) totaling 3,226 shares on April 1, 2026.
Feenan then sold 1,632 of those shares on April 2, 2026 at $13.32 per share, suggesting he may have liquidated a portion of his holdings.
The remaining RSUs are scheduled to vest in quarterly installments through October 2028, indicating Feenan's ongoing commitment to the company.

Filed: 2026-04-03

The Form 4 filing indicates that Carlo Calabria, a director of Arqit Quantum Inc. (ARQQ), acquired 1,051 ordinary shares of the company through the vesting of restricted stock units (RSUs) on April 1, 2026.
The RSUs vest quarterly over several years, suggesting Calabria has a long-term commitment to the company.
The lack of any reported sales or dispositions of Calabria's shares indicates he is holding on to his position, which could be viewed positively by investors.

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.