Infleqtion (CCCX) CTO awarded 2.34M shares plus 559K options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Infleqtion, Inc. (formerly Churchill Capital Corp X) Chief Technology Officer Pranav Gokhale reported equity awards received on February 13, 2026. He acquired 2,338,980 shares of common stock at a price of $0.00 per share, plus stock options covering an additional 559,367 shares. Some options are already vested, while others vest in equal monthly installments beginning on February 17, 2026, subject to continued service. Several of these awards reflect legacy ColdQuanta equity that was converted into Infleqtion stock and options in connection with the company’s merger transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Gokhale Pranav
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 260,552 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 347 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 3,859 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 781 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 293,828 | $0.00 | -- |
| Grant/Award | Common Stock | 2,338,980 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 260,552 shares (Direct);
Common Stock — 2,338,980 shares (Direct)
Footnotes (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"). 50% of the stock option vested and became exercisable on May 10, 2024, and thereafter the remainder vest in 24 equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Pursuant to the Mergers, the legacy stock options of the Company were automatically converted into the right to receive stock options of the Issuer with the same terms and conditions. Fully vested. 1/48th of the shares underlying the option vest in equal monthly installments commencing on February 17, 2026, subject to the Reporting Person's continued service through each vesting date.
FAQ
What stock options were granted to the Infleqtion CTO in this Form 4?
He was granted stock options covering a total of 559,367 shares. These options were reported across several line items and include both converted legacy ColdQuanta options and new Infleqtion options, with varying vesting schedules tied to his continued employment and service.
Are the Infleqtion CTO’s new stock options immediately vested?
Vesting is mixed. One footnote states certain options are fully vested, while another explains that one grant vests in 48 equal monthly installments starting February 17, 2026, contingent on his continued service with Infleqtion on each monthly vesting date.