CFO of Apex Treasury (NASDAQ: APXT) gets 50,000 sponsor shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apex Treasury Corp Chief Financial Officer Paul Sykes reported an internal equity transfer involving Class B Ordinary Shares. On April 17, 2026, Apex Treasury Sponsor LLC transferred 50,000 Class B Ordinary Shares to Sykes at $0.003 per share, the same price the sponsor originally paid.
After this transaction, Sykes directly holds 150,000 Class B Ordinary Shares. These Class B shares are automatically convertible into Class A Ordinary Shares on a one-for-one basis upon the company’s initial business combination, or earlier at the holder’s option, and have no expiration date, subject to anti-dilution adjustments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sykes Paul
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares | 50,000 | $150.00 | $7.50M |
Holdings After Transaction:
Class B Ordinary Shares — 150,000 shares (Direct, null)
Footnotes (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 transferred 50,000 Class B Ordinary Shares of the Issuer to Paul Sykes for $0.003 per share, the same per-share price it paid for such shares.
Key Figures
Shares transferred: 50,000 shares
Transfer price: $0.003 per share
Post-transaction holdings: 150,000 shares
+1 more
4 metrics
Shares transferred
50,000 shares
Class B Ordinary Shares transferred on April 17, 2026
Transfer price
$0.003 per share
Price paid by Paul Sykes to Apex Treasury Sponsor LLC
Post-transaction holdings
150,000 shares
Class B Ordinary Shares directly held by Paul Sykes after transfer
Underlying Class A shares
50,000 shares
Underlying Class A Ordinary Shares for the transferred Class B shares
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, initial business combination, anti-dilution rights, +2 more
6 terms
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.
anti-dilution rights financial
"on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights"
registration statement on Form S-1 regulatory
"as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.
Apex Treasury Sponsor LLC financial
"Apex Treasury Sponsor LLC transferred 50,000 Class B Ordinary Shares of the Issuer to Paul Sykes"
FAQ
What insider transaction did Apex Treasury (APXT) disclose in this Form 4?
Apex Treasury disclosed that CFO Paul Sykes received 50,000 Class B Ordinary Shares from Apex Treasury Sponsor LLC. The transfer occurred on April 17, 2026 at $0.003 per share, increasing his direct holdings to 150,000 Class B Ordinary Shares after the transaction.