Bloom Energy (NYSE: BE) CEO sells 200,000 shares near $170
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloom Energy Corp Chairman and CEO Sridhar KR reported an open-market sale of 200,000 shares of Class A Common Stock on February 24, 2026. The weighted average sale price was about $170.00 per share, with individual trades ranging from $170.00 to $170.05, according to the footnotes.
After this sale, he directly owned 2,189,869 shares of Class A Common Stock. The filing also shows additional indirect holdings through trusts, and notes that annuity payments totaling 11,206 shares from certain GRATs did not change his overall beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares ($34,000,000)
Net Sell
4 txns
Insider
Sridhar KR
Role
Chairman & CEO
Sold
200,000 shs ($34.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 200,000 | $170.00 | $34.00M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,189,869 shares (Direct);
Class A Common Stock — 1,144,456 shares (Indirect, By trusts)
Footnotes (1)
- The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $170.00 to $170.05. 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. Reflects receipt of annuity payments representing an aggregate of 11,206 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 Class A Common Stock beneficially owned by the Reporting Person.
FAQ
What does the GRAT annuity footnote mean in Bloom Energy (BE) CEO’s Form 4?
One footnote states Sridhar KR received annuity payments totaling 11,206 shares from certain GRATs where he is trustee. It clarifies these annuity receipts did not change the total number of Bloom Energy shares he beneficially owns overall.
Does Sridhar KR have indirect Bloom Energy (BE) holdings through trusts?
Yes. The Form 4 shows indirect ownership of Bloom Energy Class A Common Stock noted as held “By trusts.” These trust-held positions are reported separately from his direct holdings and reflect shares for which he has beneficial ownership through trust structures.
What transaction type is reported in Bloom Energy (BE) CEO’s Form 4?
The primary transaction is an open-market sale of Class A Common Stock, coded as a sale. The filing’s normalized data describes it as an “open-market sale”, distinguishing it from grants, option exercises, gifts, or other non-sale insider activities.