GL Part SPV II, LLC (SAFX) discloses 20.6M XCF Global Class A shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
GL Part SPV II, LLC, described as an affiliate of a 10% owner, filed an initial Form 3 for XCF Global, Inc. Class A Common Stock. The filing reports direct ownership of 20,588,185 shares of Class A Common Stock as of a transaction date of June 6, 2025. This is a disclosure of an existing position rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GL Part SPV II, LLC
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 20,588,185 shares (Direct, null)
Footnotes (1)
Key Figures
Class A shares held: 20,588,185 shares
1 metrics
Class A shares held
20,588,185 shares
Direct ownership reported as of June 6, 2025
Key Terms
Class A Common Stock, Affiliate of 10% owner, Form 3
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Affiliate of 10% owner regulatory
"other: "Affiliate of 10% owner""
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does the GL Part SPV II, LLC Form 3 filing mean for XCF Global (SAFX)?
The Form 3 shows GL Part SPV II, LLC directly holding 20,588,185 Class A shares of XCF Global. It is an initial ownership report, indicating a large existing stake, not a new purchase or sale transaction.
Is the GL Part SPV II, LLC Form 3 for SAFX a buy or sell transaction?
The Form 3 is not a buy or sell; it is an initial ownership statement. It discloses that GL Part SPV II, LLC already holds 20,588,185 Class A shares, rather than reporting a new trade in XCF Global stock.
What role does GL Part SPV II, LLC have in relation to XCF Global (SAFX)?
GL Part SPV II, LLC is described as an affiliate of a 10% owner of XCF Global. Through the Form 3, it reports direct ownership of 20,588,185 Class A shares, signaling association with a significant shareholder group.
Does the GL Part SPV II, LLC Form 3 show any derivative securities for SAFX?
The Form 3 data shows no derivative securities for GL Part SPV II, LLC. The filing only reports direct holdings of 20,588,185 shares of XCF Global’s Class A Common Stock, with no options or other derivatives listed.