CXApp (CXAI) CEO receives 900,000 new stock options in 2026 grant
Rhea-AI Filing Summary
CXApp Inc. reported that Chief Executive Officer Sheikh Khurram P received new stock option awards as part of his annual compensation. On April 13, 2026, he was granted 675,000 stock options for Class A Common Stock at an exercise price of $0.16 per share, expiring on April 13, 2036. These options vest one-third on the first anniversary of the grant date, with the remaining two-thirds vesting in equal monthly installments over the following 24 months.
On the same date, he was also granted 225,000 performance-based stock options for Class A Common Stock at the same $0.16 exercise price and April 13, 2036 expiration. These performance-based options will vest based on the company’s stock price performance, tying a portion of his compensation to future market outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sheikh Khurram P
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 675,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 225,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 900,000 shares (Direct)
Footnotes (2)
- F1. On April 13, 2026, the Reporting Person was granted 675,000 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.
- F2. On April 13, 2026, the Reporting Person was granted 225,000 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 options granted: 675,000 options
Performance-based options granted: 225,000 options
Total options granted: 900,000 options
+3 more
6 metrics
Time-based options granted
675,000 options
Grant dated April 13, 2026
Performance-based options granted
225,000 options
Grant dated April 13, 2026
Total options granted
900,000 options
Combined time-based and performance-based
Exercise price
$0.16 per share
Both grants, Class A Common Stock
Option expiration
April 13, 2036
Both time-based and performance-based grants
Vesting schedule (time-based)
1/3 + 1/24 monthly over 24 months
For 675,000 options, after first anniversary
Key Terms
performance-based stock options, vest, stock price performance, Stock Option (Right to Buy, +1 more
5 terms
performance-based stock options financial
"the Reporting Person was granted 225,000 performance-based stock options as part of the annual compensation package"
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
"The shares subject to the performance-based options will vest based on the Company's stock price performance"
Stock Option (Right to Buy financial
"security_title": "Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price": "0.1600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CXApp Inc. (CXAI) report for its CEO?
CXApp Inc. reported that CEO Sheikh Khurram P received two stock option grants totaling 900,000 options on April 13, 2026. These awards form part of his annual employee compensation for serving as an executive of the company.
How many CXApp (CXAI) stock options were granted to the CEO and at what price?
The CEO received 675,000 time-based options and 225,000 performance-based options, totaling 900,000 options. All options relate to Class A Common Stock and carry an exercise price of $0.16 per share, expiring on April 13, 2036.
What is the vesting schedule for the 675,000 CXApp (CXAI) stock options?
The 675,000 stock options vest over three years. One-third vests on the first anniversary of the April 13, 2026 grant date, and 1/24 of the remaining options vests in equal monthly installments over the next 24 months, aligning with continued service.
How do the 225,000 performance-based CXApp (CXAI) options vest?
The 225,000 performance-based stock options vest based on CXApp’s stock price performance. Vesting depends on achieving specified market-related performance conditions, linking this portion of the CEO’s compensation directly to future share price outcomes.
What is the expiration date of the CXApp (CXAI) CEO’s new option grants?
Both the 675,000 time-based options and the 225,000 performance-based options granted to the CEO on April 13, 2026 share the same expiration date. Each option grant expires on April 13, 2036, giving a ten-year term.