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Churchill Capital Corp XI CEO receives 5.06M options

The options carry a $0.56 exercise price, expire March 20, 2034, and vest monthly after an initial 25% vesting on March 4, 2025.

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Form Type
4

Rhea-AI Filing Summary

Churchill Capital Corp XI (CCXI) reported that Chief Executive Officer Margaret L. Johnson received 5,061,099 stock options in the business combination and that a trust received 347,790 common shares on November 4, 2026. Legacy Agility options automatically converted into issuer options; they have a $0.56 exercise price, expire March 20, 2034, and vested 25% on March 4, 2025, with the remainder vesting in 36 substantially equal monthly installments.

Insider Johnson Margaret L
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Stock Option F1, F2 5,061,099 -- --
Grant/Award Common Stock F1 347,790 -- --
Holdings After Transaction: Stock Option — 5,061,099 options (Direct); Common Stock — 347,790 shares (Indirect, By Trust)
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 vested as to 25% of the underlying shares on March 4, 2025 and vests thereafter in 36 substantially equal monthly installments.
Stock options 5,061,099 options Reported November 4, 2026
Common shares held by trust 347,790 shares Reported November 4, 2026
Exercise price $0.56 per share Stock options
Option expiration March 20, 2034 Stock options
Initial vesting 25% March 4, 2025
Vesting installments 36 installments Substantially equal monthly installments
stock option financial
"each Legacy Agility stock option was automatically converted"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
underlying shares financial
"vested as to 25% of the underlying shares"
Agreement and Plan of Merger and Reorganization technical
"in connection with the Agreement and Plan of Merger and Reorganization"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What securities did CCXI's CEO report receiving?

On November 4, 2026, Chief Executive Officer Margaret L. Johnson reported 5,061,099 stock options, while a trust received 347,790 common shares. The footnote identifies both securities as received as part of the issuer's business combination.

What are the terms of the CCXI options?

The options have a $0.56 exercise price and expire on March 20, 2034. They vested as to 25% of the underlying shares on March 4, 2025, and vest thereafter in 36 substantially equal monthly installments.

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*
Johnson Margaret L

(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
XOfficer (give title below)Other (specify below)
Chief Executive Officer
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 Stock11/04/2026A347,790A(1)347,790IBy Trust
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$0.5611/04/2026A5,061,099 (2)03/20/2034Common Stock5,061,099(1)5,061,099D
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 vested as to 25% of the underlying shares on March 4, 2025 and vests thereafter in 36 substantially equal monthly installments.
/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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