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[Form 4] Bloom Energy Corp Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Bloom Energy (BE): Chief Legal Officer and Corporate Secretary Shawn M. Soderberg reported insider transactions. On 11/05/2025, he exercised stock options for 36,666 Class A shares at $30.89 per share (code M) and on the same date sold 36,666 Class A shares at $141 per share (code S). The option grant referenced was fully vested.

Following these transactions, Soderberg reported 225,949 shares held directly and 396,731 shares held indirectly by The Shawn M. Soderberg 2005 Trust, of which he is the trustee.

Positive
  • None.
Negative
  • None.

Insights

Routine Form 4: option exercise and matching sale reported.

The filing lists an option exercise (code M) for 36,666 Class A shares at an exercise price of $30.89, followed by a sale (code S) of 36,666 shares at $141 on 11/05/2025. The derivative table shows the options were fully vested.

Post‑transaction holdings are split between direct ownership of 225,949 shares and indirect ownership of 396,731 shares via a trust. This appears administrative and typical for executive equity events; actual impact depends on insider portfolio management rather than operating results.

SEC Form 4
FORM 4 UNITED 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).
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*
SODERBERG SHAWN MARIE

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

(Street)
SAN JOSE CA 95134

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bloom Energy Corp [ BE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 11/05/2025 M 36,666 A $30.89 262,615 D
Class A Common Stock 11/05/2025 S 36,666 D $141 225,949 D
Class A Common Stock 396,731 I By trust(1)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $30.89 11/05/2025 M 36,666 (2) 01/13/2026 Class A Common Stock 36,666 $0.00 0 D
Explanation of Responses:
1. Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.
2. These stock options are fully vested.
Remarks:
Chief Legal Officer and Corporate Secretary
/s/ Shawn M. Soderberg 11/07/2025
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did BE’s Shawn M. Soderberg report?

He exercised options for 36,666 Class A shares at $30.89 and sold 36,666 shares at $141 on 11/05/2025.

How many Bloom Energy (BE) shares does Soderberg own after the transactions?

He reported 225,949 shares held directly and 396,731 shares held indirectly by a trust.

What was the status of the options exercised by Soderberg?

The filing states the stock options were fully vested.

What do the Form 4 transaction codes M and S mean for BE?

Code M indicates an option exercise; code S indicates an open‑market or private sale of shares.

What is Soderberg’s role at Bloom Energy (BE)?

He is the company’s Chief Legal Officer and Corporate Secretary.
Bloom Energy

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