Infleqtion (INFQ) director-linked funds sell 3.07M shares after LP distributions
Rhea-AI Filing Summary
Infleqtion, Inc. director David B. Singer reported indirect fund-level transactions in the company’s common stock. On May 27, 2026, investment funds associated with him completed pro rata, no‑consideration share distributions to their limited partners and related restructuring transactions.
On the same date, those funds also executed open‑market sales totaling 3,071,623 shares of Infleqtion common stock at weighted average prices around $15–$16 per share, with sale proceeds distributed to certain limited partners. All holdings are reported as indirect, through Maverick Advisors Fund, Maverick Ventures Investment Fund, Maverick Capital Ventures and family estate planning entities.
Singer is a managing partner of Maverick Ventures and, for Section 16 purposes, disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the relevant entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 460,072 | $0.00 | -- |
| Sale | Common Stock | 758,561 | $15.2879 | $11.60M |
| Sale | Common Stock | 332,639 | $15.9754 | $5.31M |
| Other | Common Stock | 508,549 | $0.00 | -- |
| Sale | Common Stock | 1,376,716 | $15.2879 | $21.05M |
| Sale | Common Stock | 603,707 | $15.9754 | $9.64M |
| Other | Common Stock | 349,693 | $0.00 | -- |
| Other | Common Stock | 83,773 | $0.00 | -- |
Footnotes (1)
- Maverick Advisors Fund, L.P. ("Maverick Advisors Fund") distributed these shares to its limited partners pro rata for no consideration (the "MAF Distribution"). These shares were sold by Maverick Advisors Fund as part of the MAF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Advisors Fund. Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund") distributed these shares to its limited partners pro rata for no consideration (the "MVIF Distribution"). These shares were sold Maverick Ventures Fund as part of the MVIF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Ventures Fund. Received for no consideration in the pro rata distributions effected by Maverick Advisors Fund and Maverick Ventures Fund. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.67 to $15.66 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. Held directly by Maverick Advisors Fund. Maverick Capital Ventures, LLC ("Maverick Ventures") is the general partner of Maverick Advisors Fund. The Reporting Person is a managing partner of Maverick Ventures. Held directly by Maverick Ventures Fund. Maverick Ventures is the general partner of Maverick Ventures Fund. Held directly by Maverick Ventures. Held directly by family estate planning entities controlled by the Reporting Person. 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. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.67 to $16.38 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range.
Key Figures
Key Terms
open-market sale financial
pro rata financial
weighted average price financial
beneficial ownership financial
family estate planning entities financial
FAQ
What insider transactions did Infleqtion (INFQ) disclose for David B. Singer?
The filing shows indirect fund-level transactions involving David B. Singer on May 27, 2026. Associated investment funds both distributed shares pro rata to limited partners and executed open-market sales of Infleqtion common stock with proceeds distributed to certain limited partners.
Were the Infleqtion (INFQ) insider transactions personal trades by David B. Singer?
No. The transactions were indirect and executed by entities such as Maverick Advisors Fund, Maverick Ventures Investment Fund and related vehicles. The filing states Singer disclaims beneficial ownership of these securities except for his pecuniary interest in those entities.
What are the pro rata distributions mentioned in the Infleqtion (INFQ) Form 4/A?
The document describes pro rata distributions by Maverick Advisors Fund and Maverick Ventures Investment Fund. These funds distributed Infleqtion shares to their limited partners for no consideration, and some shares were sold with proceeds then distributed to certain limited partners.