Agility Robotics, Inc. CEO and Director Margaret L. Johnson filed a Form 4 on November 6, 2026, disclosing the acquisition of 347,790 shares of Common Stock and 5,061,099 stock options on November 4, 2026, as a result of the company's business combination with the former Churchill Capital Corp XI.

Key Highlights

  • Reporting person: Margaret L. Johnson, serving as both Director and Chief Executive Officer of Agility Robotics, Inc. (NASDAQ:AGLT)
  • Common Stock acquired: 347,790 shares acquired on November 4, 2026, via transaction code A, held indirectly by trust
  • Stock options acquired: 5,061,099 stock options, with an exercise price of $0.56, acquired on November 4, 2026, held directly
  • Source of securities: Both the shares and options were received as part of the issuer's business combination under the Agreement and Plan of Merger and Reorganization dated June 24, 2026
  • Option vesting: 25% of the underlying shares vested on March 4, 2025, with the remainder vesting in 36 substantially equal monthly installments thereafter
  • Option expiration: The stock options are set to expire on March 20, 2034

Agility Robotics CEO Johnson Reports Merger-Related Securities Acquisition

According to the filing, Margaret L. Johnson, who serves as Chief Executive Officer and Director of Agility Robotics, Inc. (NASDAQ:AGLT), reported the acquisition of 347,790 shares of Common Stock and 5,061,099 stock options on November 4, 2026. Both acquisitions are attributed to the company's business combination involving the issuer, formerly known as Churchill Capital Corp XI, BLB Merger Sub, Inc., and Legacy Agility Robotics, Inc., under the Agreement and Plan of Merger and Reorganization dated as of June 24, 2026.

The filing states that the common stock of Legacy Agility "automatically converted into newly issued shares of Common Stock of the Issuer, pursuant to the terms of the Merger Agreement." The 347,790 shares are held indirectly by trust. The filing further discloses that "each Legacy Agility stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement." The 5,061,099 stock options carry an exercise price of $0.56 and are held directly by Johnson.

According to the filing, the stock option vested as to 25% of the underlying shares on March 4, 2025, and vests thereafter in 36 substantially equal monthly installments, with an expiration date of March 20, 2034. The form was signed by Chris Porcelli as Attorney-in-Fact and filed on November 6, 2026.

What Was Disclosed

The filing disclosed that CEO and Director Margaret L. Johnson received 347,790 shares of Common Stock (held indirectly by trust) and 5,061,099 stock options (held directly, exercise price $0.56) in connection with Agility Robotics' business combination, as reported in a Form 4 filed November 6, 2026.