BE Form 144: Insider Sold 180k Shares, Plans Additional 39k Sale

Rhea-AI Filing Summary

Form 144 notice for Bloom Energy Corporation (BE) reporting proposed sale of securities. The filing identifies a broker, Morgan Stanley Smith Barney LLC, and shows an intended sale of 39,000 common shares with an aggregate market value of $2,097,950.40, to occur on 08/28/2025 on the NYSE. The securities were acquired on 08/28/2025 through a stock option exercise and paid in cash. The filing lists total common shares outstanding as 233,997,970. The notice also discloses three prior sales by K R SRIDHAR on 08/25/2025, 08/26/2025, and 08/27/2025 of 60,000 shares each, with gross proceeds of $2,938,422.00, $2,998,554.00, and $2,981,946.00 respectively. The form includes the standard representation that the seller does not possess undisclosed material adverse information; a signed notice date is not provided in the visible content.

Positive

• None.

Negative

• Multiple near-term insider sales: Three sales of 60,000 shares (08/25–08/27/2025) totaling 180,000 shares, plus a proposed sale of 39,000 shares on 08/28/2025.
• Significant gross proceeds: Prior three-day gross proceeds sum to approximately $8.82 million, indicating notable insider liquidity.
• No trading-plan details visible: The filing references Rule 10b5-1 language but does not show an adoption date or plan specifics in the provided content.

Insights

Financial Analyst

TL;DR: Insider sold and plans modest share amounts; proceeds are notable but represent a small fraction of outstanding shares.

The filing documents an option exercise and immediate planned sale of 39,000 common shares through Morgan Stanley Smith Barney, with an aggregate value of approximately $2.10 million. The filer previously sold 180,000 shares across three days, generating roughly $8.82 million in gross proceeds according to the listed amounts. These transactions are straightforward liquidity events rather than operational disclosures; they do not provide guidance on company performance. Investors should view these as insider liquidity rather than a signal of company fundamentals, based solely on the information in this notice.

Corporate Governance Expert

TL;DR: Multiple near-term insider sales raise governance and signaling questions despite the seller's representation of no undisclosed material information.

The pattern of three consecutive daily sales followed by a separate planned sale tied to a stock option exercise could prompt governance scrutiny about timing and adherence to any trading plans. The filer attests they lack material nonpublic information and the form references Rule 10b5-1 planning language, but no adoption date or plan details are shown in the provided content. Without explicit evidence of a pre-established trading plan, these clustered transactions may attract investor attention regarding disclosure and insider trading policy compliance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	39000	2097950.40	233997970	08/28/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/28/2025	Stock Option Exercise	Issuer			39000	08/28/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
K R SRIDHAR 4353 North First Street San Jose CA 95134	Common	08/27/2025	60000	2981946.00
K R SRIDHAR 4353 North First Street San Jose CA 95134	Common	08/26/2025	60000	2998554.00
K R SRIDHAR 4353 North First Street San Jose CA 95134	Common	08/25/2025	60000	2938422.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the Form 144 for Bloom Energy (BE) propose to sell?

The filing proposes to sell 39,000 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $2,097,950.40.

How were the 39,000 shares acquired according to the filing?

They were acquired on 08/28/2025 via a stock option exercise, and payment was made in cash on the same date, per the notice.

Does the filing show any recent sales by the same person?

Yes. K R SRIDHAR sold 60,000 shares on each of 08/25/2025, 08/26/2025, and 08/27/2025, with listed gross proceeds of $2,938,422.00, $2,998,554.00, and $2,981,946.00 respectively.

What is the company's total shares outstanding listed in the notice?

Shares outstanding are listed as 233,997,970 common shares in the filing.

Does the filing indicate the seller has undisclosed material information?

No. The signer represents they do not know any material adverse information that has not been publicly disclosed; no signed notice date or 10b5-1 plan adoption date is shown in the provided content.