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Sponsor for Apex Treasury (APXT) shifts 30,000 Class B shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Apex Treasury Sponsor LLC, a major shareholder and director affiliate of Apex Treasury Corp, reported an internal restructuring transaction involving 30,000 Class B Ordinary Shares. On March 13, 2026, the Sponsor transferred these shares to Stephen CuUnjieng at the same price it originally paid, $0.003 per share. After this transfer, the Sponsor held 11,120,000 Class B Ordinary Shares. These Class B shares are automatically convertible into Class A Ordinary Shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holder’s option. Co-Chief Executive Officers Hugh Cochrane and Ajmal Rahman are managing members of the Sponsor and may be deemed beneficial owners of the Sponsor’s holdings, but each disclaims beneficial ownership beyond any pecuniary interest.

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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*
Apex Treasury Sponsor LLC

(Last) (First) (Middle)
C/O APEX TREASURY CORPORATION
2035 REGATTA DRIVE

(Street)
VERO BEACH FL 32963

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Apex Treasury Corp [ APXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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
Class B Ordinary Shares (1) 03/13/2026 J(2) 30,000 (1) (1) Class A Ordinary Shares 30,000 $0 11,120,000 D(3)
1. Name and Address of Reporting Person*
Apex Treasury Sponsor LLC

(Last) (First) (Middle)
C/O APEX TREASURY CORPORATION
2035 REGATTA DRIVE

(Street)
VERO BEACH FL 32963

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Cochrane Hugh

(Last) (First) (Middle)
C/O APEX TREASURY CORPORATION
2035 REGATTA DRIVE

(Street)
VERO BEACH FL 32963

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chief Executive Officer
1. Name and Address of Reporting Person*
Rahman Ajmal

(Last) (First) (Middle)
C/O APEX TREASURY CORPORATION
2035 REGATTA DRIVE

(Street)
VERO BEACH FL 32963

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chief Executive Officer
Explanation of Responses:
1. The Class B Ordinary Shares are automatically convertible into the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-289485).
2. On March 13, 2026, Apex Treasury Sponsor LLC (the "Sponsor") transferred 30,000 Class B Ordinary Shares of the Issuer to Stephen CuUnjieng for the same per-share price it paid for such shares, or $0.003 per share.
3. The Sponsor is the record holder of the securities reported herein. Hugh Cochrane and Ajmal Rahman are the managing members of the Sponsor. Each of Messrs. Cochrane and Rahman has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, each of Messrs. Cochrane and Rahman may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly..
Remarks:
See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.
/s/ Jordan Leon, Attorney-in-Fact for Apex Treasury Sponsor LLC 03/16/2026
/s/ Jordan Leon, Attorney-in-Fact for Hugh Cochrane 03/16/2026
/s/ Jordan Leon, Attorney-in-Fact for Ajmal Rahman 03/16/2026
** 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.

FAQ

What insider transaction did Apex Treasury Sponsor LLC report for APXT?

Apex Treasury Sponsor LLC reported an internal restructuring transaction, transferring 30,000 Class B Ordinary Shares to Stephen CuUnjieng at $0.003 per share. The move reflects a repositioning of holdings rather than an open-market buy or sell.

How many Apex Treasury Class B shares were transferred and at what price?

The Sponsor transferred 30,000 Class B Ordinary Shares at $0.003 per share, matching its original purchase price. This suggests a nominal-value internal transfer rather than a market-priced trade, with limited direct pricing signal for public investors.

How many Apex Treasury Class B shares does the Sponsor hold after the transaction?

Following the transfer, Apex Treasury Sponsor LLC held 11,120,000 Class B Ordinary Shares. This indicates the 30,000-share movement is small relative to its overall position, implying a minor adjustment in the Sponsor’s total ownership stake.

Are Apex Treasury Class B Ordinary Shares convertible into Class A shares?

Yes. The Class B Ordinary Shares automatically convert into Class A Ordinary Shares on a one-for-one basis at the initial business combination, or earlier at the holder’s option. The shares have no expiration date and include anti-dilution adjustment rights.

What is the relationship of Hugh Cochrane and Ajmal Rahman to the transferred Apex Treasury shares?

Co-Chief Executive Officers Hugh Cochrane and Ajmal Rahman are managing members of Apex Treasury Sponsor LLC, which holds the reported shares. They may be deemed beneficial owners through the Sponsor but each disclaims ownership beyond any pecuniary interest.

Was the Apex Treasury insider transaction a market buy or sell of APXT stock?

No. The Form 4 describes an “other” transaction code J, representing an internal transfer of 30,000 Class B shares by the Sponsor. It was executed at the Sponsor’s original $0.003 per-share cost, not as an open-market purchase or sale.
Apex Treas Corp

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