Churchill Capital Corp X/Cayman·4

Feb 18, 8:55 AM ET

Meyerriecks Dawn Clawson 4

Research Summary

AI-generated summary

Updated

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.