Apex Treasury Corp (APXT) Sponsor shifts 50K Class B shares at $0.003

Rhea-AI Filing Summary

Apex Treasury Sponsor LLC, a major holder of Apex Treasury Corp, reported an internal restructuring of its stake rather than a market trade. On April 17, 2026, the Sponsor transferred 50,000 Class B Ordinary Shares to Paul Sykes for $0.003 per share, the same price it originally paid.

After this transfer, the Sponsor held 11,070,000 Class B Ordinary Shares. These Class B shares automatically convert into Class A Ordinary Shares on a one-for-one basis at the time of Apex Treasury Corp’s initial business combination, or earlier at the holder’s option, subject to anti-dilution adjustments.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Apex Treasury Sponsor LLC, Cochrane Hugh, Rahman Ajmal

Role null | Co-Chief Executive Officer | Co-Chief Executive Officer

Type	Security	Shares	Price	Value
Other	Class B Ordinary Shares	50,000	$0.00	--

Holdings After Transaction: Class B Ordinary Shares — 11,070,000 shares (Direct, null)

Footnotes (1)

1. The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-289485). On April 17, 2026, Apex Treasury Sponsor LLC (the "Sponsor") transferred 50,000 Class B Ordinary Shares of the Issuer to Paul Sykes for the same per-share price it paid for such shares, or $0.003 per share. The Sponsor is the record holder of the securities reported herein. Hugh Cochrane and Ajmal Rahman are the managing members of the Sponsor. Each of Messrs. Cochrane and Rahman has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, each of Messrs. Cochrane and Rahman may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Key Figures

Shares transferred: 50,000 shares Transfer price: $0.003 per share Shares after transaction: 11,070,000 shares +1 more

4 metrics

Shares transferred 50,000 shares Class B Ordinary Shares transferred to Paul Sykes on April 17, 2026

Transfer price $0.003 per share Same per-share price Sponsor originally paid for the shares

Shares after transaction 11,070,000 shares Class B Ordinary Shares held by Apex Treasury Sponsor LLC following transfer

Conversion ratio 1 Class B : 1 Class A Automatic conversion at initial business combination or earlier at holder’s option

Key Terms

Class B Ordinary Shares, Class A Ordinary Shares, anti-dilution rights, initial business combination, +1 more

5 terms

Class B Ordinary Shares financial

"The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Class A Ordinary Shares financial

"convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

anti-dilution rights financial

"on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights"

initial business combination financial

"automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

beneficial ownership financial

"may be deemed to have beneficial ownership of the securities held directly by the Sponsor"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Apex Treasury Sponsor LLC

(Last) (First) (Middle)

C/O APEX TREASURY CORPORATION

2035 REGATTA DRIVE

(Street)

VERO BEACH FLORIDA 32963

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Apex Treasury Corp [ APXT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	04/17/2026		J(2)			50,000	(1)	(1)	Class A Ordinary Shares	50,000	$0	11,070,000	D(3)

1. Name and Address of Reporting Person^*

Apex Treasury Sponsor LLC

(Last) (First) (Middle)

C/O APEX TREASURY CORPORATION

2035 REGATTA DRIVE

(Street)

VERO BEACH FLORIDA 32963

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Cochrane Hugh

(Last) (First) (Middle)

C/O APEX TREASURY CORPORATION

2035 REGATTA DRIVE

(Street)

VERO BEACH FLORIDA 32963

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

1. Name and Address of Reporting Person^*

Rahman Ajmal

(Last) (First) (Middle)

C/O APEX TREASURY CORPORATION

2035 REGATTA DRIVE

(Street)

VERO BEACH FLORIDA 32963

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

Explanation of Responses:

1. The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-289485).

2. On April 17, 2026, Apex Treasury Sponsor LLC (the "Sponsor") transferred 50,000 Class B Ordinary Shares of the Issuer to Paul Sykes for the same per-share price it paid for such shares, or $0.003 per share.

3. The Sponsor is the record holder of the securities reported herein. Hugh Cochrane and Ajmal Rahman are the managing members of the Sponsor. Each of Messrs. Cochrane and Rahman has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, each of Messrs. Cochrane and Rahman may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Remarks:

See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.

	/s/ Jordan Leon, Attorney-in-Fact for Apex Treasury Sponsor LLC	04/21/2026
	/s/ Jordan Leon, Attorney-in-Fact for Hugh Cochrane	04/21/2026
	/s/ Jordan Leon, Attorney-in-Fact for Ajmal Rahman	04/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Apex Treasury Sponsor LLC report for APXT?

Apex Treasury Sponsor LLC reported transferring 50,000 Class B Ordinary Shares to Paul Sykes. The transfer occurred on April 17, 2026 and was priced at $0.003 per share, matching the Sponsor’s original per-share purchase cost.

How many APXT Class B shares does Apex Treasury Sponsor LLC hold after the transaction?

After the restructuring, Apex Treasury Sponsor LLC held 11,070,000 Class B Ordinary Shares. This figure reflects its position following the 50,000-share transfer to Paul Sykes, as disclosed in the Form 4 filing’s transaction details.

How are APXT Class B Ordinary Shares treated in relation to Class A shares?

APXT Class B Ordinary Shares automatically convert into Class A Ordinary Shares on a one-for-one basis. Conversion occurs at the time of the company’s initial business combination, or earlier at the holder’s option, and is subject to specified anti-dilution adjustments.

Who may be deemed beneficial owners of Apex Treasury Sponsor LLC’s APXT shares?

Hugh Cochrane and Ajmal Rahman, managing members of Apex Treasury Sponsor LLC, may be deemed beneficial owners of the shares the Sponsor holds. Each has voting and investment discretion but disclaims beneficial ownership beyond any pecuniary interest they may hold.

Was the APXT insider transaction an open-market buy or sell?

No, the APXT insider transaction was classified as an “other” transaction. It reflects a transfer of 50,000 Class B Ordinary Shares by the Sponsor to Paul Sykes, rather than an open-market purchase or sale on a stock exchange.