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Bloom Energy (BE) chief defers 300,000-share award to 2030

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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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*
Sridhar KR

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 A 300,000(1) A $0 2,489,869 D
Class A Common Stock 1,144,456 I By trusts
Class A Common Stock 584,448 I By trusts
Class A Common Stock 503,052 I By trusts
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. 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.
/s/ Shawn M. Soderberg, as attorney-in-fact 03/03/2026
** 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) 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.

How many Bloom Energy shares were involved in Sridhar KR’s recent Form 4?

The Form 4 shows 300,000 Class A common shares acquired by Sridhar KR through vested performance-based stock units. The transaction price is listed as $0.00 per share, indicating a compensation-related equity award rather than a market purchase of Bloom Energy 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.

What are Sridhar KR’s reported direct and indirect Bloom Energy share holdings?

After the reported acquisition, Sridhar KR directly holds 2,489,869 Bloom Energy Class A shares. The filing also lists indirect holdings by trusts, including reported totals of 1,144,456 shares, 584,448 shares, and 503,052 shares, reflecting additional beneficial interests held through trust structures.
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