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[Form 3] Churchill Capital Corp X/Cayman Initial Statement of Beneficial Ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Churchill Capital Corp X/Cayman received an initial Form 3 from investment adviser Maverick Capital and related reporting persons, detailing their indirect holdings of the company’s common stock and options as of February 13, 2026. The filing lists several large blocks of common stock held through Maverick-managed funds and accounts, including holdings of 9,816,912 shares and 6,217,382 shares, along with additional smaller positions in other vehicles. It also reports stock option positions labeled as a right to buy, with 34,740 and 29,950 options outstanding, tied to director compensation for David B. Singer. One third of the shares underlying these options vest on February 17, 2027, with the remainder vesting monthly thereafter, and the economic benefit of this director compensation is directed to a Maverick-related fund. Each reporting owner disclaims beneficial ownership beyond its or his pecuniary interest.

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
MAVERICK CAPITAL LTD

(Last) (First) (Middle)
1900 N. PEARL STREET, 20TH FLOOR

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/13/2026
3. Issuer Name and Ticker or Trading Symbol
Churchill Capital Corp X/Cayman [ INFQ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 8,300 I See Footnote(1)(2)(3)
Common Stock 75,700 I See Footnote(1)(2)(4)
Common Stock 143,900 I See Footnote(1)(2)(5)
Common Stock 135,800 I See Footnote(1)(2)(6)
Common Stock 6,217,382 I See Footnote(1)(2)(7)
Common Stock 527,861 I See Footnote(1)(2)(8)
Common Stock 9,816,912 I See Footnote(1)(2)(9)
Common Stock 136,300 I See Footnote(1)(2)(10)
Common Stock 2,879,769 I See Footnote(1)(2)(11)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 02/17/2026 06/05/2034 Common Stock 34,740 $0.9 I See Footnote(12)
Stock Option (Right to Buy) (13) 02/12/2036 Common Stock 29,950 $13.22 I See Footnote(12)
1. Name and Address of Reporting Person*
MAVERICK CAPITAL LTD

(Last) (First) (Middle)
1900 N. PEARL STREET, 20TH FLOOR

(Street)
DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
MAVERICK CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
1900 N. PEARL STREET, 20TH FLOOR

(Street)
DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
AINSLIE LEE S III

(Last) (First) (Middle)
360 SOUTH ROSEMARY AVENUE

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Maverick Capital, Ltd. ("Maverick") is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as the investment manager for each of Maverick Long Fund, Maverick Long Enhanced Fund, Maverick Fund II, MDI, and Maverick Fund USA (each as defined herein). Maverick Capital Management, LLC ("Maverick Capital Management") serves as the general partner to Maverick, and Lee S. Ainslie III is the manager of Maverick. Maverick Silicon, L.P. ("Maverick Silicon") is the investment manager of Maverick Silicon Fund (as defined herein). Maverick Capital Management is the general partner of Maverick Silicon, and Mr. Ainslie and Andrew C. Homan are the managing partners of Maverick Silicon. MCV Management Company, LLC ("MCV") is the investment manager, and Maverick Capital Ventures, LLC ("Maverick Ventures") is the general partner, of Maverick Ventures Fund and Maverick Advisors Fund (each as defined herein).
2. Maverick is the controlling member of MCV, and Mr. Ainslie and David B. Singer are the managing partners of Maverick Ventures and MCV. Maverick Capital Management is the general partner of the controlling member of Maverick Ventures. Mr. Singer serves on the board of directors of the Issuer. Each reporting owner disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.
3. Held directly by a separate managed account managed by Maverick.
4. Held directly by Maverick Long Fund, Ltd. ("Maverick Long Fund").
5. Held directly by Maverick Long Enhanced Fund, Ltd. ("Maverick Long Enhanced Fund").
6. Held directly by Maverick Fund II, Ltd. ("Maverick Fund II").
7. Held directly by Maverick Advisors Fund, L.P. ("Maverick Advisors Fund").
8. Held directly by Maverick Designated Investments Fund, L.P. ("MDI").
9. Held directly by Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund").
10. Held directly by Maverick Fund USA, Ltd. ("Maverick USA").
11. Held directly by Maverick Silicon Fund, L.P. ("Maverick Silicon Fund").
12. Held directly by Mr. Singer. The economic benefit of the director compensation provided in respect of Mr. Singer's board service passes to Maverick Ventures Fund through a management fee offset. Maverick may therefore be deemed to have an indirect pecuniary interest in the options reported herein.
13. 1/3 of the shares underlying the options will vest on February 17, 2027, and 1/36th of the total shares shall vest each month thereafter on the same day of the month, subject to Mr. Singer's continued service through each vesting date.
Maverick Capital, Ltd., By: Trevor Wiessmann, for Maverick Capital, Ltd., by power of attorney for Lee S. Ainslie III, Manager of Maverick Capital Management, LLC, its General Partner, /s/ Trevor Wiessmann 02/18/2026
Maverick Capital Management, LLC, By: Trevor Wiessmann, for Maverick Capital Management LLC, by power of attorney for Lee S. Ainslie III, its Manager, /s/ Trevor Wiessmann 02/18/2026
Lee S. Ainslie III, By: Trevor Wiessmann, for Lee S. Ainslie III, by power of attorney for Lee S. Ainslie III, /s/ Trevor Wiessmann 02/18/2026
** 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 5 (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.
Churchill Cap Corp X

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