SOULE RANDY 4

What Happened
Randy Soule, identified as a 10% owner of XCF Global, Inc. (SAFX), sold 9,000,000 shares on April 30, 2026 at $0.34 per share, generating proceeds of approximately $3,096,000. The Form 4 records the disposition as an "Open market or private sale" (transaction code S). This was a sale — which is generally a routine liquidity event and not necessarily a negative signal about the company.

Key Details

• Transaction date and price: 2026-04-30 at $0.34 per share; total proceeds ~$3,096,000.
• Transaction type: Open market or private sale (Form 4 code S).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: 2026-05-08 (the Form 4 was filed more than the typical 2-business-day reporting window and thus appears late).
• Accession no.: 0002104194-26-000012.

Context
As a 10% owner, Soule is a significant insider whose transactions trigger Section 16 reporting. Sales by large holders can reflect personal liquidity needs or portfolio rebalancing; they do not, by themselves, confirm a view on company fundamentals. The filing shows a straightforward sale (no option exercise, no awards, no gift).