Duling Joel 4

What Happened
Joel Duling, President of TRISO‑X at X‑Energy (XE), acquired 100 shares on April 27, 2026, at $23.00 per share for a total cost of $2,300. This was a purchase (acquisition) rather than a sale, indicating an insider buy rather than a disposition.

Key Details

• Transaction date and price: 2026-04-27 — 100 shares at $23.00 each.
• Total value: $2,300.
• Method: Shares acquired pursuant to a Directed Share Program in connection with X‑Energy’s initial public offering (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Filing date/timeliness: Form 4 filed 2026-04-29 — appears filed within the normal 2‑business‑day window.

Context
Directed Share Programs are allocations tied to an IPO that let insiders and certain participants buy shares at the offering; they differ from open‑market purchases but still represent an insider acquisition. The purchase amount is modest, so while it is a buy, it’s a relatively small position and should be considered alongside other insider activity and company fundamentals.