Bloom Energy (BE) director John T. Chambers receives 1,063-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHAMBERS JOHN T reported acquisition or exercise transactions in this Form 4 filing.
Bloom Energy Corp director John T. Chambers reported an equity award and updated holdings. He received 1,063 shares of Class A Common Stock as a grant, with no cash paid per share. Following this grant, he holds 138,887 shares directly and 293,333 shares indirectly through JCEP Investments, LLC.
The footnotes explain that the award represents restricted stock units granted under Bloom Energy’s 2018 Equity Incentive Plan. These RSUs will vest on the date of the next annual stockholder meeting, subject to his continued service, and vested shares will be delivered on January 1, 2029 under the 2021 Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CHAMBERS JOHN T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,063 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 138,887 shares (Direct);
Class A Common Stock — 293,333 shares (Indirect, By LLC)
Footnotes (1)
- Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. The RSUs will vest on the date of the next annual stockholder meeting, subject to the Reporting Person's continued service through the vesting date. Vested shares will be delivered to the Reporting Person on January 1, 2029 pursuant to the terms of the Bloom Energy Corporation 2021 Deferred Compensation Plan. Held by JCEP Investments, LLC of which the reporting person is the managing member.
Key Figures
RSU grant size: 1,063 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 138,887 shares
+2 more
5 metrics
RSU grant size
1,063 shares
Restricted stock units granted to John T. Chambers
Grant price per share
$0.0000 per share
Class A Common Stock award price
Direct holdings after grant
138,887 shares
Class A Common Stock held directly by Chambers
Indirect holdings after update
293,333 shares
Class A Common Stock held via JCEP Investments, LLC
RSU delivery date
January 1, 2029
Scheduled delivery of vested shares under Deferred Compensation Plan
Key Terms
Restricted stock units ("RSUs"), 2018 Equity Incentive Plan, Deferred Compensation Plan, indirect ownership
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2018 Equity Incentive Plan financial
"RSUs granted under the Bloom Energy Corporation 2018 Equity Incentive Plan."
Deferred Compensation Plan financial
"Vested shares will be delivered to the Reporting Person on January 1, 2029 pursuant to the terms of the Bloom Energy Corporation 2021 Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
indirect ownership financial
"Held by JCEP Investments, LLC of which the reporting person is the managing member."
FAQ
What insider activity did Bloom Energy (BE) report for John T. Chambers?
Bloom Energy reported an equity grant to director John T. Chambers. He received 1,063 shares of Class A Common Stock as a compensation award, with no purchase price, and his direct and indirect ownership totals were updated accordingly.
What are the terms of John T. Chambers’ new RSU award from Bloom Energy (BE)?
The award consists of restricted stock units granted under Bloom Energy’s 2018 Equity Incentive Plan. The RSUs vest on the date of the next annual stockholder meeting, contingent on continued service, with vested shares to be delivered on January 1, 2029 under the 2021 Deferred Compensation Plan.
How are John T. Chambers’ indirect Bloom Energy (BE) holdings structured?
His indirect holdings are reported as 293,333 Class A shares held by JCEP Investments, LLC. A footnote explains that the reporting person is the managing member of this LLC, and the shares are therefore reported as indirect ownership on the Form 4.