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Churchill XI director acquires 9.94M shares in merger

Legacy Agility common stock and stock options automatically converted into corresponding CCXI securities under the merger agreement.

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Form Type
4

Rhea-AI Filing Summary

Churchill Capital Corp XI (CCXI) director Damion Shelton acquired 9,938,151 common shares in the November 4, 2026 business combination. The merger terms also converted Legacy Agility stock options into options covering 230,050 CCXI shares; those options are fully vested and exercisable at $0.56 per share and expire December 31, 2027.

Insider Shelton Damion
Role Director
Type Security Shares Price Value
Grant/Award Stock Option F1, F2 230,050 -- --
Grant/Award Common Stock F1 9,938,151 -- --
Holdings After Transaction: Stock Option — 230,050 options (Direct); Common Stock — 9,938,151 shares (Direct)
Footnotes (2)
  1. F1. Represents securities received as part of the Issuer's business combination, in connection with the Agreement and Plan of Merger and Reorganization, dated as of June 24, 2026 (as amended, modified, supplemented or waived from time to time, the "Merger Agreement"), by and among the Issuer (formerly known as Churchill Capital Corp XI), BLB Merger Sub, Inc. and Agility Robotics, Inc. ("Legacy Agility"), pursuant to which the common stock of Legacy Agility automatically converted into newly issued shares of Common Stock of the Issuer, pursuant to the terms of the Merger Agreement. In addition, each Legacy Agility stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement.
  2. F2. The stock option is fully vested and exercisable.
Common shares acquired 9,938,151 shares Damion Shelton, November 4, 2026
Common shares held after transaction 9,938,151 shares Damion Shelton's reported position
Shares underlying options 230,050 shares Options received in the business combination
Option exercise price $0.56 per share Options received in the business combination
Option expiration December 31, 2027 Options received in the business combination
business combination financial
"as part of the Issuer's business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Agreement and Plan of Merger and Reorganization regulatory
"the Agreement and Plan of Merger and Reorganization"
fully vested and exercisable financial
"The stock option is fully vested and exercisable"

FAQ

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How many CCXI shares did director Damion Shelton acquire?

Damion Shelton acquired 9,938,151 CCXI common shares on November 4, 2026, in connection with the business combination. The transaction also converted Legacy Agility options into CCXI options covering 230,050 shares; they are fully vested and exercisable at $0.56 per share and expire December 31, 2027.

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

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SEC Form 4
FORM 4UNITED 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*
Shelton Damion

(Last)(First)(Middle)
C/O AGILITY ROBOTICS, INC.
4698 TRUAX DRIVE SE

(Street)
SALEM OREGON 97317

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Agility Robotics, Inc. [ AGLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock11/04/2026A9,938,151A(1)9,938,151D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$0.5611/04/2026A230,050 (2)12/31/2027Common Stock230,050(1)230,050D
Explanation of Responses:
1. Represents securities received as part of the Issuer's business combination, in connection with the Agreement and Plan of Merger and Reorganization, dated as of June 24, 2026 (as amended, modified, supplemented or waived from time to time, the "Merger Agreement"), by and among the Issuer (formerly known as Churchill Capital Corp XI), BLB Merger Sub, Inc. and Agility Robotics, Inc. ("Legacy Agility"), pursuant to which the common stock of Legacy Agility automatically converted into newly issued shares of Common Stock of the Issuer, pursuant to the terms of the Merger Agreement. In addition, each Legacy Agility stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement.
2. The stock option is fully vested and exercisable.
/s/ Chris Porcelli, Attorney-in-Fact11/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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