X-Energy director reports initial share holdings

Q: How many XE Class A common shares does Christopher Ginther beneficially own?

Christopher Ginther beneficially owns 117,640 shares of X-Energy Class A common stock. This total includes both regular and restricted shares and represents his reported direct equity stake as a company director at the time of this filing.

Q: How many restricted XE shares are included in Christopher Ginther’s holdings?

Ginther’s reported holdings include 16,750 shares of restricted stock. Restricted shares typically vest over time or upon meeting conditions, aligning director incentives with long-term company performance while limiting immediate sale or transfer until vesting occurs.

Q: What stock options does XE director Christopher Ginther hold according to the Form 3?

Ginther holds a stock option on 33,356 shares of X-Energy Class A common stock. The option has a $23.00 exercise price per share and an expiration date of April 24, 2036, giving long-term potential equity exposure.

Q: How are Christopher Ginther’s XE stock options vested and when do remaining shares vest?

The Form 3 states 28,607 option shares are vested, meaning exercisable now. The remaining 4,749 underlying shares vest in two substantially equal annual installments beginning on January 1, 2027, extending his incentive horizon into future years.

Q: What is the exercise price and expiration date of Christopher Ginther’s XE stock options?

Ginther’s stock option has a $23.00 per share exercise price and an expiration date of April 24, 2036. This long-dated option structure provides extended time for potential value realization if X-Energy’s share price exceeds the strike.

X-Energy, Inc. director Christopher Ginther filed an initial ownership report showing he holds 117,640 shares of Class A common stock, including 16,750 shares of restricted stock.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

X-Energy, Inc. director Christopher Ginther filed an initial ownership report showing he holds 117,640 shares of Class A common stock, including 16,750 shares of restricted stock. He also holds stock options over 33,356 shares at an exercise price of $23.00 per share, expiring on April 24, 2036. Of these option shares, 28,607 are already vested, with the remaining 4,749 scheduled to vest in two substantially equal annual installments beginning on January 1, 2027.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider GINTHER CHRISTOPHER

Role Director

Type	Security	Shares	Price	Value
holding	Stock Option	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option — 33,356 contracts (Direct); Class A Common Stock — 117,640 shares (Direct)

Footnotes (2)

F1. Includes 16,750 shares of restricted stock.
F2. The stock option is vested as to 28,607 of the underlying shares. The stock option vests as to 4,749 of the underlying shares in two substantially equal annual installments beginning on January 1, 2027.

Key Figures

Common shares held: 117,640 shares Restricted stock: 16,750 shares Stock option underlying shares: 33,356 shares +4 more

7 metrics

Common shares held 117,640 shares Class A Common Stock beneficially owned by director

Restricted stock 16,750 shares Included within reported common stock holdings

Stock option underlying shares 33,356 shares Class A Common Stock underlying director stock option

Option exercise price $23.00 per share Exercise price of reported stock option

Vested option shares 28,607 shares Portion of option currently vested and exercisable

Unvested option shares 4,749 shares To vest in two annual installments from January 1, 2027

Option expiration date April 24, 2036 Final expiration of reported stock option

Key Terms

restricted stock, stock option, exercise price, vests, +1 more

5 terms

restricted stock financial

"Includes 16,750 shares of restricted stock."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

stock option financial

"The stock option is vested as to 28,607 of the underlying shares."

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

exercise price financial

"exercisePrice: "23.0000""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vests financial

"The stock option vests as to 4,749 of the underlying shares"

expiration date financial

"expirationDate: "2036-04-24T00:00:00.000Z""

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

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

What does the Form 3 filing by XE director Christopher Ginther show?

The Form 3 shows Christopher Ginther’s initial ownership in X-Energy, Inc., including common stock and stock options. It establishes his starting stake as a director, detailing both unrestricted and restricted shares plus option terms and vesting schedule.

How many XE Class A common shares does Christopher Ginther beneficially own?

Christopher Ginther beneficially owns 117,640 shares of X-Energy Class A common stock. This total includes both regular and restricted shares and represents his reported direct equity stake as a company director at the time of this filing.

How many restricted XE shares are included in Christopher Ginther’s holdings?

Ginther’s reported holdings include 16,750 shares of restricted stock. Restricted shares typically vest over time or upon meeting conditions, aligning director incentives with long-term company performance while limiting immediate sale or transfer until vesting occurs.

What stock options does XE director Christopher Ginther hold according to the Form 3?

Ginther holds a stock option on 33,356 shares of X-Energy Class A common stock. The option has a $23.00 exercise price per share and an expiration date of April 24, 2036, giving long-term potential equity exposure.

How are Christopher Ginther’s XE stock options vested and when do remaining shares vest?

The Form 3 states 28,607 option shares are vested, meaning exercisable now. The remaining 4,749 underlying shares vest in two substantially equal annual installments beginning on January 1, 2027, extending his incentive horizon into future years.

What is the exercise price and expiration date of Christopher Ginther’s XE stock options?

Ginther’s stock option has a $23.00 per share exercise price and an expiration date of April 24, 2036. This long-dated option structure provides extended time for potential value realization if X-Energy’s share price exceeds the strike.

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

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Accepted by SEC EDGAR 04/24/2026 - 05:13 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

GINTHER CHRISTOPHER

(Last)

(First)

(Middle)

C/O X-ENERGY, INC.

530 GAITHER ROAD, SUITE 700

(Street)

ROCKVILLE

MARYLAND

20850

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/24/2026

3. Issuer Name and Ticker or Trading Symbol
X-Energy, Inc. [ XE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	117,640⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option	⁽²⁾	04/24/2036	Class A Common Stock	33,356	$23	D

Explanation of Responses:

1. Includes 16,750 shares of restricted stock.

2. The stock option is vested as to 28,607 of the underlying shares. The stock option vests as to 4,749 of the underlying shares in two substantially equal annual installments beginning on January 1, 2027.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Elizabeth Petrone, Attorney-in-Fact	04/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR