Infleqtion (NASDAQ: INFQ) director receives 22,619 stock options at $12.59
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Infleqtion, Inc. director Catherine P. Lego received a grant of stock options as part of her compensation. She was awarded 22,619 options to buy Infleqtion common stock at an exercise price of $12.59 per share, expiring on April 10, 2036.
The options vest in full on the earlier of May 23, 2027 or the date of Infleqtion’s next annual stockholder meeting following April 10, 2026, provided she maintains continuous service under the company’s 2026 Equity Incentive Plan. After this grant, she directly holds options for 22,619 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lego Catherine P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 22,619 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 22,619 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 22,619 options
Exercise price: $12.59 per share
Expiration date: April 10, 2036
+2 more
5 metrics
Options granted
22,619 options
Grant to director on April 10, 2026
Exercise price
$12.59 per share
Stock option strike price
Expiration date
April 10, 2036
Option term end
Post-grant option holdings
22,619 options
Total options following transaction
Vesting outside date
May 23, 2027
Latest full vesting date if service continues
Key Terms
Stock Option (Right to Buy), Equity Incentive Plan, Continuous Service, Non-Employee Director Compensation Policy
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Equity Incentive Plan financial
"defined in the Issuer's 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Continuous Service financial
"subject to the Reporting Person's Continuous Service"
Non-Employee Director Compensation Policy financial
"subject to any acceleration provisions contained in the Issuer's Non-Employee Director Compensation Policy"
FAQ
What did Catherine P. Lego report in this Infleqtion (INFQ) Form 4 filing?
Catherine P. Lego reported receiving a grant of stock options for 22,619 shares of Infleqtion common stock. These options are part of her director compensation and give her the right to buy shares at a fixed exercise price over a long-term period.
What are the key terms of Catherine Lego’s Infleqtion (INFQ) stock options?
The options cover 22,619 shares of Infleqtion common stock at an exercise price of $12.59 per share, expiring on April 10, 2036. They are classified as a grant or award, not an open-market purchase or sale.
When do Catherine Lego’s Infleqtion (INFQ) stock options vest?
The options vest in full on the earlier of May 23, 2027 or the date of Infleqtion’s next annual stockholder meeting after April 10, 2026. Vesting requires her continuous service under the company’s 2026 Equity Incentive Plan.
How many Infleqtion (INFQ) options does Catherine Lego hold after this Form 4?
After this transaction, Catherine Lego holds options for 22,619 shares of Infleqtion common stock directly. The filing does not show additional derivative positions, indicating this grant represents her reported option holdings in this specific report.
Is Catherine Lego’s Infleqtion (INFQ) Form 4 transaction a market buy or sell?
No, the Form 4 reports a grant of stock options, coded as an acquisition (A) for compensation. It is not an open-market purchase or sale; instead, it awards her the right to buy shares later at $12.59 per share.