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BE Form 4: CLO Shawn Soderberg sells shares to cover taxes; retains 622,680 total

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

Rhea-AI Filing Summary

Insider transaction summary: Bloom Energy Corp (BE) Chief Legal Officer and Corporate Secretary Shawn M. Soderberg sold 1,465 shares of Class A common stock on 08/18/2025 at a weighted average price of $46.35 per share to satisfy tax withholding on settled restricted stock units. After the sale, Ms. Soderberg directly beneficially owns 225,949 shares and indirectly holds 396,731 shares through The Shawn M. Soderberg 2005 Trust, where she is trustee.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A small, routine insider sale to cover taxes; ownership remains substantial and unchanged in strategic terms.

The reported sale of 1,465 shares at a weighted average of $46.35 reflects a tax-withholding disposition tied to restricted stock unit settlement rather than a discretionary cash-raising sale. Post-transaction, combined direct and indirect holdings total 622,680 shares, indicating continued alignment with shareholder interests. This transaction is informational for liquidity tracking but not materially dilutive or signaling a change in executive commitment.

TL;DR: Transaction consistent with routine plan administration; no governance red flags disclosed.

The filing identifies the sale as occurring to cover tax obligations and discloses indirect holdings via a revocable trust for which the reporting person is trustee. Required Form 4 disclosures are complete with price range details noted in the explanation. There are no indications of unusual timing, related-party transfers, or plan-rule exceptions in the provided text.

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*
SODERBERG SHAWN MARIE

(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)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
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 08/18/2025 S(1) 1,465 D $46.35(2) 225,949 D
Class A Common Stock 396,731 I By trust(3)
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 $45.28 to $47.00. 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. Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.
Remarks:
Chief Legal Officer and Corporate Secretary
/s/ Shawn M. Soderberg 08/20/2025
** 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 insider Shawn M. Soderberg do on 08/18/2025?

She sold 1,465 shares of Class A common stock to cover tax withholding obligations related to restricted stock unit settlement.

At what price were the shares sold in the Form 4 for BE?

The sale reported a weighted average price of $46.35 per share, with individual sale prices ranging from $45.28 to $47.00.

How many Bloom Energy shares does Shawn M. Soderberg own after the transaction?

She directly beneficially owns 225,949 shares and indirectly holds 396,731 shares through a trust, totaling 622,680 shares.

Why were the shares sold according to the Form 4?

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

What trust holds indirect shares for the reporting person?

The indirect shares are held by The Shawn M. Soderberg 2005 Trust, of which the reporting person is the trustee.
Bloom Energy

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