Infleqtion director acquires shares in merger grant

Accepted by SEC EDGAR 02/18/2026 - 08:50 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Catherine P. Lego, a director of Infleqtion, Inc. (formerly Churchill Capital Corp X), reported stock awards tied to the company’s merger with ColdQuanta, Inc. She acquired 477,680 shares of common stock directly and 82,801 shares indirectly through Lego Holdings, LP as merger consideration.

Footnotes state these shares were issued upon conversion of the Company’s Series C-1 preferred stock in the completed merger structure. Of the reported shares, 103,739 are subject to Infleqtion’s right of repurchase and vest monthly in equal installments until December 10, 2026, contingent on her continued service.

Insider Trade Summary

Grant/Award: 560,481 shares

Grant/Award 2 txns

Insider Lego Catherine P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	477,680	$0.00	$0.00
Grant/Award	Common Stock	82,801	$0.00	$0.00

Holdings After Transaction: Common Stock — 477,680 shares (Direct); Common Stock — 82,801 shares (Indirect, See footnote)

Footnotes (4)

1. F1. Received pursuant to the Agreement and Plan of Merger and Reorganization, dated as of September 8, 2025, by and among Churchill Capital Corp X, a Delaware corporation now known as Infleqtion, Inc. ("Acquiror"), AH Merger Sub I, Inc., a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub I"), AH Merger Sub II, LLC, a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub II" and together with Merger Sub I, "Merger Subs") and ColdQuanta, Inc. (the "Company") pursuant to which (a) Merger Sub I was merged with and into the Company, and the Company continued as the surviving corporation and immediately thereafter, (b) the Company merged with and into Merger Sub II, and Merger Sub II became the surviving company and continued in existence as a wholly-owned subsidiary of Acquiror (collectively, the "Mergers"). In connection with the Mergers, Acquiror changed its name to Infleqtion, Inc. (the "Issuer").
2. F2. 103,739 of the shares are subject to the Issuer's right of repurchase. Such shares vest 1/36 per month until fully vested on December 10, 2026, subject to the continuous service of the Reporting Person as of each such date.
3. F3. Represents shares of common stock of the Issuer issued upon conversion of the Company's Series C-1 preferred stock pursuant to the Mergers.
4. F4. Held directly by Lego Holdings, LP. Ms. Lego may be deemed to beneficially own shares held by Lego Holdings, LP by virtue of her voting power and investment power over such shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does this Form 4 filing show for Churchill Capital Corp X (CCCX)?

The filing shows director Catherine P. Lego acquired Infleqtion common stock as part of its merger with ColdQuanta. She reported both directly held and indirectly held shares, reflecting stock issued in exchange for preferred shares tied to the transaction.

How many Infleqtion (CCCX) shares did Catherine P. Lego acquire directly and indirectly?

She acquired 477,680 shares of Infleqtion common stock directly and 82,801 shares indirectly through Lego Holdings, LP. These positions reflect equity issued in connection with the completed merger and preferred stock conversion described in the footnotes.

How are Catherine P. Lego’s Infleqtion (CCCX) shares held through Lego Holdings, LP treated?

Shares held indirectly are owned by Lego Holdings, LP. The filing notes Ms. Lego may be deemed to beneficially own those shares because she has voting and investment power over them, even though the legal holder of record is the partnership.

What vesting or repurchase terms apply to Catherine P. Lego’s Infleqtion (CCCX) shares?

Footnotes state 103,739 of the reported shares are subject to Infleqtion’s right of repurchase. These shares vest at a rate of 1/36 per month and are scheduled to be fully vested by December 10, 2026, assuming continuous service.

How is the ColdQuanta merger connected to this Infleqtion (CCCX) Form 4?

The Form 4 links the share awards to Infleqtion’s merger with ColdQuanta. It explains that common stock reported here was issued upon conversion of the Company’s Series C-1 preferred stock pursuant to the multi-step merger structure completed between the parties.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lego Catherine P

(Last) (First) (Middle)

C/O INFLEQTION, INC.

1315 WEST CENTURY DRIVE, SUITE 150

(Street)

LOUISVILLE CO 80027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Churchill Capital Corp X/Cayman [ INFQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/13/2026		A(1)		477,680(2)	A	(1)	477,680	D
Common Stock	02/13/2026		A(1)		82,801(3)	A	(1)	82,801	I	See footnote(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Received pursuant to the Agreement and Plan of Merger and Reorganization, dated as of September 8, 2025, by and among Churchill Capital Corp X, a Delaware corporation now known as Infleqtion, Inc. ("Acquiror"), AH Merger Sub I, Inc., a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub I"), AH Merger Sub II, LLC, a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub II" and together with Merger Sub I, "Merger Subs") and ColdQuanta, Inc. (the "Company") pursuant to which (a) Merger Sub I was merged with and into the Company, and the Company continued as the surviving corporation and immediately thereafter, (b) the Company merged with and into Merger Sub II, and Merger Sub II became the surviving company and continued in existence as a wholly-owned subsidiary of Acquiror (collectively, the "Mergers"). In connection with the Mergers, Acquiror changed its name to Infleqtion, Inc. (the "Issuer").

2. 103,739 of the shares are subject to the Issuer's right of repurchase. Such shares vest 1/36 per month until fully vested on December 10, 2026, subject to the continuous service of the Reporting Person as of each such date.

3. Represents shares of common stock of the Issuer issued upon conversion of the Company's Series C-1 preferred stock pursuant to the Mergers.

4. Held directly by Lego Holdings, LP. Ms. Lego may be deemed to beneficially own shares held by Lego Holdings, LP by virtue of her voting power and investment power over such shares.

	/s/ Jason D. Hall, Attorney-in-Fact	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 4 (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.