STOCK TITAN

Bloom Energy (NYSE: BE) COO sells 2,111 shares under Rule 10b5-1 plan

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

Rhea-AI Filing Summary

Bloom Energy Corp Chief Operations Officer Satish Chitoori sold 2,111 shares of Class A common stock in an open-market transaction on May 14, 2026 at a weighted average price of $288.24 per share. According to the disclosure, the sale was made to cover tax withholding obligations arising from the settlement of restricted stock units and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 28, 2025. After this sale, Chitoori directly holds 210,254 shares of Bloom Energy common stock.

Positive

  • None.

Negative

  • None.
Insider Chitoori Satish
Role Chief Operations Officer
Sold 2,111 shs ($608K)
Type Security Shares Price Value
Sale Class A Common Stock 2,111 $288.24 $608K
Holdings After Transaction: Class A Common Stock — 210,254 shares (Direct, null)
Footnotes (1)
  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. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $283.80 to $291.53. 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 2,111 shares Open-market sale on May 14, 2026
Weighted average sale price $288.24 per share Class A common stock sale
Sale price range $283.80–$291.53 per share Multiple transactions within this range
Shares held after transaction 210,254 shares Direct ownership following sale
10b5-1 plan adoption date November 28, 2025 Plan governing the May 14, 2026 sale
restricted stock units financial
"tax withholding obligation incurred upon settlement of restricted stock units effected pursuant to a Rule 10b5-1"
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.
Rule 10b5-1 trading plan financial
"effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2025"
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.
weighted average sale price financial
"The price reported represents the weighted average sale price per share. The shares were sold"
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)
05/14/2026
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
Class A Common Stock05/14/2026S(1)2,111D$288.24(2)210,254D
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 $283.80 to $291.53. 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-fact05/18/2026
** 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)

FAQ

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

Bloom Energy reported that COO Satish Chitoori sold 2,111 shares of Class A common stock. The sale occurred on May 14, 2026 at a weighted average price of $288.24 per share, as disclosed in a Form 4 insider trading report.

Why did Bloom Energy COO Satish Chitoori sell 2,111 BE shares?

The 2,111-share sale by COO Satish Chitoori was made to cover tax withholding obligations from restricted stock unit settlement. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 28, 2025, indicating a planned, compensation-related sale.

At what price did Satish Chitoori sell Bloom Energy (BE) stock?

Satish Chitoori sold 2,111 Bloom Energy shares at a weighted average price of $288.24. The filing notes multiple trades within a range of $283.80 to $291.53 per share, and offers to provide exact breakdowns upon request to regulators or shareholders.

How many Bloom Energy (BE) shares does Satish Chitoori hold after the sale?

After selling 2,111 shares, COO Satish Chitoori directly holds 210,254 shares of Bloom Energy Class A common stock. This remaining position, reported in the Form 4, shows he continues to own a substantial number of shares following the tax-related sale.

Was the Bloom Energy (BE) insider sale under a Rule 10b5-1 plan?

Yes. The Form 4 states that Satish Chitoori’s 2,111-share sale was effected under a Rule 10b5-1 trading plan. That plan was adopted on November 28, 2025, indicating the sale was pre-scheduled rather than an ad hoc market-timing decision.

What does the price range mean in the Bloom Energy (BE) Form 4 filing?

The Form 4 lists a weighted average sale price of $288.24, with trades executed between $283.80 and $291.53. This means the 2,111 shares were sold in multiple transactions within that range, and detailed trade-by-trade prices are available upon request.