Moduli spaces of sheaves on K3 surfaces have been well-studied when defined over the complex numbers, because they are one of the known families of hyperkaehler varieties. However, many of their arithmetic properties when defined over an arbitrary field are still unknown. In this talk, I will tell you about a new result in this direction: two such moduli spaces of the same dimension, when defined over a finite field, have the same number of points defined over every finite field extension of the base field, which is surprising when the moduli spaces are not birational. The way to get at this result is to study the cohomology groups of the moduli spaces as Galois representations. Over an arbitrary field, we find that all of the cohomology groups are isomorphic as Galois representations.