BE Form 144 Filed for 10,000-Share Sale via Morgan Stanley on NYSE
Rhea-AI Filing Summary
Bloom Energy Corporation (BE) notice of proposed sale under Rule 144 reports an intended sale of 10,000 common shares through Morgan Stanley Smith Barney on the NYSE with an approximate aggregate market value of $486,150. The filing states the shares were acquired in an open-market purchase on 02/12/2019 for cash and that 233,997,970 shares are outstanding, with the approximate sale date listed as 08/22/2025. The filer certifies no undisclosed material adverse information and indicates no securities of the issuer were sold by the filer in the past three months.
Positive
- Transparent disclosure of planned sale details including broker, acquisition date, payment method, and aggregate value
- Affirmation that no undisclosed material adverse information about the issuer is known to the seller
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice documenting a small, pre-arranged insider sale and compliance with disclosure requirements.
The filing provides the standard Rule 144 disclosure elements: class, broker, number of shares, aggregate value, acquisition details, and planned sale date. The reported size (10,000 shares) represents a de minimis fraction of the 233,997,970 outstanding shares, so the transaction is unlikely to be market-moving. Key compliance element: the signer affirms no undisclosed material adverse information, aligning with Rule 144 certification expectations.
TL;DR: Small-volume insider sale; economically immaterial but useful for transparency and monitoring insider activity.
The notice confirms the shares were bought in the open market in 2019 and are being sold via a major broker, indicating a routine liquidity event rather than an operational signal. Aggregate value of $486,150 and the stated sale date (08/22/2025) are explicit. From a valuation perspective, the size relative to outstanding shares (~0.0043%) suggests negligible direct impact on market capitalization.