Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Arqit Quantum Inc.ARQQ · Entity 5853 | Chief Operating Officer | October 06, 2026 | October 08, 2026 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
Arqit Quantum Inc.
Report date October 06, 2026 · Filed October 08, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Ordinary SharesSEC Table I · non-derivative | Direct | 4,243.47 |
Reported balance
After 2026-10-06 transaction · row 1
1 source rowRow 1 · 2026-10-06 · Sale · Disposed 218 · Balance 4,243.47 |
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| October 06, 2026 Filed Oct 8, 2026 22:19 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 218 | $24.19 | $5,273.75 |
DisclosureSEC source: 0001859690-26-000191 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,243.47 Read SEC document |
| October 05, 2026 Filed Oct 7, 2026 23:42 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 166 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000179 · form4.xml · derivative · entry 5 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,000 Underlying: Ordinary Shares · 166 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. Read SEC document |
| October 05, 2026 Filed Oct 7, 2026 23:42 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 277 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000179 · form4.xml · derivative · entry 4 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,332 Underlying: Ordinary Shares · 277 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. Read SEC document |
| October 05, 2026 Filed Oct 7, 2026 23:42 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 233 | $23.78 | $5,541.84 |
DisclosureSEC source: 0001859690-26-000179 · form4.xml · nonDerivative · entry 3 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,461.47 Read SEC document |
| October 05, 2026 Filed Oct 7, 2026 23:42 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 166 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000179 · form4.xml · nonDerivative · entry 2 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,694.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| October 05, 2026 Filed Oct 7, 2026 23:42 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 277 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000179 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,528.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 167 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · derivative · entry 6 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,166 Underlying: Ordinary Shares · 167 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F3 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 278 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · derivative · entry 5 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,609 Underlying: Ordinary Shares · 278 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F2 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 129 | $24.47 | $3,157.18 |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · nonDerivative · entry 4 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,251.47 Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 92 | $24.47 | $2,251.64 |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · nonDerivative · entry 3 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,380.47 Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 167 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · nonDerivative · entry 2 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,472.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| October 02, 2026 Filed Oct 6, 2026 23:45 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 278 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000176 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,305.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| October 01, 2026 Filed Oct 6, 2026 00:24 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 167 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001859690-26-000163 · form4.xml · derivative · entry 4 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,333 Underlying: Ordinary Shares · 167 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F3 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. Read SEC document |
| October 01, 2026 Filed Oct 6, 2026 00:24 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 278 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001859690-26-000163 · form4.xml · derivative · entry 3 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,887 Underlying: Ordinary Shares · 278 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · derivative.exercise_price: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F2 · derivative.exercise_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.expiration_date: The RSUs vest quarterly in equal installments on October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. Read SEC document |
| October 01, 2026 Filed Oct 6, 2026 00:24 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 167 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000163 · form4.xml · nonDerivative · entry 2 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,027.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| October 01, 2026 Filed Oct 6, 2026 00:24 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 278 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000163 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,860.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| July 02, 2026 Filed Jul 6, 2026 20:11 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 769 | $25.20 | $19,380.80 |
DisclosureSEC source: 0001859690-26-000131 · form4.xml · nonDerivative · entry 3 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,582.47 Read SEC document |
| July 01, 2026 Filed Jul 6, 2026 20:11 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 500 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000131 · form4.xml · derivative · entry 5 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,500 Underlying: Ordinary Shares · 500 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F3 · derivative.exercise_date: The RSUs vest quarterly in equal installments on July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.expiration_date: The RSUs vest quarterly in equal installments on July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. Read SEC document |
| July 01, 2026 Filed Jul 6, 2026 20:11 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Share Units · Derivative | 833 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000131 · form4.xml · derivative · entry 4 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,165 Underlying: Ordinary Shares · 833 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F2 · derivative.exercise_date: The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.expiration_date: The RSUs vest quarterly in equal installments on July 1 and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. Read SEC document |
| July 01, 2026 Filed Jul 6, 2026 20:11 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 500 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000131 · form4.xml · nonDerivative · entry 2 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,351.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| July 01, 2026 Filed Jul 6, 2026 20:11 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 833 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000131 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,851.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: The Restricted Share Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| April 02, 2026 Filed Apr 3, 2026 23:28 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | SaleOrdinary Shares | 683 | $13.31 | $9,091.55 |
DisclosureSEC source: 0001859690-26-000060 · form4.xml · nonDerivative · entry 3 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,018.47 Read SEC document |
| April 01, 2026 Filed Apr 3, 2026 23:28 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Stock Units · Derivative | 500 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000060 · form4.xml · derivative · entry 5 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 5,000 Underlying: Ordinary Shares · 500 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F3 · derivative.exercise_date: 500 RSUs vested on April 1, 2026 and the remaining RSUs vest quarterly in equal installments on July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. F3 · derivative.expiration_date: 500 RSUs vested on April 1, 2026 and the remaining RSUs vest quarterly in equal installments on July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027, and January 1, April 1, July 1, and October 1, 2028. Read SEC document |
| April 01, 2026 Filed Apr 3, 2026 23:28 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionRestricted Stock Units · Derivative | 833 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000060 · form4.xml · derivative · entry 4 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 4,998 Underlying: Ordinary Shares · 833 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. F2 · derivative.exercise_date: The RSUs vest quarterly in equal installments on April 1, July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. F2 · derivative.expiration_date: The RSUs vest quarterly in equal installments on April 1, July 1, and October 1, 2026, and January 1, April 1, July 1, and October 1, 2027. Read SEC document |
| April 01, 2026 Filed Apr 3, 2026 23:28 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 500 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000060 · form4.xml · nonDerivative · entry 2 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,701.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
| April 01, 2026 Filed Apr 3, 2026 23:28 UTC | Arqit Quantum Inc. ARQQ · Entity 5853 | Exercise / conversionOrdinary Shares | 833 | $0.00 | $0.00 |
DisclosureSEC source: 0001859690-26-000060 · form4.xml · nonDerivative · entry 1 Wilder Ben Simon · CIK 0002101275 · Chief Operating Officer 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 3,201.47 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Restricted Stock Units ("RSUs") convert into ARQQ ordinary shares on a one-for-one basis. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.