MAVERICK CAPITAL LTD 4/A
4/A · Infleqtion, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Infleqtion (INFQ) Director Maverick Capital Sells Shares
What Happened
- Maverick Capital Ltd (reported as a Director) sold a total of 3,071,623 Infleqtion (INFQ) shares on 2026-05-27 in multiple open-market transactions, generating approximately $47,602,404 in proceeds. The sales were reported on an amended Form 4 filed 2026-05-29.
- The sales include weighted-average prices of $15.29 and $15.98 per share (see Key Details for ranges). In addition, a series of zero-dollar "other acquisition/disposition (J)" entries reflect pro rata distributions and transfers among related funds/entities, not cash sales.
Key Details
- Transaction date: 2026-05-27; Form 4 filed (amended) on 2026-05-29.
- Shares sold (open market/private sale): 758,561 @ $15.29 ($11,596,805); 332,639 @ $15.98 ($5,314,041); 1,376,716 @ $15.29 ($21,047,097); 603,707 @ $15.98 ($9,644,461). Total sold = 3,071,623 shares, ~$47.6M.
- Other J-code transfers (zero consideration): disposals of 460,072 and 508,549 shares and acquisitions of 349,693 and 328,199 shares — these represent pro rata distributions/transfers among affiliated funds/partners (see footnotes).
- Price ranges: weighted-average prices reported; sales occurred in multiple trades at prices ranging approximately $14.67–$15.66 (for the $15.29 weighted avg) and $15.67–$16.38 (for the $15.98 weighted avg). The filing offers to provide the breakdown on request.
- Footnotes: transactions tied to distributions by Maverick Advisors Fund and Maverick Ventures Investment Fund (MAF and MVIF distributions); proceeds from certain sales were distributed to limited partners. Reporting persons disclaim beneficial ownership except to extent of pecuniary interest.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Timeliness: transaction date 5/27/2026 and amended filing 5/29/2026 — within the typical 2-business-day Form 4 window; filing is labeled AMENDED (correction or additional detail provided).
Context
- These entries reflect institutional/fund-level activity (distributions and subsequent sales by funds), not necessarily a personal sale by an individual insider; such fund distributions are common and do not by themselves signal management sentiment.
- The "J" code denotes other acquisition/disposition (transfers/distributions), while "S" denotes sale. The weighted-average pricing and multiple trades indicate the sales were executed over multiple transactions.
Insider Transaction Report
Form 4/AAmended
Infleqtion, Inc.INFQ
MAVERICK CAPITAL LTD
Director
Transactions
- Other
Common Stock
[F1][F7][F8][F9]2026-05-27−460,072→ 2,655,270 total(indirect: See Footnotes) - Sale
Common Stock
[F2][F6][F7][F8][F9]2026-05-27$15.29/sh−758,561$11,596,805→ 1,896,709 total(indirect: See Footnotes) - Sale
Common Stock
[F2][F13][F7][F8][F9]2026-05-27$15.98/sh−332,639$5,314,041→ 1,564,070 total(indirect: See Footnotes) - Other
Common Stock
[F3][F7][F8][F10]2026-05-27−508,549→ 4,410,403 total(indirect: See Footnotes) - Sale
Common Stock
[F4][F6][F7][F8][F10]2026-05-27$15.29/sh−1,376,716$21,047,097→ 3,033,687 total(indirect: See Footnotes) - Sale
Common Stock
[F4][F13][F7][F8][F10]2026-05-27$15.98/sh−603,707$9,644,461→ 2,429,980 total(indirect: See Footnotes) - Other
Common Stock
[F5][F7][F8][F11]2026-05-27+349,693→ 349,693 total(indirect: See Footnotes) - Other
Common Stock
[F5][F7][F8][F12]2026-05-27+328,199→ 328,199 total(indirect: See Footnotes)
Footnotes (13)
- [F1]Maverick Advisors Fund, L.P. ("Maverick Advisors Fund") distributed these shares to its limited partners pro rata for no consideration (the "MAF Distribution").
- [F10]Held directly by Maverick Ventures Fund.
- [F11]Held directly by Maverick Ventures.
- [F12]Held directly by family estate planning entities controlled by Mr. Ainslie.
- [F13]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.
- [F2]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.
- [F3]Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund") distributed these shares to its limited partners pro rata for no consideration (the "MVIF Distribution").
- [F4]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.
- [F5]Received for no consideration in the pro rata distributions effected by Maverick Advisors Fund and Maverick Ventures Fund.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]Held directly by Maverick Advisors Fund.