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Infleqtion, Inc.·4

May 29, 8:56 PM ET

MAVERICK CAPITAL LTD 4

Research Summary

AI-generated summary

Updated

Infleqtion (INFQ) Director Maverick Capital Sells 1.80M Shares

What Happened
Maverick Capital Ltd. (reported as a director) disposed of a total of about 1,797,637 Infleqtion, Inc. (INFQ) shares in open-market sales on May 29, 2026, generating approximately $28.94 million in proceeds. In addition, the filing shows several transfers/distributions among Maverick-related funds and affiliates (coded as "other" transactions at $0.00), reflecting pro rata distributions of shares to limited partners and internal transfers between Maverick entities.

Key Details

  • Transaction date: 2026-05-29 (filed same day). Filing appears timely.
  • Open-market sales: ~1,797,637 shares sold for total proceeds ≈ $28,939,644. Reported per-share prices shown include $16.05, $16.85 and $17.91; the filing notes some reported prices are weighted averages across multiple trades with price ranges roughly $15.63–$16.62, $16.63–$17.41 and $17.63–$18.15.
  • Other transfers (code J): several acquisitions and dispositions at $0.00 totaling net movement among Maverick entities (distributions to limited partners and internal allocations).
  • Proceeds distribution: footnotes state certain shares were sold as part of fund distributions and sale proceeds were distributed to limited partners.
  • Shares owned after transaction: not specified in the provided filing details.
  • Notable footnotes: distributions by Maverick Advisors Fund and Maverick Ventures Fund to limited partners for no consideration; some holdings are directly held by Maverick Advisors Fund, Maverick Ventures, family estate entities, or Maverick Capital Advisors. Reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.

Context

  • These are institutional/fund-level transactions and pro rata distributions rather than a typical insider sell by an individual executive; such transfers often reflect fund reallocation or payout to partners rather than a direct signal of company-specific sentiment.
  • The filing shows sales (dispositions) rather than purchases; sales are common for funds managing distributions or liquidity events.