Major Shareholder Randy Soule and Encore DEC, LLC Report Significant Stock Sales and Corrected Ownership Stake
SAFX sits 21% above its 52-week low of $0.119 on light trading volume (0.4× avg).
Summary
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.
Key Events · Ownership and Investor Activity · SAFX
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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.
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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%.
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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.
Analysis · 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.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1872 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SAFX was trading at $0.14 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $30M. The 52-week trading range was $0.12 to $45.90. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.