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Churchill Capital Corp XI CFO acquires 2.58M shares

The reported resulting position is identified as RSUs, with vesting scheduled to begin July 27, 2027.

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Form Type
4

Rhea-AI Filing Summary

Churchill Capital Corp XI (CCXI) Chief Financial Officer Michael Thomas Beer reported acquiring 2,576,560 shares of Common Stock on November 4, 2026, in connection with the business combination. Legacy Agility common stock automatically converted into newly issued common stock of the issuer. The reported resulting position of 2,576,560 shares is identified as RSUs: 25% vest on July 27, 2027, followed by 12 substantially equal quarterly installments. No Rule 10b5-1 plan is reported.

Insider Beer Michael Thomas
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 2,576,560 -- --
Holdings After Transaction: Common Stock — 2,576,560 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 restricted stock unit ("RSU") was automatically converted into the right to receive RSUs of the Issuer, pursuant to the terms of the Merger Agreement.
  2. F2. Represents RSUs that vest 25% on July 27, 2027 and thereafter in 12 substantially equal quarterly installments.
Common Stock acquired 2,576,560 shares In connection with the business combination on November 4, 2026
Reported resulting position 2,576,560 shares Identified as RSUs
Initial RSU vesting 25% Vests on July 27, 2027
Subsequent vesting installments 12 substantially equal quarterly installments RSU vesting schedule
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.
restricted stock unit financial
"each Legacy Agility restricted stock unit ("RSU")"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Merger Agreement financial
"pursuant to the terms of the Merger Agreement"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

FAQ

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

How many shares did CCXI CFO Michael Thomas Beer acquire?

Michael Thomas Beer reported acquiring 2,576,560 shares of Common Stock on November 4, 2026, in connection with the business combination. Legacy Agility common stock automatically converted into newly issued common stock of the issuer. No Rule 10b5-1 plan is reported.

How are Michael Thomas Beer's CCXI RSUs scheduled to vest?

25% vest on July 27, 2027, followed by 12 substantially equal quarterly installments. The reported resulting position is identified as RSUs.

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*
Beer Michael Thomas

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial 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 Stock11/04/2026A2,576,560A(1)2,576,560(2)D
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
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 restricted stock unit ("RSU") was automatically converted into the right to receive RSUs of the Issuer, pursuant to the terms of the Merger Agreement.
2. Represents RSUs that vest 25% on July 27, 2027 and thereafter in 12 substantially equal quarterly 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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