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Bloom Energy (BE) COO sells 1,521 shares to cover tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bloom Energy Corp Chief Operations Officer Satish Chitoori reported an open-market sale of 1,521 shares of Class A common stock on February 17, 2026 at a weighted average price of $139.37 per share.

The sale was made to cover tax withholding obligations from restricted stock unit settlement. After the transaction, he directly owned 230,017 shares, which includes 2,089 shares acquired under the company’s 2018 Employee Stock Purchase Plan on February 14, 2026.

Positive

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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*
Chitoori Satish

(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 Operations Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 S(1) 1,521 D $139.37(2) 230,017(3) 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
Explanation of Responses:
1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units.
2. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $133.67 to $144.74. 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. Includes an aggregate of 2,089 shares acquired by the Reporting Person under the Issuer's Amended and Restated 2018 Employee Stock Purchase Plan on February 14, 2026.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Shawn M. Soderberg, as attorney-in-fact 02/19/2026
** 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 transaction did Bloom Energy (BE) COO Satish Chitoori report?

Satish Chitoori reported selling 1,521 shares of Bloom Energy Class A common stock. The transaction occurred on February 17, 2026, and was an open-market sale made primarily to cover tax withholding obligations from the settlement of restricted stock units previously granted to him.

How many Bloom Energy (BE) shares did the COO sell and at what price?

He sold 1,521 shares of Class A common stock at a weighted average price of $139.37 per share. Footnotes state the shares were sold in multiple trades, with actual transaction prices ranging from $133.67 to $144.74 across those individual sales.

Why did Bloom Energy (BE) COO Satish Chitoori sell 1,521 shares?

The filing explains the sale was executed to satisfy tax withholding obligations incurred when restricted stock units settled. This means part of his equity award was effectively sold to cover taxes due, rather than representing a discretionary reduction of his overall economic exposure.

How many Bloom Energy (BE) shares does the COO own after this sale?

After the reported sale, Satish Chitoori directly owned 230,017 shares of Bloom Energy Class A common stock. This figure includes 2,089 shares he acquired under Bloom Energy’s Amended and Restated 2018 Employee Stock Purchase Plan on February 14, 2026, prior to the sale.

What price range did Bloom Energy (BE) COO’s share sales cover?

The weighted average sale price was $139.37 per share, but individual trades occurred between $133.67 and $144.74. The filing notes that full details of how many shares traded at each specific price level are available upon request from the company, regulators, or security holders.

Did Bloom Energy (BE) COO acquire any shares around the time of the sale?

Yes. Footnotes state he acquired an aggregate 2,089 shares on February 14, 2026, under Bloom Energy’s Amended and Restated 2018 Employee Stock Purchase Plan. These ESPP shares are included in his 230,017 total direct holdings reported after the February 17, 2026 sale.
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