Hall Jason Dean 4

What Happened Jason Dean Hall, Chief Legal Officer of Churchill Capital Corp X/Cayman (INFQ), was granted 262,722 shares reported as a derivative award on 2026-02-13. The award is recorded at $0.00 per share (no cash paid). The filing indicates these shares are subject to a time-based vesting schedule (see footnote).

Key Details

• Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-18. The Form 4 was filed five days after the transaction (Form 4s are generally due within two business days), so the filing appears late.
• Grant type/price: Reported as an "A" (award/acquisition, derivative) at $0.00 per share.
• Shares granted: 262,722. No immediate cash purchase or sale occurred.
• Shares owned after transaction: Not specified in the filing.
• Vesting (footnote): 1/4 of the shares underlying the award vests on November 10, 2026, then 1/48th of the total shares vests each month thereafter, subject to continued service.
• No indication in the filing that shares were immediately sold or that a 10b5-1 plan or tax-withholding was used.

Context This is a compensation-related award (derivative grant/RSU-style award) rather than an open-market purchase or sale. Such grants are typically intended for retention and align executive incentives with long-term shareholders; they do not by themselves signal a near-term change in insider sentiment. The late filing is a procedural point for investors to note, but it does not change the nature of the award.