Paul Lipman - 13 Feb 2026 Form 4 Insider Report for Churchill Capital Corp X/Cayman (CCCX)

Role
Chief Revenue Officer
Signature
/s/ Jason D. Hall, Attorney-in-Fact
Issuer symbol
CCCX
Transactions as of
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
18 Feb 2026, 08:48:59 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lipman Paul Chief Revenue Officer C/O INFLEQTION, INC., 1315 WEST CENTURY DRIVE, SUITE 150, LOUISVILLE /s/ Jason D. Hall, Attorney-in-Fact 18 Feb 2026 0002108524

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CCCX Stock Option (Right to Buy) Award +555,844 555,844 13 Feb 2026 Common Stock 555,844 $0.2600 Direct F1, F2, F3
transaction CCCX Stock Option (Right to Buy) Award +486,364 486,364 13 Feb 2026 Common Stock 486,364 $0.2600 Direct F1, F2, F3
transaction CCCX Stock Option (Right to Buy) Award +14,767 14,767 13 Feb 2026 Common Stock 14,767 $0.9000 Direct F1, F2, F3
transaction CCCX Stock Option (Right to Buy) Award $0 +115,597 $0.000000 115,597 13 Feb 2026 Common Stock 115,597 $13.22 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 conditions.
F4 1/48th of the shares underlying the option vest in equal monthly installments commencing on February 17, 2026, subject to the Reporting Person's continued service through each vesting date.