SEC Form 4 · accession 0001193125-26-298814
Corvex, Inc. · MOVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth Demsey
Officer — Co-Chief Executive Officer · Director
Period of report
Jul 7, 2026
Accepted (ET)
Jul 8, 2026 · 6:31 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001734750
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 7, 2026 | C | 5,484,388 | $0.00 | A | 8,563,155 | D | |
| Common StockF3 | Jul 7, 2026 | C | 31,270 | $0.00 | A | 31,409 | I | See footnote (3) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF1,F4,F5 | $0.00 | Jul 7, 2026 | C | 5,484 | D | Jul 7, 2026 | — | Common Stock | 5,484,388 | 0 | D |
| Series C Preferred StockF3,F4,F5 | $0.00 | Jul 7, 2026 | C | 31 | D | Jul 7, 2026 | — | Common Stock | 31,270 | 0 | I |
Explanation of responses
- F1Based on automatic conversion of 5,484.3883 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash).
- F2Includes unvested restricted stock units.
- F3Based on automatic conversion of 31.2700 shares of Series C Preferred Stock into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash). The securities are held by Ainsworth Holdings, LLC ("Ainsworth"). The Reporting Person is the managing member of Ainsworth and has sole voting and dispositive power over the common stock held by Ainsworth. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- F4The Series C Preferred Stock automatically converted into shares of common stock on July 7, 2026 at a conversion ratio of 1 to 1000 shares of common stock.
- F5The preferred stock is perpetual and therefore has no expiration date