Officer files Form 144; BE (NYSE: BE) sale notice and 10b5-1 trades
Filing Impact
Filing Sentiment
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.
Key Figures
Proposed RSU-linked sale notice: Restricted Stock Units
Sale on 04/14/2026: 20,000 shares
Sale on 03/16/2026 (row 1): 15,922 shares
+2 more
5 metrics
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>
Key Terms
10b5-1, Restricted Stock Units, Form 144
3 terms
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.
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.
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.