THORN WRAY T 4
4 · XCF Global, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
XCF Global (SAFX) Director Thorn Wray Receives Stock Award
What Happened
- Thorn Wray, a director of XCF Global, was the reporting person for two restricted stock awards (transaction code A) on May 21, 2026. The filings show grants of 4,581,838 and 3,564,241 shares, totaling 8,146,079 shares, at an acquisition price of $0.00 (reported value $0). The shares were awarded to Focus Impact Partners, LLC (FIP), a consulting entity controlled by Wray and Carl Stanton, in payment of accrued and additional unpaid consulting fees.
Key Details
- Transaction date: 2026-05-21. Report filed: 2026-07-10 (file appears to be late — Form 4s are generally due within 2 business days).
- Shares granted: 4,581,838 and 3,564,241; total 8,146,079 shares; price reported $0.00 (award for fees).
- Beneficial ownership after transaction: not disclosed in this filing.
- Footnotes: FIP provides consulting services under a Consulting Agreement. The restricted shares will be issued only if FIP does not terminate the Consulting Agreement prior to Jan 1, 2027 and the Company does not terminate the Agreement for Cause prior to Jan 1, 2027 (per footnotes F1 and F2).
- Award recipient: Focus Impact Partners, LLC — an entity controlled by the reporting person (indirect/organizational ownership).
Context
- These are restricted stock awards issued as payment for consulting fees, not open‑market purchases or sales. The grants are contingent on the consulting agreement remaining in effect through the specified date, and restrictions/vesting may limit immediate sale or transfer. Awards to an entity controlled by the insider represent indirect compensation and potential future beneficial ownership rather than an immediate cash investment signal.
Insider Transaction Report
Form 4
XCF Global, Inc.SAFX
THORN WRAY T
Director
Transactions
- Award
Class A Common Stock
[F1]2026-05-21+4,581,838→ 4,839,190 total(indirect: See Footnote) - Award
Class A Common Stock
[F1][F2]2026-05-21+3,564,241→ 8,403,431 total(indirect: See Footnote)
Footnotes (2)
- [F1]Focus Impact Partners, LLC ("FIP") provides consulting services to the Issuer pursuant to a Consulting Agreement. FIP is controlled by Carl Stanton and the reporting person. Shares of restricted Common Stock were granted to FIP for payment accrued and unpaid fees for services rendered under the Consulting Agreement for the period from February 19, 2025 through June 30, 2026. The restricted Common Stock will be issued provided that FIP has not terminated the Consulting Agreement prior to January 1, 2027 and the Company has not terminated the Consulting Agreement for Cause (as defined in the Consulting Agreement) prior to January 1, 2027.
- [F2]Shares of restricted Common Stock were granted to FIP for additional fees for services rendered under the Consulting Agreement. The restricted Common Stock will be issued provided that FIP has not terminated the Consulting Agreement prior to January 1, 2027 and the Company has not terminated the Consulting Agreement for Cause (as defined in the Consulting Agreement) prior to January 1, 2027.
Signature
/s/ Julio C. Esquivel as Attorney-In-Fact for Reporting Person|2026-07-10