FAIRBAIRN EMILY 4

What Happened
Emily Fairbairn, a director of Corvex, Inc. (MOVE), was granted 135,800 time‑based restricted stock units (RSUs) on July 1, 2026 (reported at $0). On the same date she also exchanged 858.5403 shares of Series C Preferred Stock for 858.5403 shares of Series D Preferred Stock on a one‑for‑one basis; the filing records a disposition of the Series C shares and an acquisition of the Series D shares (both reported at $0). No cash was reported in connection with these transactions.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely).
• RSU grant: 135,800 shares, reported price $0; these are time‑based RSUs vesting in three equal annual installments from the grant date (F1).
• Preferred exchange: 858.5403 Series C preferred disposed and 858.5403 Series D preferred acquired, reported at $0 (F4).
• Conversion notes: Series C converts to common at 1:1000 on July 7, 2026 (F3). Series D converts at 1:1000 upon delivery of a conversion notice by the holder (F7). Preferred shares are perpetual (no expiration) (F5).
• Stock dividend: reported amounts reflect a March 30, 2026 stock dividend that converted each share into 1.358 shares (distributed ~April 6, 2026) (F2).
• Holdings: the securities are held by Moira Partners, LLC; Ms. Fairbairn is the managing member and disclaims beneficial ownership of Moira’s holdings except for her pecuniary interest (F6).
• Shares owned after the reported transactions are not specified in the provided filing.

Context
The RSU grant is a compensation award (not an open‑market purchase), typically a retention/compensation action rather than an immediate bullish purchase. The preferred‑share exchange is a reclassification between preferred series; both series have conversion mechanics that could convert into common shares at a 1:1000 ratio under the conditions noted in the footnotes. This Form 4 reports awards and a securities exchange with no cash consideration disclosed.