Michael Klein reports stock transactions at CCXI
By AlphaYouPublished Form 4
Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc.
Reporting filer
Michael Stuart Klein reports stock transactions, not an open-market purchase or sale, in Churchill Capital Corp XI. Form 4 filed Nov 5, 2026 lists 3 entries.
- Disclosed
- Nov 5, 2026
Reported details
3 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc. | 2026-11-02 | C | Conversion | 14525000 | Not stated (see footnotes) | 14,525,000 | 3 days | Filed terms
|
| Class B ordinary shares (derivative) | Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc. | 2026-11-02 | C | Conversion | 13800000 | Not stated (see footnotes) | 0 | 3 days | Filed terms
|
| Warrant (Right to Buy) (derivative) | Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc. | 2026-11-02 | J | Other (see filing) | 72500 | Not stated (see footnotes) | 72,500 | 3 days | Filed terms
|
Common Stock
- Owner
- Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc.
- Date
- 2026-11-02
- Code
- C
- Action
- Conversion
- Quantity
- 14525000
- Price
- Not stated (see footnotes)
- Following holdings
- 14,525,000
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-11-02
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: C
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 14525000
- id: F1
- id: F2
- id: F3
- id: F1
- id: F2
- id: F3
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 14525000
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F5
Class B ordinary shares (derivative)
- Owner
- Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc.
- Date
- 2026-11-02
- Code
- C
- Action
- Conversion
- Quantity
- 13800000
- Price
- Not stated (see footnotes)
- Following holdings
- 0
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Class B ordinary shares
- id: F1
- id: F2
- transaction Date: 2026-11-02
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: C
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 13800000
- id: F1
- id: F2
- transaction Acquired Disposed Code: D
- id: F1
- id: F2
- id: F1
- id: F2
- underlying Security Title: Common Stock
- underlying Security Shares: 13800000
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F5
Warrant (Right to Buy) (derivative)
- Owner
- Klein Michael Stuart; CHURCHILL SPONSOR XI LLC; M. Klein Associates, Inc.
- Date
- 2026-11-02
- Code
- J
- Action
- Other (see filing)
- Quantity
- 72500
- Price
- Not stated (see footnotes)
- Following holdings
- 72,500
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Warrant (Right to Buy)
- conversion Or Exercise Price: 11.5
- transaction Date: 2026-11-02
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 72500
- id: F3
- transaction Acquired Disposed Code: A
- exercise Date: 2026-12-04
- id: F4
- underlying Security Title: Common Stock
- underlying Security Shares: 72500
- shares Owned Following Transaction: 72500
- id: F3
- direct Or Indirect Ownership: I
- nature Of Ownership: See footnote
- id: F5
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Klein Michael Stuart: See Remarks, Director, 10% owner.
- CHURCHILL SPONSOR XI LLC: 10% owner.
- M. Klein Associates, Inc.: 10% owner.
- F1: In connection with the transactions consummated on November 4, 2026 pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of June 24, 2026 (the "Merger Agreement"), by and among Agility Robotics, Inc. (the "Issuer") (f/k/a Churchill Capital Corp XI ("CCXI")), BLB Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Issuer ("Merger Sub"), and Agility Robotics, Inc., a Delaware corporation ("Legacy Agility"). Pursuant to the Merger Agreement, and on the terms and subject to the satisfaction or waiver of the conditions set forth therein, following the Domestication (as defined below), Merger Sub merged with and into Legacy Agility, with Legacy Agility continuing as the surviving entity and a wholly-owned subsidiary of the Issuer (the "Merger").
- F2: The Issuer effected a deregistration under Article 41 of CCXI's amended and restated memorandum and articles of association and Part 12 of the Companies Act (As Revised) of the Cayman Islands and a domestication under Section 388 of the Delaware General Corporation Law, pursuant to which CCXI's jurisdiction of incorporation changed from the Cayman Islands to the State of Delaware (the "Domestication"). Immediately prior to the Domestication, each of the 13,800,000 Class B ordinary shares of CCXI held by Churchill Sponsor XI LLC (the "Sponsor") automatically converted into a Class A ordinary share of CCXI (the "Class A Ordinary Share") on a one-for-one basis, and effective upon the Domestication, each Class A Ordinary Share converted into common stock, par value $0.0001 per share ("Common Stock"), of the Issuer on a one-for-one basis.
- F3: Effective upon the Domestication, (i) each of the 725,000 private placement units held by the Sponsor (including 225,000 units issued upon settlement of Sponsor's working capital loans) separated into one share per unit and one-tenth of one whole warrant of CCXI per unit, each whole warrant exercisable for one Class A Ordinary Share, (ii) each share converted into one share of Common Stock of the Issuer on a one-to-one basis, and (iii) each warrant automatically converted into a warrant to acquire Common Stock of the Issuer.
- F4: The warrants become exercisable 30 days after the completion of the Merger and do not expire except upon liquidation.
- F5: The reported shares and warrants of the Issuer are directly held by the Sponsor. Michael Klein is the controlling stockholder of M. Klein Associates, Inc., which is the managing member of the Sponsor. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of any securities reported herein. The Reporting Persons disclaim beneficial ownership of any securities of the Issuer except to the extent of such Reporting Person's pecuniary interest therein.
Original sources
Prepared automatically from public filing data. Report a correction.