X-Energy director reports large share holdings
X-Energy, Inc. filed an initial insider ownership report for Dr. Kamal Ghaffarian and X-Energy Holdings, LLC as 10% owners.
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Form Type
3
Rhea-AI Filing Summary
X-Energy, Inc. filed an initial insider ownership report for Dr. Kamal Ghaffarian and X-Energy Holdings, LLC as 10% owners. The filing shows indirect ownership of 84,292,133 shares of Class B Common Stock and 5,029,077 shares of Class A Common Stock, plus 1,234,021 Class A shares held directly. Common Units representing 84,292,133 underlying Class A shares are redeemable on a one-to-one basis, with each Class B share cancelled upon exchange. Dr. Ghaffarian has sole voting and dispositive power over the securities held by the related entities, while disclaiming beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ghaffarian Kamal Seyed, X-Energy Holdings, LLC
Role
Director, 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Units — 84,292,133 contracts (Indirect, See footnote);
Class A Common Stock — 1,234,021 shares (Direct);
Class A Common Stock — 5,029,077 shares (Indirect, See footnote);
Class B Common Stock — 84,292,133 shares (Indirect, See footnote)
Footnotes (2)
- F1. Consists of (i) 471,774 shares of Class A Common Stock and 8,963,719 Common Units and a corresponding number of shares of Class B Common Stock held by GM Enterprises, LLC, (ii) 3,951,679 shares of Class A Common Stock and 75,081,916 Common Units and a corresponding number of shares of Class B Common Stock held by X-Energy Holding, LLC, (iii) 12,973 shares of Class A Common Stock and 246,498 Common Units and a corresponding number of shares of Class B Common Stock held by IBX Opportunity GP, Inc. and (iv) 592,651 shares of Class A Common Stock held by X-energy KG Parent, LLC. Dr. Kamal Ghaffarian has sole voting and dispositive power with respect to securities held by each of the foregoing entities. Dr. Kamal Ghaffarian disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F2. The Common Units of X-Energy Reactor Company, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the election of the holder. The Common Units do not expire. Each share of the Issuer's Class B Common Stock will be cancelled upon the exchange of one Common Unit for one share of Class A Common Stock.
Key Figures
Indirect Class B holdings: 84,292,133 shares
Indirect Class A holdings: 5,029,077 shares
Direct Class A holdings: 1,234,021 shares
+2 more
5 metrics
Indirect Class B holdings
84,292,133 shares
Total shares of Class B Common Stock indirectly owned
Indirect Class A holdings
5,029,077 shares
Total shares of Class A Common Stock indirectly owned
Direct Class A holdings
1,234,021 shares
Class A Common Stock held directly by Dr. Ghaffarian
Common Units underlying Class A
84,292,133 units/shares
Common Units redeemable one-for-one into Class A shares
Exercise price of Common Units
$0.0000 per unit
Redemption price for Common Units into Class A Common Stock
Key Terms
Class A Common Stock, Class B Common Stock, Common Units, dispositive power, +1 more
5 terms
Class A Common Stock financial
"Consists of (i) 471,774 shares of Class A Common Stock and 8,963,719 Common Units"
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.
Class B Common Stock financial
"and a corresponding number of shares of Class B Common Stock held by GM Enterprises, LLC"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Common Units financial
"The Common Units of X-Energy Reactor Company, LLC may be redeemed for shares"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
dispositive power financial
"Dr. Kamal Ghaffarian has sole voting and dispositive power with respect to securities"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for XE reveal about Dr. Kamal Ghaffarian’s holdings?
The Form 3 shows Dr. Kamal Ghaffarian as a 10% owner of X-Energy, Inc., with indirect control over large positions in Class A and Class B Common Stock and related Common Units, plus additional Class A shares held directly in his own name.
What are the Common Units referenced in the X-Energy (XE) Form 3 filing?
The Common Units are interests in X-Energy Reactor Company, LLC that may be redeemed for Class A Common Stock of X-Energy, Inc. on a one-to-one basis. The filing notes 84,292,133 underlying Class A shares tied to these units, which do not expire.
How are Class B Common Stock and Common Units linked in X-Energy’s capital structure?
Each Common Unit is paired with a share of Class B Common Stock. According to the filing, when a Common Unit is exchanged for one share of Class A Common Stock, the corresponding Class B share is cancelled, simplifying the holder’s position into Class A equity.
Does the X-Energy (XE) Form 3 indicate any recent insider buying or selling activity?
No buy or sell transactions are shown. The Form 3 functions as an initial ownership statement, listing Dr. Ghaffarian’s and related entities’ existing holdings and derivative Common Units rather than reporting new open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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