Infleqtion, Inc.·4/A

May 29, 9:36 PM ET

MAVERICK CAPITAL LTD 4/A

Research Summary

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Updated

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.