Bloom Energy (BE) chief defers 300,000-share award to 2030
Rhea-AI Filing Summary
Bloom Energy Corp’s Chairman and CEO Sridhar KR reported the acquisition of 300,000 shares of Class A common stock on February 27, 2026 through the vesting of previously granted performance-based stock units. The award carried a reported price per share of $0.00, reflecting an equity grant rather than an open-market purchase.
The 300,000 PSUs were originally granted on December 18, 2024 and became earned once specific strategic objectives were certified as achieved. Sridhar KR has elected to defer receipt of these 300,000 vested units until January 1, 2030 under the company’s 2021 Deferred Compensation Plan, while also reporting additional indirect holdings by trusts.
Positive
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Insider Trade Summary
Net Buyer: 300,000 shares
Net Buy
4 txns
Insider
Sridhar KR
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 300,000 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,489,869 shares (Direct);
Class A Common Stock — 2,231,956 shares (Indirect, By trusts)
Footnotes (1)
- F1. On December 18, 2024, the Reporting Person was awarded a one-time grant of 300,000 performance-based stock units ("PSUs") which were eligible to be earned and vest upon certification that the Reporting Person had achieved specific objective criteria tied to strategic priorities by December 31, 2027. On February 27, 2026, it was determined that the Reporting Person had achieved these specific objectives and the 300,000 PSUs vested. The Reporting Person has elected to defer receipt of the 300,000 PSUs until January 1, 2030, pursuant to the terms of the Issuer's 2021 Deferred Compensation Plan.
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FAQ
What insider transaction did Bloom Energy (BE) report for its CEO?
Bloom Energy’s CEO Sridhar KR reported acquiring 300,000 Class A shares via performance-based stock units vesting on February 27, 2026. These PSUs were granted in December 2024 and tied to specific strategic objectives before vesting as Class A common stock.
When were the performance-based stock units for Bloom Energy’s CEO granted and vested?
Sridhar KR received a one-time grant of 300,000 performance-based stock units on December 18, 2024. These units became earned and vested on February 27, 2026, after certification that he achieved specific objective criteria tied to strategic priorities before the stated deadline.
What conditions were attached to Bloom Energy CEO’s 300,000 performance stock units?
The 300,000 PSUs were eligible to be earned only if Sridhar KR met specific objective criteria tied to strategic priorities by December 31, 2027. On February 27, 2026, it was determined these objectives were achieved, triggering vesting into Class A common stock.
Did Bloom Energy’s CEO defer receipt of his vested performance stock units?
Yes. Sridhar KR elected to defer receipt of the 300,000 vested performance-based stock units until January 1, 2030. This deferral is made under Bloom Energy’s 2021 Deferred Compensation Plan, affecting when he will actually receive the corresponding Class A shares.