STOCK TITAN

Bloom Energy (NYSE: BE) COO share sale covers RSU taxes

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bloom Energy Corp (BE) reported that Chief Operations Officer Satish Chitoori sold 2,053 shares of common stock on August 14, 2026. The sale was made to cover a tax withholding obligation incurred upon settlement of restricted stock units and was effected pursuant to a Rule 10b5-1 trading plan adopted on November 28, 2025. After this transaction, Chitoori directly held 205,364 shares of Bloom Energy common stock. The reported $241.64 price represents a weighted average, with individual trades executed between $231.64 and $247.84 per share.

Positive

  • None.

Negative

  • None.
Insider Chitoori Satish
Role Chief Operations Officer
Sold 2,053 shs ($496K)
Type Security Shares Price Value
Sale Common Stock F1, F2 2,053 $241.64 $496K
Holdings After Transaction: Common Stock — 205,364 shares (Direct)
Footnotes (2)
  1. F1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2025.
  2. F2. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $231.64 to $247.84. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Shares sold 2,053 shares Common stock sale by COO Satish Chitoori on August 14, 2026
Weighted average sale price $241.64 per share Average price for 2,053 Bloom Energy shares sold
Price range of sales $231.64 to $247.84 per share Range of prices for multiple sale transactions on August 14, 2026
Shares held after transaction 205,364 shares Direct Bloom Energy holdings of Satish Chitoori following the sale
Shares sold to cover taxes 2,053 shares Sale to cover tax withholding obligation on RSU settlement
10b5-1 plan adoption date November 28, 2025 Date Chitoori adopted the Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligation financial
"Sale of shares to cover tax withholding obligation incurred upon settlement"
restricted stock units financial
"tax withholding obligation incurred upon settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price per share financial
"The price reported represents the weighted average sale price per share"

FAQ

What insider transaction did Bloom Energy Corp (BE) report for Satish Chitoori?

Bloom Energy reported that COO Satish Chitoori sold 2,053 shares of common stock on August 14, 2026. The sale covered tax withholding from restricted stock unit settlement under a pre-arranged Rule 10b5-1 trading plan.

How many Bloom Energy (BE) shares does Satish Chitoori hold after this Form 4 transaction?

After the reported sale, Satish Chitoori directly holds 205,364 Bloom Energy common shares. This position reflects his holdings following the 2,053-share sale used to satisfy tax withholding obligations from restricted stock unit settlement.

At what price were the Bloom Energy (BE) shares sold in Satish Chitoori’s Form 4 filing?

The Form 4 reports a weighted average sale price of $241.64 per share for the 2,053 shares. Individual trades occurred in multiple transactions at prices ranging from $231.64 to $247.84 per share.

Was Satish Chitoori’s Bloom Energy (BE) share sale under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Satish Chitoori on November 28, 2025. Such plans pre-arrange trades, limiting their informational value about timing.

Why did Satish Chitoori sell Bloom Energy (BE) shares in this Form 4?

The filing explains that the 2,053-share sale was made to cover a tax withholding obligation from the settlement of restricted stock units. This indicates the transaction is linked to equity compensation rather than a discretionary open-market sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chitoori Satish

(Last)(First)(Middle)
4353 NORTH FIRST STREET

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bloom Energy Corp [ BE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operations Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026S(1)2,053D$241.64(2)205,364D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2025.
2. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $231.64 to $247.84. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
/s/ Shawn M. Soderberg, as attorney-in-fact08/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)