Randy Soule, identified as a ten percent owner of XCF Global, Inc. (NASDAQ: SAFX), executed a sale of 2,000,000 shares of Class A Common Stock on February 25, 2026, a Form 4 filing with the Securities and Exchange Commission shows. The shares changed hands at $0.12 apiece, producing gross proceeds of $240,000.
The sale price matches the stocks 52-week low. Over the past year the share price has fallen 98.7% from a 52-week high of $45.90. As of the most recent quote cited in the filing, XCF Globals shares trade at $0.27 and the company carries a market capitalization of $40.65 million.
After the disposition, Soule retains direct ownership of 74,067,285 shares through membership in Encore DEC, LLC, per the filing. Separately, InvestingPro analysis referenced in the filing flags the stock as currently overvalued and notes the availability of 13 additional ProTips intended to help investors navigate the situation.
Corporate developments at XCF Global run in parallel with the insider transaction. The company appointed William Dale as chief financial officer effective January 12, 2026. The filing and company statements describe Dale as having over 25 years of experience in operational finance, including prior CFO roles at Newbridge Resources Group LLC and other firms.
On the operational front, XCF Global is pursuing financing arrangements to expand production of sustainable aviation fuel. The company has engaged Bank of America to assist in structuring potential debt financing to support construction of its New Rise Reno 2 facility. This project is presented as part of XCF Globals broader strategy to enhance production capacity in the sustainable aviation fuel sector.
Preparatory work for New Rise Reno 2 has already begun. XCF Global reports completion of initial site activities, including grading of a 10-acre parcel and the construction of access roads. Engineering, design, and project planning are described as underway, and the company indicates construction is expected to begin in 2026.
Taken together, the insider sale, InvestingPros valuation note, the appointment of a seasoned finance executive, and early-stage site progress for New Rise Reno 2 constitute the latest public updates from XCF Global. The filings and company disclosures present these items as simultaneous developments without linking them to specific future outcomes.
Summary
Randy Soule sold 2,000,000 Class A shares of XCF Global at $0.12 per share on February 25, 2026, for $240,000. The stock has fallen sharply from its 52-week high of $45.90 and trades at $0.27 with a market cap of $40.65 million. Soule continues to hold 74,067,285 shares via Encore DEC, LLC. XCF Global named William Dale as CFO effective January 12, 2026, and is exploring Bank of America-assisted debt financing for the New Rise Reno 2 sustainable aviation fuel facility, where initial site work on a 10-acre parcel is complete and construction is expected to start in 2026.