STOCK TITAN

Officer files Form 144; BE (NYSE: BE) sale notice and 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Company affiliate filed a Form 144 notice reporting proposed and recent sales of Common Stock. The filing lists a proposed sale tied to Restricted Stock Units and multiple 10b5-1 sales executed in 2026, with specific share counts and proceeds shown.

Positive

  • None.

Negative

  • None.

Insights

Routine Section 144 notice for affiliate dispositions under a 10b5-1 plan.

The filing documents proposed and completed sales of Common Stock by an affiliate, including transactions described as 10b5-1 Sales and a notice linked to Restricted Stock Units. Cash‑flow treatment and broker specifics are the usual sale mechanics.

Timing and actual execution depend on the selling process and any plan conditions; subsequent trade reports will show completed transactions and amounts.

Proposed RSU-linked sale notice Restricted Stock Units Notice dated <date>05/13/2026</date>
Sale on 04/14/2026 20,000 shares 10b5-1 sale, gross proceeds <money>$4,084,600.00</money>
Sale on 03/16/2026 (row 1) 15,922 shares 10b5-1 sale, gross proceeds <money>$2,464,883.00</money>
Sale on 03/16/2026 (row 2) 3,042 shares sale, gross proceeds <money>$464,178.78</money>
Sale on 02/17/2026 1,521 shares sale, gross proceeds <money>$211,981.77</money>
10b5-1 regulatory
"10b5-1 Sales for SATISH PRABHU CHITOORI"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 05/13/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does BE's Form 144 filing disclose?

The filing discloses a proposed sale tied to Restricted Stock Units and prior 10b5-1 sales in 2026. It lists specific dates, share counts, and gross proceeds for those transactions rather than offering terms.

How many shares were sold under 10b5-1 plans in 2026?

The filing shows executed 10b5-1 sales on 04/14/2026 for 20,000 shares, and earlier 2026 entries of 15,922, 3,042, and 1,521 shares, each with the gross proceeds reported alongside the share counts.

Who is the reported seller in the Form 144?

The notice names Satish Prabhu Chitoori with a San Jose address as the reporting person for the executed 10b5-1 sales and related dispositions recorded in the filing.

Does the Form 144 state who receives the proceeds?

The filing lists gross proceeds for each executed sale but does not specify recipient treatment beyond standard sale reporting; the document ties a proposed sale to Restricted Stock Units rather than stating proceeds allocation explicitly.

Are the reported transactions completed or proposed?

The document includes both executed 10b5-1 sales with dates and proceeds in 2026 and a Form 144 notice indicating a proposed sale related to Restricted Stock Units dated 05/13/2026.