XCF Global, Inc. Chief Financial Officer and Director Wray T. Thorn filed a Form 4 on November 3, 2026, disclosing the acquisition of 20,162,374 shares of restricted Class A Common Stock on October 30, 2026, at a price of $0 per share.

Key Highlights

  • Grant date: October 30, 2026, under a Restricted Stock Award Agreement between XCF Global and Wray T. Thorn.
  • Shares acquired: 20,162,374 shares of Class A Common Stock, received at $0 per share via transaction code "A" (acquired).
  • Vesting schedule: The restricted stock vests quarterly over four years, according to the filing.
  • Plan source: Shares were granted under the company's 2025 Equity Incentive Plan.
  • Direct ownership following transaction: 20,162,374 shares held directly by the reporting person.
  • Indirect ownership: An additional 11,414,653 shares held as Manager of Focus Impact Partners, LLC; 3,306,944 shares as Partner of Focus Impact BHAC Sponsor, LLC; and 4,903,630 shares as Partner of Focus Impact Sponsor, LLC.

XCF Global CFO Thorn's Restricted Stock Grant Details

According to the filing, Wray T. Thorn, serving as both Director and Chief Financial Officer of XCF Global, Inc. (NASDAQ:SAFX), received a grant of 20,162,374 shares of restricted Class A Common Stock on October 30, 2026. The filing states the shares were granted pursuant to an Employment Agreement between the company and the reporting person, as well as a Restricted Stock Award Agreement, both dated October 30, 2026. The price per share is listed as $0.

The filing discloses that the restricted stock was issued under XCF Global's 2025 Equity Incentive Plan and is subject to a vesting schedule of quarterly installments over a four-year period. Following this transaction, Thorn directly holds 20,162,374 shares of Class A Common Stock.

In addition to his direct holdings, the filing reports that Thorn indirectly owns 11,414,653 shares as Manager of Focus Impact Partners, LLC; 3,306,944 shares as Partner of Focus Impact BHAC Sponsor, LLC; and 4,903,630 shares as Partner of Focus Impact Sponsor, LLC. The Form 4 was signed on November 3, 2026, by Julio C. Esquivel as Attorney-in-Fact for the reporting person.

What Was Disclosed

XCF Global CFO and Director Wray T. Thorn reported the acquisition of 20,162,374 restricted Class A Common Stock shares at $0 on October 30, 2026, granted under the company's 2025 Equity Incentive Plan and vesting quarterly over four years.