Infleqtion CEO exercises options, sells 770K shares
Infleqtion, Inc. director and Chief Executive Officer Matthew John Kinsella reported a series of transactions in the company’s common stock.
Rhea-AI Filing Summary
Infleqtion, Inc. director and Chief Executive Officer Matthew John Kinsella reported a series of transactions in the company’s common stock. Entities associated with him, including Kinsella Investment Holdings, LLC and family trusts, sold an aggregate of 769,954 shares in open-market transactions at various weighted average prices. He also exercised stock options to acquire 545,824 shares at an exercise price of $0.90 per share. Following these transactions, his reported holdings include 470,143 shares held directly, 336,197 shares held indirectly, and 5,404,556 stock options remaining directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 112,065 | $15.56 | $1.74M |
| Exercise | Stock Option (Right to Buy) | 545,824 | $0.00 | $0.00 |
| Exercise | Common Stock | 545,824 | $0.90 | $491K |
| Sale | Common Stock | 75,681 | $16.32 | $1.24M |
| Sale | Common Stock | 453,865 | $17.31 | $7.86M |
| Sale | Common Stock | 16,278 | $17.91 | $292K |
| Sale | Common Stock | 112,065 | $17.75 | $1.99M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (9)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.83 to $16.8226 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.83 to $17.8293 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.83 to $18.1651 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.675 to $17.995 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. Held directly by Kinsella Investment Holdings, LLC. Mr. Kinsella may be deemed to beneficially own shares of Kinsella Investment Holdings, LLC by virtue of his voting power and investment power over such shares.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.44 to $15.71 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. Held directly by The John R. Kinsella Children's Trust, of which the Reporting Person is co-trustee. Mr. Kinsella may be deemed to beneficially own shares of The John R. Kinsella Children's Trust by virtue of his voting power and investment power over such shares.
- F8. Held directly by The John R. Kinsella Revocable Living Trust, of which the Reporting Person is a trustee. Mr. Kinsella may be deemed to beneficially own shares of The John R. Kinsella Revocable Living Trust by virtue of his voting power and investment power over such shares.
- F9. Fully vested.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Stock Option (Right to Buy) financial
beneficially own financial
exercise or conversion of derivative security financial
FAQ
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