Bloom Energy (NYSE: BE) director gets 1,063 RSUs, holds 72,101 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZERVIGON EDDY reported acquisition or exercise transactions in this Form 4 filing.
Bloom Energy Corp director Eddy Zervigon reported an equity award and updated holdings. He received 1,063 restricted stock units (RSUs) of Class A common stock at $0.00 per share as a grant under the 2018 Equity Incentive Plan. The RSUs will vest on the date of the next annual stockholder meeting, contingent on his continued service. Vested shares will be delivered to him on January 1 following the year he terminates service under the 2021 Deferred Compensation Plan. After this award, he directly holds 72,101 Class A shares and indirectly holds 6,000 shares through the Eddy Zervigon IRA Account.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ZERVIGON EDDY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,063 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 72,101 shares (Direct, null);
Class A Common Stock — 6,000 shares (Indirect, Eddy Zervigon IRA Account)
Footnotes (1)
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Key Figures
RSU grant size: 1,063 RSUs
Grant price: $0.00 per share
Direct holdings after grant: 72,101 shares
+1 more
4 metrics
RSU grant size
1,063 RSUs
Class A Common Stock award to director Eddy Zervigon
Grant price
$0.00 per share
Price per share for 1,063 RSUs granted
Direct holdings after grant
72,101 shares
Zervigon’s direct Class A Common Stock position following transaction
Indirect holdings
6,000 shares
Held via Eddy Zervigon IRA Account
Key Terms
Restricted stock units ("RSUs"), 2018 Equity Incentive Plan, 2021 Deferred Compensation Plan, annual stockholder meeting
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2018 Equity Incentive Plan financial
"RSUs granted under the Bloom Energy Corporation 2018 Equity Incentive Plan."
2021 Deferred Compensation Plan financial
"pursuant to the terms of the Bloom Energy Corporation 2021 Deferred Compensation Plan."
annual stockholder meeting financial
"The RSUs will vest on the date of the next annual stockholder meeting, subject to the Reporting Person's continued service"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What insider transaction did Bloom Energy (BE) director Eddy Zervigon report?
Eddy Zervigon reported receiving 1,063 restricted stock units of Bloom Energy Class A common stock as a grant. The award was made at $0.00 per share under the company’s 2018 Equity Incentive Plan and reflects equity-based compensation, not an open-market purchase.
When do Eddy Zervigon’s new Bloom Energy RSUs vest and settle?
The 1,063 restricted stock units will vest on the date of Bloom Energy’s next annual stockholder meeting, subject to his continued service. Vested shares will be delivered on January 1 following the year he terminates service, under the 2021 Deferred Compensation Plan.
Is Eddy Zervigon’s Bloom Energy RSU award an open-market stock purchase?
No, the 1,063 Bloom Energy RSUs represent a grant or award, not an open-market purchase. The transaction code is A, indicating a grant, award, or other acquisition under the company’s equity plan at a price of $0.00 per share.
What plans govern Eddy Zervigon’s new Bloom Energy RSUs?
The RSUs were granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. Settlement timing is governed by the Bloom Energy Corporation 2021 Deferred Compensation Plan, which delivers vested shares on January 1 following the year his service with the company ends.