Jennifer Hunter, Chief Operating Officer of Agility Robotics, Inc. (NASDAQ:AGLT), filed a statement of changes in beneficial ownership on November 6, 2026, reporting the acquisition of a stock option covering 3,220,699 shares of common stock in connection with the company's business combination.

Key Highlights

  • Reporting person: Jennifer Hunter, identified as Chief Operating Officer of Agility Robotics, Inc.
  • Transaction date: November 4, 2026, with the filing submitted on November 6, 2026.
  • Derivative security acquired: A stock option to purchase 3,220,699 shares of Common Stock, with an exercise price of $2.86.
  • Vesting schedule: 25% of the underlying shares vest on December 2, 2025, with the remainder vesting in 36 substantially equal monthly installments thereafter.
  • Option expiration: November 9, 2035, according to the filing.
  • Source of securities: Options were converted from Legacy Agility stock options under the terms of a merger agreement dated June 24, 2026.
  • Ownership form: The option is held directly, with 3,220,699 derivative securities beneficially owned following the reported transaction.

Stock Options Issued to COO Following Agility Robotics Business Combination

According to the filing, Jennifer Hunter received the stock option as a result of Agility Robotics, Inc.'s business combination involving the issuer, formerly known as Churchill Capital Corp XI, BLB Merger Sub, Inc., and Legacy Agility Robotics, Inc. The transaction was governed by an Agreement and Plan of Merger and Reorganization dated June 24, 2026. Under the terms of that agreement, common stock of Legacy Agility automatically converted into newly issued shares of Common Stock of the issuer, and each Legacy Agility stock option was automatically converted into the right to receive stock options of the issuer.

The filing discloses that the stock option carries an exercise price of $2.86 per share and covers 3,220,699 shares of Common Stock. The option is classified as a derivative security acquired with transaction code "A," indicating acquisition, on November 4, 2026. Agility Robotics develops bipedal robots and related automation technology, and the merger with Churchill Capital Corp XI represented the company's path to becoming a publicly listed entity on NASDAQ under the ticker symbol AGLT. The filing was signed by Chris Porcelli as attorney-in-fact on November 6, 2026.

The filing notes that the vesting schedule calls for 25% of the underlying shares to vest on December 2, 2025, with the balance vesting in 36 substantially equal monthly installments after that date. Following the reported transaction, Hunter is listed as directly and beneficially owning 3,220,699 derivative securities. No non-derivative securities were reported in Table I of the filing.

What Was Disclosed

The filing reports that Chief Operating Officer Jennifer Hunter acquired a stock option covering 3,220,699 shares of Agility Robotics common stock at an exercise price of $2.86, converted from a Legacy Agility option under the June 24, 2026 merger agreement, with an expiration date of November 9, 2035.