Meyerriecks Dawn Clawson 4
4 · Churchill Capital Corp X/Cayman · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Infleqtion (INFQ) Director Dawn Meyerriecks Receives Award
What Happened
Dawn Meyerriecks, a director of Infleqtion, Inc. (ticker INFQ), was awarded 347,403 derivative shares (an acquisition coded "A") on 2026-02-13. The award was received pursuant to the merger agreement that closed between the SPAC and ColdQuanta; no purchase price is reported. This was an award/merger-related issuance (an acquisition), not an open-market buy or sale.
Key Details
- Transaction date: 2026-02-13; Form 4 filed: 2026-02-18. The filing occurred five calendar days after the transaction (filed after the typical 2-business-day Form 4 window).
- Amount: 347,403 derivative securities; price per share: N/A (no cash purchase reported).
- Vesting: Fully vested per the filing (Footnote F2).
- Source/Reason: Received pursuant to the Agreement and Plan of Merger among Churchill Capital Corp X (now Infleqtion) and ColdQuanta (Footnote F1).
- Relation to legacy awards: Footnote F3 indicates legacy ColdQuanta stock options were converted into rights to receive Issuer stock options with the same terms.
- Shares owned after transaction: Not disclosed in the filing.
Context
This was a merger-related equity award/derivative issuance rather than a purchase or sale; such awards often reflect deal consideration or conversion of legacy company awards. Because it’s fully vested and tied to the corporate transaction, it shouldn’t be interpreted as an independent buy or sell signal by the insider.
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F1][F3][F2]2026-02-13+347,403→ 347,403 totalExercise: $0.67Exp: 2032-08-25→ Common Stock (347,403 underlying)
Footnotes (3)
- [F1]Received pursuant to the Agreement and Plan of Merger and Reorganization, dated as of September 8, 2025, by and among Churchill Capital Corp X, a Delaware corporation now known as Infleqtion, Inc. ("Acquiror"), AH Merger Sub I, Inc., a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub I"), AH Merger Sub II, LLC, a direct, wholly-owned Subsidiary of Acquiror ("Merger Sub II" and together with Merger Sub I, "Merger Subs") and ColdQuanta, Inc. (the "Company") pursuant to which (a) Merger Sub I was merged with and into the Company, and the Company continued as the surviving corporation and immediately thereafter, (b) the Company merged with and into Merger Sub II, and Merger Sub II became the surviving company and continued in existence as a wholly-owned subsidiary of Acquiror (collectively, the "Mergers"). In connection with the Mergers, Acquiror changed its name to Infleqtion, Inc. (the "Issuer").
- [F2]Fully vested.
- [F3]Pursuant to the Mergers, the legacy stock options of the Company were automatically converted into the right to receive stock options of the Issuer with the same terms and condition.