Maverick dumps $186M of quantum stock — and 8 GEHC insiders buy in 30 days

The first post-Memorial Day filing queue landed May 26–27, covering trades from May 21 onward. The dollar leader was clean: Maverick Capital sold $186M of quantum computing firm Infleqtion (INFQ) — more than double the value of every other disclosed move in this window combined. On the buy side, eight insiders at GE HealthCare (GEHC) have now quietly accumulated shares over 30 days, and the Celsius Holdings (CELH) CEO just ended a 1,805-day net-selling streak.

Lee Ainslie's Dallas-based hedge fund Maverick Capital sold 11,907,630 shares of Infleqtion (INFQ) at $15.62 per share on May 21, realizing $186.01M and cutting its position by 59.71% — from roughly 19.9 million shares to approximately 8.0 million 1.

This was Maverick's first and only disclosed Form 4 transaction in INFQ, meaning the fund had no prior public Form 4 history in this name to compare against 2. INFQ — Infleqtion, Inc. — is a Delaware-incorporated quantum computing firm (SIC 7374, computer processing and data services) listed under SEC File No. 001-42646.

The timing is notable: INFQ rose approximately +27.65% in the week surrounding the sale. Whether the trade hit near the short-term top or preceded a further move remains open, but Maverick appears to have captured a substantial portion of the rally before pulling back.

Maverick Capital manages equity strategies out of Dallas and is known for long-short fundamental investing. A single-transaction reduction of 59.71% from a fund that had no prior Form 4 history in INFQ is consistent with a position wind-down rather than routine rebalancing — though without Maverick's private 13F data on full portfolio weight, the strategic rationale remains unconfirmed.

Life Time Group (LTH) director John Kristofer Galashan sold 3,006,100 shares at $32.51, collecting $97.73M and reducing his stake by 18.51% 2. The backdrop: LTH had risen approximately +21.86% over the prior 30 days. Galashan's sale was the largest single transaction, but it wasn't isolated — nine insiders at the company completed 17 separate sales within the same 30-day window. Cluster selling into a sharp rally, with the director-level lead transaction approaching $100M, fits the pattern of insiders harvesting gains after a momentum run.

GE HealthCare Technologies (GEHC — the diagnostic imaging and patient monitoring spinoff from GE, listed since January 2023) produced the strongest conviction cluster signal in this batch. Director Kevin Lobo purchased 10,000 shares at $64.18 on May 26, adding $641.80K and expanding his position by +229.20% — his largest-ever Form 4 purchase across two filings 2. Eight distinct insiders at GEHC have now bought shares across eight separate transactions in the past 30 days.

Cluster buys of this breadth — eight separate insiders, eight separate transactions, across a 30-day window — are statistically uncommon. Each individual transaction is modest in absolute dollar terms, but the coordination signal (no single large bet; consistent accumulation across the org) is the type of pattern that insider-tracking data services tend to flag as elevated-conviction. No publicly available rationale or analyst commentary explains the buying in available filings.

The Celsius Holdings (CELH) CEO bought 8,475 shares at $29.36 on May 26, spending $248.83K — the first open-market purchase in his Form 4 history, which spans 13 prior net-selling transactions over a 1,805-day period 2. CELH has declined approximately -45.18% over the past three months. A deep drawdown plus a behavioral reversal — after nearly five years of net selling — is a combination that shows up in insider databases more often before floor recoveries than before further declines, though the dollar amount here ($248.83K, a +0.91% position increase) is small enough that the move reflects a signal, not a large capital commitment.

Corning (GLW) SVP and Chief Technology Officer sold 27,395 shares at $192.14 on May 26 for $5.26M, reducing the position by 22.02% in what was the individual's largest-ever sale across 17 historical transactions 2. GLW has gained approximately +307.31% over the past 12 months — a run driven by its fiber and optical connectivity business as data center buildout accelerated. Ten insiders completed 11 sales within 30 days. After a tripling in stock price, the cluster exit pattern fits the profile of systematic post-rally distribution rather than any single event-driven decision.

Intuit (INTU) director Vasant M. Prabhu bought 1,750 shares at $309.52 on May 26 for $541.67K — his largest-ever Form 4 purchase, across a two-transaction history 3. INTU fell approximately -23.86% in the week preceding the purchase. The "all-time largest" qualifier is limited here by only two prior Form 4 filings, so the track record is thin. That said, a director stepping in with a six-figure open-market purchase the week a stock loses nearly a quarter of its value is a directional signal worth logging.

One day after formally rejecting Murchinson's director-replacement demands, Nano Dimension (NNDM) signed a definitive agreement to sell its MarkForged, Inc. subsidiary to Stratasys Ltd. for $42.5 million all-cash 4. The transaction is expected to close in the second half of 2026, subject to regulatory approvals.

NNDM management described the sale as Phase 2 of a three-stage strategic plan: monetizing product lines to simplify operations and extend the company's financial runway ahead of a Phase 3 strategic alternatives review. The deal is projected to reduce NNDM's annual cash consumption by approximately $15 million in combined direct and indirect operating costs. NNDM retains the Markforged Metal Binder Jetting product line; only the core MarkForged business transfers to Stratasys.

The timing — one day after the board rejection of Murchinson — may be coincidental or may reflect a coordinated communication strategy around the proxy contest. The 8-K does not link the two events, and no management commentary is available in the filing to confirm or deny that interpretation.