Apex Treasury CFO receives 50,000 Class B shares
Apex Treasury Corp Chief Financial Officer Paul Sykes reported an internal equity transfer involving Class B Ordinary Shares.
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
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares | 50,000 | $150.00 | $7.50M |
Footnotes (2)
- F1. 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).
- F2. 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
Key Terms
initial business combination financial
anti-dilution rights financial
registration statement on Form S-1 regulatory
Apex Treasury Sponsor LLC financial
FAQ
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What insider transaction did Apex Treasury (APXT) disclose in this Form 4?
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