Director David B Singer sells 1,797,637 shares (83.7% of holdings) for $28.9M at blended avg $16.10 at unprofitable INFQ
David B Singer, a Director of Infleqtion, executed 6 separate sales totaling 1,797,637 shares for $28,939,644.02 on May 29, 2026, reducing his holdings from 2,147,752 shares to 350,115 shares. This represents a -83.7% reduction in his position at an average price of $16.10 per share. The magnitude of this divestiture is substantial relative to both the insider's prior stake and the company's financial position: the sale proceeds of $28.9M significantly exceed the most recent quarter's revenue of $9,461,000.00, while the company reported full-year net income of $-30,263,000.00, indicating ongoing unprofitability. The sale timing occurs when the stock is trading 23.8% below its 52-week high of $21.28, despite 30-day and 90-day momentum of +34.5% and +39.4% respectively, meaning Singer's liquidation occurred during a local price recovery but well below the stock's recent peak.