Major Shareholder Randy Soule and Encore DEC, LLC Report Significant Stock Sales and Corrected Ownership Stake

summarizeSummary

Randy Soule and Encore DEC, LLC, a major shareholder group, filed an amended Schedule 13D to correct previously reported ownership percentages and disclose recent sales totaling approximately $448,000.

check_boxKey Events · Ownership and Investor Activity · SAFX

• Significant Insider Sales

  Encore DEC, LLC, controlled by Randy Soule, sold a total of 2,734,363 shares in open market transactions between January 8 and January 14, 2026, for an aggregate value of approximately $448,000.

• Corrected Ownership Percentage

  The amendment corrected an error in the initial Schedule 13D, revising Encore DEC, LLC's beneficial ownership from a previously misstated 17.6% to a current 21.3% (after sales), which was initially reported as 23.1%.

• Major Shareholder Reduction

  Randy Soule, as the sole member of Encore DEC, LLC, maintains beneficial ownership of 47.8% of the company's Class A Common Stock, but the recent sales represent a notable reduction in his overall stake.

auto_awesomeAnalysis · SAFX · Industrial Applications And Services

The amended Schedule 13D reveals that Randy Soule, through Encore DEC, LLC, has significantly reduced his beneficial ownership in XCF Global, Inc. by selling over 2.7 million shares for approximately $448,000. This represents a substantial disposition for a company of this market capitalization. The filing also corrects a material error in the previously reported ownership percentage for Encore DEC, LLC, which was initially understated. Such a large insider sale, especially from a controlling shareholder, could signal a lack of confidence or a need for liquidity, potentially putting downward pressure on the stock.