Brous Tyler 4

What Happened

• Tyler Brous, identified as a 10% owner and manager of the LCP Quantum management entities, reported multiple dispositions totaling 30,528,914 Infleqtion (INFQ) shares. The dispositions occurred April 22–23, 2026, at $0.00 per share (no cash proceeds), reflecting distributions of fund-held shares to fund investors rather than open-market sales.

Key Details

• Transaction type: "Other acquisition or disposition" (code J) — listed as dispositions at $0.00 per share.
• Breakdown: 640,000 shares on 2026-04-22; on 2026-04-23 dispositions of 14,363,414; 3,097,848; 7,796,419; 1,814,502; and 2,816,731 shares (total 30,528,914).
• Report filed: 2026-04-24 (covers transactions dated 2026-04-22 and 2026-04-23) — filed within the typical Section 16 reporting window.
• Shares owned after transaction: The filing indicates the reporting persons are no longer deemed 10% owners (footnote F2) following pro rata distributions to investors; some shares were converted from indirect fund holdings to direct holdings by Mr. Brous (footnote F9).
• Notable footnotes: Funds managed by Tyler Brous (LCP Quantum Partners I–VI) held the shares and distributed them pro rata to investors (F1–F8). The $0.00 price reflects a distribution without consideration, not a market sale.

Context

• This was a fund distribution to investors, an administrative reallocation rather than a traditional insider sale for cash; such distributions don’t necessarily indicate personal trading intent or sentiment.
• Because the reporting persons ceased to be 10% owners after the distributions, future Section 16 reporting obligations for them with respect to INFQ may change.