CXApp (NASDAQ: CXAI) CFO receives 250,000 stock options in compensation grants

Rhea-AI Filing Summary

CXApp Inc. Chief Financial Officer Joy Mbanugo received two stock option awards as part of her annual compensation. On April 13, 2026, she was granted 187,500 stock options for Class A Common Stock with a $0.16 exercise price, vesting one-third on the first anniversary and the remainder in equal monthly installments over the next 24 months. She was also granted 62,500 performance-based stock options at the same $0.16 exercise price, which will vest based on the company’s stock price performance. These are compensation-related awards, not open-market share purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Mbanugo Joy

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	187,500	$0.00	--
Grant/Award	Stock Option (Right to Buy)	62,500	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 187,500 shares (Direct)

Footnotes (1)

1. On April 13, 2026, the Reporting Person was granted 187,500 stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the options vest as follows: 1/3rd on the first anniversary of the grant date and 1/24th of the remaining options in equal monthly installments over the next 24 months. On April 13, 2026, the Reporting Person was granted 62,500 performance-based stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the performance-based options will vest based on the Company's stock price performance.

Key Figures

Time-based stock options granted: 187,500 options Performance-based stock options granted: 62,500 options Exercise price: $0.16 per share +2 more

5 metrics

Time-based stock options granted 187,500 options Grant to CFO on April 13, 2026

Performance-based stock options granted 62,500 options Grant to CFO on April 13, 2026

Exercise price $0.16 per share Applies to both option grants

Option expiration date April 13, 2036 Expiration for both grants

Vesting schedule for 187,500 options 1/3 at first anniversary; rest monthly over 24 months Time-based grant vesting terms

Key Terms

performance-based stock options, annual compensation package, vest, stock price performance

4 terms

performance-based stock options financial

"the Reporting Person was granted 62,500 performance-based stock options as part of the annual compensation package"

annual compensation package financial

"granted 187,500 stock options as part of the annual compensation package for serving as an employee"

vest financial

"The shares subject to the options vest as follows: 1/3rd on the first anniversary"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

stock price performance financial

"performance-based options will vest based on the Company's stock price performance"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Mbanugo Joy

(Last) (First) (Middle)

FOUR PALO ALTO SQUARE, SUITE 200

3000 EL CAMINO REAL

(Street)

PALO ALTO CALIFORNIA 94306

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CXApp Inc. [ CXAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$0.16	04/13/2026		A		187,500		(1)	04/13/2036	Class A Common Stock	187,500	$0	187,500	D
Stock Option (Right to Buy)	$0.16	04/13/2026		A		62,500		(2)	04/13/2036	Class A Common Stock	62,500	$0	62,500	D

Explanation of Responses:

1. On April 13, 2026, the Reporting Person was granted 187,500 stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the options vest as follows: 1/3rd on the first anniversary of the grant date and 1/24th of the remaining options in equal monthly installments over the next 24 months.

2. On April 13, 2026, the Reporting Person was granted 62,500 performance-based stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the performance-based options will vest based on the Company's stock price performance.

	/s/ Khurram P. Sheikh, as attorney-in-fact	04/14/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did CXApp Inc. (CXAI) report for CFO Joy Mbanugo?

CXApp Inc. reported that CFO Joy Mbanugo received two stock option grants as part of her annual compensation. One grant covers 187,500 options, and a second grant covers 62,500 performance-based options, both tied to Class A Common Stock.

How many stock options were granted to the CXAI CFO and on what date?

On April 13, 2026, CXApp’s CFO received 187,500 stock options plus 62,500 performance-based stock options. Both awards relate to Class A Common Stock and are described as part of her annual compensation package from the company.

What is the exercise price and expiration date of the CXAI CFO’s stock options?

Both CXApp stock option grants to the CFO carry a $0.16 exercise price per share and expire on April 13, 2036. These terms apply to the 187,500 standard options and the 62,500 performance-based options reported in the Form 4.

How do the 187,500 CXAI stock options granted to the CFO vest over time?

The 187,500 stock options vest one-third on the first anniversary of the April 13, 2026 grant date. The remaining two-thirds then vest in equal monthly installments over the following 24 months, creating a multi-year vesting schedule tied to continued employment.

What are the vesting conditions for the 62,500 performance-based CXAI stock options?

The 62,500 performance-based stock options vest based on CXApp’s stock price performance. Unlike time-based vesting, these options require the company’s share price to meet specified performance conditions before they become exercisable by the CFO.

Did the CXAI CFO buy or sell any shares in the market in this Form 4?

No market purchases or sales were reported. The Form 4 shows grants of stock options as compensation, coded as acquisitions (A) of derivative securities. These awards are not open-market trades and do not reflect buying or selling existing shares.