Major Beneficial Owner Randy Soule Sells $3.75M in Shares, Reducing Stake to 26.2%

summarizeSummary

A major beneficial owner, Randy Soule, reported selling $3.75 million worth of XCF Global shares, including a private sale at a discount, reducing his overall beneficial ownership to 26.2%.

check_boxKey Events

• Significant Share Sales by Beneficial Owner

  Randy Soule, through Encore DEC LLC, sold a total of 10,261,830 shares across two transactions on March 12, 2026, and April 30, 2026.

• Total Transaction Value of $3.75 Million

  The sales amounted to approximately $3,752,151.60, representing a substantial disposition of shares relative to the company's market capitalization.

• Private Sale at a Discount

  The larger sale of 9,000,000 shares on April 30, 2026, was a private transaction priced at $0.344 per share, below the current market price of $0.4073.

• Reduced Beneficial Ownership

  Following these transactions, Randy Soule's beneficial ownership in XCF Global, Inc. stands at 77,383,239 shares, or 26.2% of the Class A Common Stock.

auto_awesomeAnalysis

Randy Soule, a significant beneficial owner of XCF Global, Inc., through his controlled entity Encore DEC LLC, reported the sale of over 10.2 million shares totaling approximately $3.75 million. These sales, particularly the large private sale on April 30th at a discount to the current market price, indicate a significant reduction in his stake and could signal a lack of confidence or a need for liquidity. This comes amidst a period of high filing volume and recent disclosures of legal issues for another major beneficial owner and ongoing dilutive financing activities, adding to investor uncertainty.