Randy Soule Increases Beneficial Ownership in XCF Global, Inc. to 26.2%
This Amendment No. 2 to Schedule 13D, filed on May 8, 2026, reports an increase in beneficial ownership by Randy Soule in XCF Global, Inc. (ticker: SAFX). As of the event date on April 30, 2026, Soule beneficially owns 77,383,239 shares of Class A Common Stock, representing 26.2% of the class. This ownership includes 21,683,000 shares held directly by Encore DEC, LLC, where Soule is the sole member, and 47,749,586 shares held via his 71.34% interest in RESC Renewables Holdings, LLC. The filing details recent transactions by Encore DEC, LLC, including an open-market sale of 1,261,830 shares at $0.52 per share on March 12, 2026, and a private sale of 9,000,000 shares at $0.344 per share on April 30, 2026. Despite these specific divestments by the subsidiary, the reporting person's aggregate position reflects a significant increase from previously reported levels. Soule maintains sole voting and dispositive power over the reported shares and reserves the right to adjust his holdings based on market conditions.