STOCK TITAN

Bloom Energy (NYSE: BE) CCO logs tax-driven share sale and option vesting

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bloom Energy Chief Commercial Officer Aman Joshi reported routine equity compensation activity and a related share sale. He sold 19,944 shares of Class A common stock in an open-market transaction at a weighted average price of $154.85 per share to cover tax withholding obligations upon settlement of restricted stock units, executed under a pre-arranged Rule 10b5-1 trading plan. After this sale, he directly holds 190,521 shares of common stock. Joshi also acquired performance-based stock options covering 168,750 shares at an exercise price of $9.08 and 90,000 shares at an exercise price of $11.90. These options vesting was triggered when second-year performance criteria on earlier option grants exceeded target, resulting in a 150% payout for that installment, subject to his continued service.

Positive

  • None.

Negative

  • None.
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).
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*
Joshi Aman

(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)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
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 03/16/2026 S(1) 19,944 D $154.85(2) 190,521 D
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) $9.08 03/15/2026 A 168,750 03/15/2026 03/01/2034 Common Stock 168,750 $0 302,022(3) D
Stock Option (Right to Buy) $11.9 03/15/2026 A 90,000 03/15/2026 08/29/2034 Common Stock 90,000 $0 180,000(4) D
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 26, 2025.
2. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $150.58 to $161.47. 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.
3. On March 1, 2024, the Reporting Person was granted an option to purchase 450,000 shares of the Company's Class A Common Stock. The option vests in four annual installments based on the Reporting Person's satisfaction of certain performance criteria, and subject to the Reporting Person's continued service through each applicable vesting date. The performance criteria for the second installment exceeded target as determined by the Compensation Committee on February 19, 2026, which resulted in a payout of 150% of target, resulting in the vesting of the option to purchase 168,750 shares of the Company's Class A Common Stock.
4. On August 29, 2024, the Reporting Person was granted an option to purchase 180,000 shares of the Company's Class A Common Stock. The option vests in three annual installments based on the Reporting Person's satisfaction of certain performance criteria, and subject to the Reporting Person's continued service through each applicable vesting date. The performance criteria for the second installment exceeded target as determined by the Compensation Committee on February 19, 2026, which resulted in a payout of 150% of target, resulting in the vesting of the option to purchase 90,000 shares of the Company's Class A Common Stock.
/s/ Shawn M. Soderberg, as attorney-in-fact 03/17/2026
** 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 transactions did Bloom Energy (BE) report for Aman Joshi?

Bloom Energy reported that Chief Commercial Officer Aman Joshi sold 19,944 shares of Class A common stock and received vesting of stock options over 168,750 and 90,000 shares tied to performance-based awards and continued service conditions.

Why did Aman Joshi sell 19,944 Bloom Energy (BE) shares?

The 19,944-share sale was made to cover tax withholding obligations arising from the settlement of restricted stock units. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed discretionarily.

How many Bloom Energy (BE) shares does Aman Joshi hold after these transactions?

Following the reported transactions, Chief Commercial Officer Aman Joshi directly holds 190,521 shares of Bloom Energy Class A common stock. This figure reflects his remaining position after selling 19,944 shares to satisfy tax obligations tied to restricted stock unit settlement.

What stock options did Aman Joshi receive or vest at Bloom Energy (BE)?

Joshi reported vesting of stock options over 168,750 shares at a $9.08 exercise price and 90,000 shares at $11.90. These options are tied to earlier grants where second-year performance criteria exceeded target, yielding a 150% payout for that installment.

Were Aman Joshi’s Bloom Energy (BE) share sales part of a trading plan?

Yes. The footnotes state that the 19,944-share sale was executed under a Rule 10b5-1 trading plan adopted on November 26, 2025. Such plans pre-schedule trades, making them more routine and less indicative of short-term market views.

At what prices did Aman Joshi’s Bloom Energy (BE) share sale occur?

The filing reports a weighted average sale price of $154.85 per share. Footnotes explain the 19,944 shares were sold in multiple transactions at prices ranging from $150.58 to $161.47, with detailed breakdowns available on request to relevant parties.
Bloom Energy

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