Bloom Energy CEO exercises options, gifts 300K shares
Bloom Energy’s CEO exercised options and transferred a large block of shares as gifts to GRATs while maintaining overall beneficial ownership.
Rhea-AI Filing Summary
Bloom Energy Corp (BE) reported insider transactions by Chairman & CEO Sridhar KR. On September 1, 2026 he exercised stock options for 9,688 shares of common stock at an exercise price of $30.96 per share from fully vested options, leaving 874,821 stock options outstanding from that award. On August 31, 2026 he made a bona fide gift of 300,000 common shares to grantor retained annuity trusts (GRATs) with independent trustees, and received annuity payments totaling 11,951 shares from certain GRATs, which did not change his total beneficial ownership. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,688 shares exercised/converted
Exercise
6 txns
Insider
Sridhar KR
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F3 | 9,688 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,688 | $30.96 | $300K |
| Gift | Common Stock F1, F2 | 300,000 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 874,821 contracts (Direct);
Common Stock — 2,291,508 shares (Direct);
Common Stock — 2,220,005 shares (Indirect, By trusts)
Footnotes (3)
- F1. These shares were gifted to GRATs, each with an independent trustee, on August 31, 2026.
- F2. Reflects receipt of annuity payments representing an aggregate of 11,951 shares by the Reporting Person from certain GRATs for which the Reporting Person is a trustee. The annuity payments did not change the total number of shares of Common Stock beneficially owned by the Reporting Person.
- F3. These stock options are fully vested.
Key Figures
Options exercised: 9,688 shares
Exercise price: $30.96 per share
Options outstanding after exercise: 874,821 options
+3 more
6 metrics
Options exercised
9,688 shares
Stock options converted into common stock on September 1, 2026
Exercise price
$30.96 per share
Exercise price for 9,688 stock options exercised on September 1, 2026
Options outstanding after exercise
874,821 options
Total stock options reported as held following the September 1, 2026 exercise
Gifted common shares
300,000 shares
Bona fide gift to GRATs on August 31, 2026
Annuity payment shares
11,951 shares
Aggregate shares received as annuity payments from certain GRATs
Option expiration
May 10, 2027
Expiration date of the stock options exercised on September 1, 2026
Key Terms
Stock Option (right to buy), bona fide gift, GRATs, beneficially owned
4 terms
Stock Option (right to buy) financial
"The security is described as Stock Option (right to buy) with an exercise price."
bona fide gift financial
"The 300,000-share transfer is classified as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRATs financial
"Shares were gifted to GRATs, each with an independent trustee."
beneficially owned financial
"The annuity payments did not change the total number of shares beneficially owned."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transactions did Bloom Energy (BE) report for CEO Sridhar KR?
Bloom Energy reported that CEO Sridhar KR exercised 9,688 stock options at an exercise price of $30.96 per share on September 1, 2026 and made a bona fide gift of 300,000 common shares to GRATs on August 31, 2026, while receiving 11,951 shares as annuity payments.
How many Bloom Energy (BE) stock options does the CEO hold after this Form 4?
After exercising options on September 1, 2026, CEO Sridhar KR held 874,821 stock options (rights to buy common stock) from that reported award, according to the total options reported as outstanding following the transaction.
What was the exercise price of the Bloom Energy (BE) options exercised by the CEO?
The options exercised by CEO Sridhar KR on September 1, 2026 covered 9,688 shares of Bloom Energy common stock at an exercise price of $30.96 per share, and those options were reported as fully vested with an expiration date of May 10, 2027.
Did the annuity payments from GRATs change the CEO’s Bloom Energy (BE) beneficial ownership?
No. The filing states that annuity payments representing an aggregate of 11,951 shares of common stock were received from certain GRATs for which the CEO is trustee, and that these payments did not change the total number of Bloom Energy shares beneficially owned by him.
Were the Bloom Energy (BE) insider transactions made under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these option exercises and gift transfers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
