BE Form 144 Filed for 60,000 Shares; Acquired by Option Exercise
Rhea-AI Filing Summary
Bloom Energy Corporation insider submitted a Form 144 to notify a proposed sale of 60,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $2,938,422.00. The filing reports total shares outstanding of 233,997,970, and the proposed sale date is 08/25/2025.
The securities were acquired and paid for on 08/25/2025 via a stock option exercise from the issuer, with payment in cash. The filer reports no securities sold by the same person in the past three months and attests there is no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Form 144 discloses an insider sale following an option exercise; disclosure appears procedural and compliant.
The filing documents a proposed public sale of 60,000 shares acquired by stock option exercise and paid in cash on the same date. The broker, Morgan Stanley Smith Barney LLC, and the venue, NYSE, are specified. The filer certifies no undisclosed material adverse information and reports no prior sales in the last three months. From a compliance perspective, the form contains the expected elements required under Rule 144: acquisition date and nature, broker details, proposed sale date, and attestations. There is no indication in the filing of any deviations from standard disclosure requirements.
TL;DR: Insider sale size is small relative to outstanding shares and likely not material to shareholders.
The transaction involves 60,000 shares valued at $2.94 million against 233,997,970 shares outstanding, representing approximately 0.026% of the share base. The shares were obtained via option exercise and are being offered for sale through a major broker. The filing contains no information on reasons for the sale or any operational updates. As a disclosure, it should be noted by investors, but the size and nature of the notice do not appear to be materially impactful to company valuation based on the data provided.