Infleqtion director granted 33,928 stock options
Infleqtion, Inc. reported that director David B. Singer received a grant of stock options covering 33,928 shares of common stock at an exercise price of $12.59 per share.
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Rhea-AI Filing Summary
Infleqtion, Inc. reported that director David B. Singer received a grant of stock options covering 33,928 shares of common stock at an exercise price of $12.59 per share. The options were awarded at no cost and expire 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, subject to Mr. Singer’s continued board service. After this grant, 33,928 derivative securities of this type are reported as beneficially owned indirectly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 33,928 | $0.00 | $0.00 |
Footnotes (2)
- F1. The options vest in full on the earlier of (i) May 23, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders following April 10, 2026, subject to David B. Singer's continued service through such date.
- F2. Held directly by Mr. Singer. The economic benefit of the director compensation provided in respect of Mr. Singer's board service passes to Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund") through a management fee offset. Maverick Capital, Ltd. ("Maverick") is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as the investment manager for Maverick Ventures Fund. Maverick may therefore be deemed to have an indirect pecuniary interest in the options reported herein. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
pecuniary interest financial
management fee offset financial
beneficial ownership financial
registered investment adviser regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Infleqtion (INFQ) report in this Form 4?
When do David B. Singer’s Infleqtion (INFQ) stock options vest?
How many Infleqtion (INFQ) options does the Form 4 show after this grant?
What is the exercise price and expiration date of the Infleqtion (INFQ) options?
AI-generated analysis. How Rhea-AI works. Not financial advice.