Monitor future Form 4 filings for any buying or selling activity by Wallace, as the Power of Attorney enables timely reporting. The upcoming vesting of 1,209 shares in September 2026 could lead to potential sales under Rule 144.
Price Chart
Executive Summary
Michael J. Wallace, a reporting owner at X-Energy, Inc., filed a Form 3 to report his initial beneficial ownership of 70,161 shares of Class A Common Stock and a stock option to acquire 23,000 shares, with 3,628 shares already vested. The filing includes a Power of Attorney authorizing company executives to file SEC reports on his behalf.
Key Facts
- Michael J. Wallace holds 70,161 shares of Class A Common Stock, including 17,540 restricted shares.
- He holds a stock option for 23,000 shares, with 3,628 shares currently vested and an additional 1,209 set to vest on September 12, 2026.
- Wallace granted Power of Attorney to four company executives to file SEC Forms 3, 4, 5, 13D, 13G, and Form 144 on his behalf.
- This is an initial ownership filing, indicating Wallace is now subject to SEC reporting requirements.
Financial Impact
No direct financial impact; this is a routine disclosure of existing holdings and delegation of filing responsibilities.
Risk Factors
- Potential for insider selling in the future, which could pressure the stock price if significant.
- Delegation of filing authority increases operational efficiency but relies on internal controls to ensure accurate and timely disclosures.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0001104659-26-048711 |
| Document: 0001104659-26-048711-index-headers.html | 0001104659-26-048711 |
| Document: 0001104659-26-048711-index.html | 0001104659-26-048711 |
| Document: 0001104659-26-048711.txt | 0001104659-26-048711 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | Press Release | $10.54 $10.88 | ▲ +3.18% | ▲ +3.32% | $11.52 (+9.30%) |
Sep 25, 2026 4w ago | Press Release | $15.08 $14.38 | ▼ −4.64% | ▼ −4.42% | $11.52 (−23.61%) |
Aug 13, 2026 10w ago | 8-K | $22.73 $18.29 | ▼ −19.53% | ▼ −17.57% | $11.52 (−49.32%) |
Aug 13, 2026 10w ago | Press Release | $22.73 $18.29 | ▲ +19.53% | ▲ +17.57% | $11.52 (+49.32%) |
Jun 26, 2026 17w ago | 3/A | $18.81 $18.32 | ▼ −2.60% | ▼ −3.99% | $11.52 (−38.76%) |
Jun 4, 2026 20w ago | 8-K | $23.65 $18.73 | ▲ +20.80% | ▲ +18.25% | $11.52 (+51.29%) |
Jun 4, 2026 20w ago | Press Release | $23.65 $18.73 | ▼ −20.80% | ▼ −18.25% | $11.52 (−51.29%) |
May 21, 2026 22w ago | Press Release | $28.32 $26.44 | ▼ −6.64% | ▼ −8.31% | $11.52 (−59.32%) |
May 19, 2026 22w ago | 8-K | $28.67 $27.54 | ▼ −3.94% | ▼ −5.18% | $11.52 (−59.82%) |
Apr 30, 2026 25w ago | Press Release | $30.53 $29.96 | ▼ −1.87% | ▼ −4.21% | $11.52 (−62.27%) |
US Market Status
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