Sheikh Khurram P 4
4 · CXApp Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
CXApp (CXAI) CEO Sheikh Khurram P Receives Stock Option Awards
What Happened
- Sheikh Khurram P, CEO of CXApp Inc. (CXAI), was granted a total of 900,000 derivative awards on April 13, 2026: 675,000 stock options and 225,000 performance‑based stock options. The filing reports an acquisition price/exercise price of $0.00 and total reported value of $0 for these grants (they are awards, not open‑market purchases or sales).
Key Details
- Transaction date: April 13, 2026; Form 4 filed April 14, 2026 (appears timely).
- Grants reported as Code A (award/grant); transaction type = derivative.
- 675,000 options: time‑based vesting — 1/3 vests on the first anniversary, then 1/24th of the remainder vests monthly over the next 24 months. (Footnote F1)
- 225,000 options: performance‑based vesting tied to the company’s stock price performance. (Footnote F2)
- Shares owned after the transaction: not specified in the information provided in the filing.
- No indication these options were exercised, sold, or subject to tax withholding at grant.
Context
- These are compensation grants (non‑cash awards) to the CEO that vest over time or upon performance goals; they do not represent an immediate purchase or sale of underlying shares. Such grants are common for executive compensation and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
Form 4
CXApp Inc.CXAI
Sheikh Khurram P
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
[F1]2026-04-13+675,000→ 675,000 totalExercise: $0.16Exp: 2036-04-13→ Class A Common Stock (675,000 underlying) - Award
Stock Option (Right to Buy)
[F2]2026-04-13+225,000→ 225,000 totalExercise: $0.16Exp: 2036-04-13→ Class A Common Stock (225,000 underlying)
Footnotes (2)
- [F1]On April 13, 2026, the Reporting Person was granted 675,000 stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the options vest as follows: 1/3rd on the first anniversary of the grant date and 1/24th of the remaining options in equal monthly installments over the next 24 months.
- [F2]On April 13, 2026, the Reporting Person was granted 225,000 performance-based stock options as part of the annual compensation package for serving as an employee of the Company. The shares subject to the performance-based options will vest based on the Company's stock price performance.
Signature
/s/ Khurram P. Sheikh|2026-04-14