Maverick funds trim Infleqtion (NASDAQ: INFQ) stake via LP distributions and sales
Rhea-AI Filing Summary
Infleqtion, Inc. reported insider activity involving Maverick-affiliated funds and entities. On May 27, 2026, they executed open-market sales totaling 3,071,623 shares of Common Stock at weighted average prices of $15.9754 and $15.2879 per share.
Footnotes explain that Maverick Advisors Fund, L.P. and Maverick Ventures Investment Fund, L.P. sold shares and distributed the proceeds to certain limited partners, and also made pro rata share distributions for no consideration. Additional shares were received for no consideration in these pro rata distributions. The reporting owners, including Maverick Capital, Ltd., Maverick Capital Management, LLC and Lee S. Ainslie, disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 460,072 | $0.00 | -- |
| Sale | Common Stock | 758,561 | $15.2879 | $11.60M |
| Sale | Common Stock | 332,639 | $15.9754 | $5.31M |
| Other | Common Stock | 508,549 | $0.00 | -- |
| Sale | Common Stock | 1,376,716 | $15.2879 | $21.05M |
| Sale | Common Stock | 603,707 | $15.9754 | $9.64M |
| Other | Common Stock | 349,693 | $0.00 | -- |
| Other | Common Stock | 328,199 | $0.00 | -- |
Footnotes (1)
- Maverick Advisors Fund, L.P. ("Maverick Advisors Fund") distributed these shares to its limited partners pro rata for no consideration (the "MAF Distribution"). These shares were sold by Maverick Advisors Fund as part of the MAF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Advisors Fund. Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund") distributed these shares to its limited partners pro rata for no consideration (the "MVIF Distribution"). These shares were sold Maverick Ventures Fund as part of the MVIF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Ventures Fund. Received for no consideration in the pro rata distributions effected by Maverick Advisors Fund and Maverick Ventures Fund. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.67 to $15.66 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. Maverick Capital, Ltd. ("Maverick") is a registered investment advisor under the Investment Advisers Act of 1940, as amended. Maverick Capital Management, LLC ("Maverick Capital Management") serves as the general partner to Maverick, and Lee S. Ainslie is the manager of Maverick. MCV Management Company, LLC ("MCV") is the investment manager, and Maverick Capital Ventures, LLC ("Maverick Ventures") is the general partner, of Maverick Advisors Fund and Maverick Ventures Fund. Maverick is the controlling member of MCV, and Mr. Ainslie and David B. Singer are the managing partners of Maverick Ventures and MCV. Maverick Capital Management is the general partner and the controlling member of Maverick Ventures. Mr. Singer serves on the board of directors of the Issuer. Each reporting owner disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. Held directly by Maverick Advisors Fund. Held directly by Maverick Ventures Fund. Held directly by Maverick Ventures. Held directly by family estate planning entities controlled by Mr. Ainslie. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.67 to $16.38 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range.