CXApp (CXAI) CEO Khurram Sheikh receives 794,393 RSUs, holds 3.5M shares
Rhea-AI Filing Summary
Sheikh Khurram P reported acquisition or exercise transactions in this Form 4 filing.
CXApp Inc. director and Chief Executive Officer Khurram Sheikh received a compensation-related equity grant. On June 18, 2026, he was granted 794,393 Restricted Stock Units (RSUs), each representing a contingent right to one share of Class A common stock, at no cash cost per unit.
The RSUs vest in full on the first anniversary of the grant date, provided he continues serving as a director through that date. Following this award, Sheikh directly holds 3,510,828 Class A shares. An additional 453,530 Class A shares are held indirectly by JKSFS Crut, a trust for which he is trustee, and he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 794,393 shares
Net Buy
2 txns
Insider
Sheikh Khurram P
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 794,393 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,510,828 shares (Direct);
Class A Common Stock — 453,530 shares (Indirect, See Footnote)
Footnotes (2)
- F1. On June 18, 2026, the Reporting Person was granted 794,393 Restricted Stock Units ("RSUs") as part of the annual compensation package for serving as a director of the Company. Each RSU represents a contingent right to receive one share of Class A common stock of CXApp Inc. The RSUs will vest in full on the first anniversary of the grant date, provided that the Reporting Person continues to serve as a director of the Company through such date.
- F2. Reflects securities held directly by JKSFS Crut, for which Mr. Sheikh is the trustee. Mr. Sheikh disclaims beneficial ownership of any such securities except to the extent of his pecuniary interest therein.
Key Figures
RSUs granted: 794,393 RSUs
RSU grant price: $0.00 per share
Direct holdings after grant: 3,510,828 shares
+2 more
5 metrics
RSUs granted
794,393 RSUs
Annual compensation grant on June 18, 2026
RSU grant price
$0.00 per share
Reported transaction price per RSU
Direct holdings after grant
3,510,828 shares
Class A Common Stock held directly after transactions
Indirect trust holdings
453,530 shares
Class A Common Stock held by JKSFS Crut trust
RSU vesting schedule
1-year cliff vest
Vests in full on first anniversary of June 18, 2026
Key Terms
Restricted Stock Units ("RSUs"), contingent right, trustee, pecuniary interest
4 terms
Restricted Stock Units ("RSUs") financial
"On June 18, 2026, the Reporting Person was granted 794,393 Restricted Stock Units ("RSUs") as part of the annual compensation package"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A common stock"
trustee financial
"Reflects securities held directly by JKSFS Crut, for which Mr. Sheikh is the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
pecuniary interest financial
"Mr. Sheikh disclaims beneficial ownership of any such securities except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did CXApp (CXAI) CEO Khurram Sheikh receive?
Khurram Sheikh received a grant of 794,393 Restricted Stock Units (RSUs) on June 18, 2026 as part of his annual compensation for serving as a director. Each RSU represents a contingent right to receive one share of CXApp Class A common stock.
When do the new RSUs for CXApp (CXAI) CEO Khurram Sheikh vest?
The 794,393 RSUs granted to Khurram Sheikh vest in full on the first anniversary of the June 18, 2026 grant date, provided he continues to serve as a director of CXApp Inc. through that vesting date.
Is the CXApp (CXAI) RSU grant to Khurram Sheikh an open-market purchase?
No, the 794,393 RSU award is a compensation grant, not an open-market purchase. It was issued at a reported price per share of $0.00 as part of his annual compensation package for serving as a director.
What does Khurram Sheikh’s indirect CXApp (CXAI) ownership represent?
The Form 4 shows 453,530 CXApp shares held indirectly by JKSFS Crut, for which Khurram Sheikh is trustee. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the trust holdings.