BE Rule 144 Filing: 400 Vested Shares Scheduled for Sale on 09/16/2025
Rhea-AI Filing Summary
Bloom Energy Corp insider filing a Rule 144 notice indicates 400 shares of common stock will be sold through Morgan Stanley Smith Barney
Positive
- Compliance filing under Rule 144 is completed, disclosing the planned sale and required certifications
- Shares to be sold (400) result from restricted stock vesting, indicating issuance rather than external purchase
Negative
- Substantial prior insider sales in the past three months totaling 22,541 shares for $999,754.87, indicating notable insider liquidity
- Planned sale shortly after vesting (acquired 09/15/2025, sale approx. 09/16/2025) which may be viewed as immediate monetization of vested awards
Insights
TL;DR: Routine Rule 144 notice for 400 vested restricted shares; prior substantial sales by the same insider are disclosed.
This Form 144 documents a proposed sale under Rule 144 of 400 common shares acquired via restricted stock vesting on 09/15/2025 and to be sold on 09/16/2025 through Morgan Stanley Smith Barney. The filing correctly lists aggregate market value and shares outstanding, and includes the required certification about material non-public information. Material context: the filer previously sold 22,541 shares in the last three months for nearly $1.0 million, which is significant as a disclosure of recent insider liquidity activity. This filing itself is procedural and consistent with compliance requirements.
TL;DR: Small planned disposition (400 shares) follows recent larger insider sales totaling 22,541 shares; indicates insider selling activity.
The notice shows the 400 shares derive from restricted stock vesting and have an indicated market value of $28,464.88. Prior transactions by Satish Prabhu Chitoori in the past three months include sales on 06/16/2025, 08/13/2025, and 08/14/2025 totaling 22,541 shares for gross proceeds of $999,754.87. From an insider-activity perspective, the documented recent sales are noteworthy for investors tracking executive share dispositions, though this Form 144 solely reports a small, routine planned sale tied to vesting.