STOCK TITAN

BE Form 4: Officer sale of 400 shares to cover RSU taxes at ~$71

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

Rhea-AI Filing Summary

Bloom Energy Corp (BE) officer Chitoori Satish sold 400 shares of Class A common stock on 09/16/2025 at a weighted average price of $71.16 per share to cover tax withholding from the settlement of restricted stock units. After the sale, the reporting person beneficially owned 231,965 shares reported as direct ownership. The Form 4 was signed by an attorney-in-fact on 09/18/2025 and includes a note that the shares were sold in multiple transactions at prices ranging from $70.63 to $71.20.

Positive

  • Disclosure compliance: The Form 4 reports the transaction and provides pricing details and an explanatory note.
  • Transaction purpose disclosed: Sale was explicitly to cover tax withholding from settled restricted stock units.

Negative

  • None.

Insights

Routine, non-material insider sale to meet tax obligations; disclosure is complete and precise.

The filing documents a small-scale disposition of 400 Class A shares by a named officer to satisfy tax withholding on settled restricted stock units. The weighted average sale price of $71.16 and the disclosed range ($70.63–$71.20) provide clear pricing context. The remaining beneficial ownership of 231,965 shares is stated, allowing investors to track insider stake changes. This appears to be administrative and not a strategic divestiture.

Disclosure aligns with Section 16 requirements; transaction appears procedural rather than signaling a change in insider conviction.

The Form 4 indicates timely reporting and specifies the sale was solely to cover tax withholding from RSU settlement, which is a common insider practice. The form includes the attorney-in-fact signature and an explanation of the multiple sale prices, addressing likely SEC staff follow-up. No indication of other derivative activity or change in officer status is present in the filing.

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).
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)
09/16/2025
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 09/16/2025 S(1) 400 D $71.16(2) 231,965 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 $70.63 to $71.20. 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-fact 09/18/2025
** 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 did Bloom Energy officer Chitoori Satish do on 09/16/2025 (BE)?

The officer sold 400 Class A shares on 09/16/2025 at a weighted average price of $71.16 per share.

Why were shares sold by the reporting person in the Form 4 for BE?

The filing states the sale was to cover tax withholding obligations incurred upon settlement of restricted stock units.

How many BE shares does the reporting person own after the transaction?

The reporting person beneficially owned 231,965 shares following the reported transaction.

Were the shares sold at a single price in the BE Form 4?

No. The filing reports a weighted average price of $71.16 and notes sales occurred at prices ranging from $70.63 to $71.20.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Shawn M. Soderberg, as attorney-in-fact on 09/18/2025.
Bloom Energy

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