Hart Ilan 4
Research Summary
AI-generated summary
Infleqtion (INFQ) CFO Hart Ilan Receives RSU Award 338,983
What Happened
Hart Ilan, Chief Financial Officer of Infleqtion, was granted 338,983 restricted stock units (RSUs) on May 1, 2026. The award was reported on a Form 4 filed May 5, 2026. The RSUs were granted at $0.00 (no cash paid); each RSU is a contingent right to receive one share of Infleqtion common stock when it vests.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026.
- Grant: 338,983 RSUs at $0.00 (no purchase price); reported value not specified on the filing.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: (F1) Vesting schedule — 1/4 of the RSUs vest on November 1, 2026, then the remainder vests in equal quarterly installments (3/48ths each quarter) thereafter, subject to continued service. (F2) Each RSU converts to one share of common stock upon vesting.
- No indication in the provided excerpt that the filing was late.
Context
RSUs are awards that convert to actual shares only as they vest, so this grant does not represent an immediate open‑market purchase or sale. Such grants are typical compensation for executives and reflect future potential dilution rather than an immediate change in insider ownership or a direct market signal.