Infleqtion director granted 33,928 stock options
Infleqtion, Inc. reported that director David B. Singer was granted stock options covering 33,928 shares of common stock at an exercise price of $12.59 per share.
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Rhea-AI Filing Summary
Infleqtion, Inc. reported that director David B. Singer was granted stock options covering 33,928 shares of common stock at an exercise price of $12.59 per share. The options vest in full on the earlier of May 23, 2027 or the issuer's next annual stockholder meeting after April 10, 2026, subject to his continuous service. These options expire on April 10, 2036. According to the disclosure, the economic benefit of this director compensation passes to Maverick Ventures Investment Fund, L.P. through a management fee offset, and Singer disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 33,928 | $0.00 | $0.00 |
Footnotes (2)
- F1. The options vest in full on the earlier of (i) May 23, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders following April 10, 2026, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2026 Equity Incentive Plan) with the Issuer through such date. Vesting shall be subject to any acceleration provisions contained in the Issuer's Non-Employee Director Compensation Policy.
- F2. The economic benefit of the director compensation provided in respect of the Reporting Person's board service passes to Maverick Ventures Investment Fund, L.P. through a management fee offset. The Reporting Person disclaims, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Continuous Service financial
2026 Equity Incentive Plan financial
Non-Employee Director Compensation Policy financial
management fee offset financial
pecuniary interest financial
FAQ
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What did Infleqtion (CCCX) disclose about David B. Singer's compensation?
When do David B. Singer’s Infleqtion (CCCX) options vest?
What is the exercise price and expiration date of the Infleqtion (CCCX) options?
Who ultimately benefits economically from this Infleqtion (CCCX) option grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.