XCF Global, Inc. (NASDAQ: SAFX) director details 3.56M indirect shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
XCF Global, Inc. director THORN WRAY T filed an initial statement of beneficial ownership on Class A Common Stock. The filing reports indirect beneficial ownership of 3,306,944 shares of Company Common Stock through Focus Impact BHAC Sponsor, LLC and 257,352 shares through Focus Impact Partners, LLC. Mr. Thorn is a partner in both entities and, as a result, may be deemed to share beneficial ownership of the shares they hold.
Positive
- None.
Negative
- None.
Insights
Initial Form 3 shows large indirect holdings via sponsor-related entities.
The filing records THORN WRAY T’s starting equity position in XCF Global, Inc. as a director. All reported Class A Common Stock is held indirectly through two entities: Focus Impact BHAC Sponsor, LLC with 3,306,944 shares and Focus Impact Partners, LLC with 257,352 shares.
The footnotes state that Mr. Thorn is a partner in these entities and may be deemed to share beneficial ownership of their holdings. There are no buy or sell transactions disclosed; this is a baseline ownership report rather than a trading event.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
THORN WRAY T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,306,944 shares (Indirect, See Footnote)
Footnotes (1)
- Focus Impact BHAC Sponsor, LLC beneficially owns 3,306,944 shares of Company Common Stock. Mr. Thorn is a Partner of Focus Impact BHAC Sponsor, LLC and, as a result, may be deemed to share beneficial ownership of the shares held by Focus Impact BHAC Sponsor, LLC. Focus Impact Partners, LLC beneficially owns 257,352 shares of Company Common Stock. Mr. Thorn is a Partner of Focus Impact Partners, LLC and, as a result, may be deemed to share beneficial ownership of the shares held by Focus Impact Partners, LLC.
Key Figures
Indirect shares via Focus Impact BHAC Sponsor, LLC: 3,306,944 shares
Indirect shares via Focus Impact Partners, LLC: 257,352 shares
Holding entries reported: 2 entries
+2 more
5 metrics
Indirect shares via Focus Impact BHAC Sponsor, LLC
3,306,944 shares
Beneficially owned Company Common Stock attributed to Focus Impact BHAC Sponsor, LLC
Indirect shares via Focus Impact Partners, LLC
257,352 shares
Beneficially owned Company Common Stock attributed to Focus Impact Partners, LLC
Holding entries reported
2 entries
Number of holding-type entries in transaction summary
Reported buy transactions
0
BuyCount in transactionSummary for this Form 3
Reported sell transactions
0
SellCount in transactionSummary for this Form 3
Key Terms
beneficially owns, beneficial ownership, indirect, Class A Common Stock
4 terms
beneficially owns financial
"Focus Impact BHAC Sponsor, LLC beneficially owns 3,306,944 shares of Company Common Stock."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
beneficial ownership financial
"may be deemed to share beneficial ownership of the shares held by Focus Impact BHAC Sponsor, LLC."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect financial
"ownership_type":"indirect","ownership_code":"I""
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.
FAQ
What does XCF Global (SAFX) report in THORN WRAY T’s Form 3 filing?
The Form 3 reports indirect beneficial ownership of XCF Global’s Class A Common Stock by director THORN WRAY T through two entities, establishing his baseline equity position as a reporting insider.
Does THORN WRAY T’s Form 3 for XCF Global (SAFX) show any insider buying or selling?
No buy or sell activity is shown. The entries are holding records establishing indirect beneficial ownership; the transaction data reflect unknown codes and no share amounts traded.