XCF Global: Brown Stone Capital reports 4.7% stake

The amendment places each reported 4.7% ownership position within the form’s “5 Percent or Less” category.

Rhea-AI Filing Summary

XCF Global, Inc. (SAFX) is the issuer of Class A common stock for which Brown Stone Capital Ltd and Nima Montazeri each report beneficial ownership of 19,659,767 shares, or 4.7% of the class. Both report sole voting and sole dispositive power over that amount. The percentage is based on 415,296,896 Class A shares outstanding, as reported in the issuer’s prospectus supplement filed September 23, 2026; the amendment identifies ownership of 5% or less.

Key Figures

Beneficial ownership: 19,659,767 shares Percent of class: 4.7% Class A shares outstanding: 415,296,896 shares +1 more

4 metrics

Beneficial ownership 19,659,767 shares Reported for each reporting person

Percent of class 4.7% Reported ownership percentage for each reporting person

Class A shares outstanding 415,296,896 shares Basis for the percentage, as reported in the prospectus supplement filed September 23, 2026

Ownership category 5% or less Ownership of 5 Percent or Less of a Class

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power

3 terms

beneficially owned financial

"Amount beneficially owned: 19,659,767"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"Sole Voting Power 19,659,767"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"Sole Dispositive Power 19,659,767"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SAFX shares did Brown Stone Capital Ltd and Nima Montazeri report owning?

The ownership table lists 19,659,767 beneficially owned shares for each reporting person, equal to 4.7% of the class. Each reports sole voting and sole dispositive power over that amount. The percentage is based on 415,296,896 Class A shares outstanding, as reported in the issuer’s prospectus supplement filed September 23, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/30/2026 - 04:36 PM Accepted by SEC EDGAR 09/30/2026 - 04:36 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

XCF Global, Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

98400U103

(CUSIP Number)

09/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 98400U103

1

Names of Reporting Persons

Brown Stone Capital Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 19,659,767.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 19,659,767.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

19,659,767.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: The percentage of class is based on 415,296,896 shares of the issuer's Class A common stock outstanding, as reported in the prospectus supplement filed by the issuer with the Securities and Exchange Commission (the "SEC") on September 23, 2026.

SCHEDULE 13G

CUSIP Number(s): 98400U103

1

Names of Reporting Persons

Montazeri Nima

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 19,659,767.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 19,659,767.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

19,659,767.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: The percentage of class is based on 415,296,896 shares of the issuer's Class A common stock outstanding, as reported in the prospectus supplement filed by the issuer with the SEC on September 23, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: XCF Global, Inc.
(b)	Address of issuer's principal executive offices: 2500 CityWest Blvd. Suite 150-138 Houston TX 77042
Item 2.
(a)	Name of person filing: Brown Stone Capital, Ltd.
(b)	Address or principal business office or, if none, residence: Rear No. 2 Glenthorne Road, London, United Kingdom, N11 3HT
(c)	Citizenship: United Kingdom
(d)	Title of class of securities: Class A Common Stock, $0.0001 par value per share
(e)	CUSIP No.: 98400U103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 19,659,767.00
(b)	Percent of class: 4.7%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 19,659,767.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 19,659,767.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Brown Stone Capital Ltd

Signature:	/s/ Nima Montazeri
Name/Title:	President
Date:	09/30/2026

Montazeri Nima

Signature:	/s/ Nima Montazeri
Name/Title:	Nima Montazeri
Date:	09/30/2026