Corvex director converts preferred into common stock

Corvex, Inc. director Emily Fairbairn reported an automatic conversion of preferred stock into common shares held through affiliated entities.

Rhea-AI Filing Summary

Corvex, Inc. director Emily Fairbairn reported an automatic conversion of preferred stock into common shares held through affiliated entities. On July 7, 2026, 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock converted into 1,205,282 common shares at a 1-to-1,000 ratio.

The converted shares, together with existing holdings, are owned indirectly through Moira Partners, a charitable remainder unitrust, and Valley High Limited Partnership, plus 228,577 shares held directly. Fairbairn has voting and investment power over these entities but disclaims beneficial ownership beyond her pecuniary interest.

Insider Trade Summary

1,205.2825 shares exercised/converted

Exercise 5 txns

Insider FAIRBAIRN EMILY

Role Director

Type	Security	Shares	Price	Value
Conversion	Series C Preferred Stock	1,205.2825	$0.00	$0.00
Conversion	Common Stock	1,205,282	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Series C Preferred Stock — 0 contracts (Indirect, See footnote); Common Stock — 1,264,425 shares (Indirect, See footnote); Common Stock — 228,577 shares (Direct)

Footnotes (7)

1. F1. Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash).
2. F2. The securities are held by the Moira Partners, LLC. Emily Fairbairn is the Managing Member of Moira Partners and has voting and investment power over the securities held by Moira Partners. Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners, except to the extent of her pecuniary interest therein.
3. F3. Includes unvested shares of restricted stock.
4. F4. The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein.
5. F5. The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High.
6. F6. The Series C Preferred Stock automatically converted into shares of common stock on July 7, 2026 at a conversion ratio of 1 to 1000 shares of common stock.
7. F7. The preferred stock is perpetual and therefore has no expiration date

Key Figures

Series C preferred converted: 1,205.2825 shares Common shares from conversion: 1,205,282 shares Indirect common shares after conversion: 1,214,513 shares +3 more

6 metrics

Series C preferred converted 1,205.2825 shares Automatic conversion on July 7, 2026

Common shares from conversion 1,205,282 shares Underlying common stock at 1:1,000 ratio

Indirect common shares after conversion 1,214,513 shares Indirect ownership position following transaction

Direct common shares held 228,577 shares Direct ownership as of July 7, 2026

Indirect charitable trust holding 4,783 shares Indirect common stock holding classified as I

Indirect partnership holding 45,129 shares Indirect common stock holding via limited partnership

Key Terms

Series C Non-Voting Convertible Preferred Stock, conversion ratio, Charitable Remainder Unitrust, perpetual, +1 more

5 terms

Series C Non-Voting Convertible Preferred Stock financial

"Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock"

conversion ratio financial

"into shares of common stock at a conversion ratio of 1 to 1,000 shares"

The conversion ratio is the number of common shares an investor receives when a convertible security (like a bond or preferred share) or an exchangeable instrument is turned into ordinary stock. It matters because it tells investors how much ownership or dilution will occur — similar to knowing how many slices you get when you trade in a coupon — and directly affects the value you get from the convertible and the company’s future share count.

Charitable Remainder Unitrust financial

"The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust"

perpetual financial

"The preferred stock is perpetual and therefore has no expiration date"

Perpetual describes a financial instrument or obligation that has no fixed end date and can continue indefinitely unless the issuer chooses to end it. For investors, that means there is no scheduled return of principal, so value depends on ongoing payments, issuer stability and market interest rates—similar to receiving rent from a property with no set sale date. Perpetual instruments often pay higher yields to compensate for that open-ended risk.

disclaims beneficial ownership financial

"Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners"

FAQ

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

What insider transaction did Corvex (MOVE) report for Emily Fairbairn?

Corvex reported that director Emily Fairbairn oversaw an automatic conversion of Series C Non-Voting Convertible Preferred Stock into common shares on July 7, 2026. The conversion increased indirect common stock holdings through affiliated entities rather than reflecting an open-market purchase or sale.

How many Corvex (MOVE) preferred shares were converted and into how many common shares?

A total of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock automatically converted into 1,205,282 shares of Corvex common stock. The conversion used a 1-to-1,000 share ratio, with fractional shares settled in cash, as described in the filing footnotes.

How are Emily Fairbairn's Corvex (MOVE) holdings structured after the conversion?

Following the conversion, Corvex common shares are held both directly and indirectly. The filing shows 228,577 common shares held directly, alongside several indirect positions in entities such as Moira Partners, a charitable remainder unitrust, and Valley High Limited Partnership, each with separate share totals.

Did Emily Fairbairn buy or sell Corvex (MOVE) shares in the market?

The filing shows no open-market purchases or sales of Corvex common stock. Instead, it records a conversion of Series C preferred stock into common shares and updates to direct and indirect holdings, without any reported buy or sell transaction codes such as P or S.

Which entities hold Corvex (MOVE) shares associated with Emily Fairbairn?

Corvex shares are held indirectly by Moira Partners, LLC, the Fairbairn Charitable Remainder Unitrust, and Valley High Limited Partnership. Emily Fairbairn has voting and investment power over these entities but disclaims beneficial ownership except to the extent of her and her spouse's pecuniary interest.

What does the Form 4 say about the Corvex Series C preferred stock terms?

The Form 4 describes Series C Non-Voting Convertible Preferred Stock with a 1-to-1,000 conversion ratio into common shares. The preferred stock is perpetual, meaning it has no expiration date, and the July 7, 2026 conversion was automatic under those terms according to the disclosed footnotes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/08/2026 - 06:30 PM Learn about SEC filing dates

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^*

FAIRBAIRN EMILY

(Last) (First) (Middle)

C/O CORVEX, INC.

3401 NORTH FAIRFAX DRIVE, SUITE 3230

(Street)

ARLINGTON VIRGINIA 22226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Corvex, Inc. [ MOVE ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

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
Common Stock	07/07/2026		C		1,205,282(1)	A	$0	1,214,513	I	See footnote(2)
Common Stock								228,577(3)	D
Common Stock								45,129	I	See footnote(4)
Common Stock								4,783	I	See footnote(5)

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
Series C Preferred Stock	$0(6)	07/07/2026		C			1,205.2825	07/07/2026	(7)	Common Stock	1,205,282	$0(1)	0	I	See footnote(2)

Explanation of Responses:

1. Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash).

2. The securities are held by the Moira Partners, LLC. Emily Fairbairn is the Managing Member of Moira Partners and has voting and investment power over the securities held by Moira Partners. Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners, except to the extent of her pecuniary interest therein.

3. Includes unvested shares of restricted stock.

4. The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein.

5. The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High.

6. The Series C Preferred Stock automatically converted into shares of common stock on July 7, 2026 at a conversion ratio of 1 to 1000 shares of common stock.

7. The preferred stock is perpetual and therefore has no expiration date

	/s/ Emily Fairbairn by Mark R. Busch, attorney-in-fact	07/08/2026
	** 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)