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[Form 4] Upexi, Inc. Insider Trading Activity

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Form Type
4
Rhea-AI Filing Summary

Bloom Energy Corp. (BE) – Form 144 filing: Insider Daniel Berenbaum has notified the SEC of his intent to sell 8,000 common shares through Morgan Stanley Smith Barney on 24 Jul 2025. The proposed sale is valued at $262,850, implying an indicative price of roughly $32.86 per share.

The filing also discloses that Berenbaum has already disposed of 48,300 shares over the last three months in eight separate transactions, generating aggregate gross proceeds of approximately $1.02 million. Recent sales include 6,000 shares on 9 Jul 2025 ($168k) and 14,889 shares on 21 May 2025 ($276.9k). No relationship to the issuer is specified in the form, and the signer affirms possession of no undisclosed material adverse information.

While Form 144 only signals an intention to sell and not a completed transaction, investors often view continued insider liquidation—especially following significant recent sales—as a potential negative sentiment indicator.

Bloom Energy Corp. (BE) – Comunicazione Modulo 144: L'insider Daniel Berenbaum ha informato la SEC della sua intenzione di vendere 8.000 azioni ordinarie tramite Morgan Stanley Smith Barney il 24 luglio 2025. La vendita proposta ha un valore stimato di 262.850 dollari, con un prezzo indicativo di circa 32,86 dollari per azione.

Il modulo rivela inoltre che Berenbaum ha già ceduto 48.300 azioni negli ultimi tre mesi attraverso otto transazioni separate, realizzando un ricavo lordo complessivo di circa 1,02 milioni di dollari. Tra le vendite recenti figurano 6.000 azioni il 9 luglio 2025 (168.000 dollari) e 14.889 azioni il 21 maggio 2025 (276.900 dollari). Nel modulo non è specificata alcuna relazione con l'emittente e il firmatario dichiara di non possedere informazioni materiali negative non divulgate.

Pur trattandosi di una semplice comunicazione d’intenzione e non di una transazione conclusa, gli investitori spesso interpretano continue vendite da parte degli insider — specialmente dopo vendite significative recenti — come un possibile segnale di sentiment negativo.

Bloom Energy Corp. (BE) – Presentación del Formulario 144: El insider Daniel Berenbaum ha notificado a la SEC su intención de vender 8,000 acciones comunes a través de Morgan Stanley Smith Barney el 24 de julio de 2025. La venta propuesta tiene un valor estimado de $262,850, lo que implica un precio indicativo de aproximadamente $32.86 por acción.

El formulario también revela que Berenbaum ya ha vendido 48,300 acciones en los últimos tres meses en ocho transacciones separadas, generando ingresos brutos totales de aproximadamente $1.02 millones. Entre las ventas recientes se incluyen 6,000 acciones el 9 de julio de 2025 ($168k) y 14,889 acciones el 21 de mayo de 2025 ($276.9k). No se especifica ninguna relación con el emisor en el formulario, y el firmante afirma no poseer información material adversa no divulgada.

Aunque el Formulario 144 solo indica la intención de vender y no una transacción completada, los inversores suelen interpretar la continua liquidación por parte de insiders —especialmente tras ventas recientes significativas— como un posible indicador de sentimiento negativo.

Bloom Energy Corp. (BE) – Form 144 제출: 내부자 Daniel Berenbaum이 2025년 7월 24일 Morgan Stanley Smith Barney를 통해 8,000 보통주를 매도할 의사를 SEC에 통보했습니다. 제안된 매도 가치는 262,850 달러로, 주당 약 32.86 달러의 예상 가격을 의미합니다.

해당 제출서에는 Berenbaum이 지난 3개월 동안 8건의 별도 거래를 통해 이미 48,300주를 처분했으며, 총 매출액은 약 102만 달러에 달한다고 기재되어 있습니다. 최근 매도 내역으로는 2025년 7월 9일 6,000주(168,000 달러)와 2025년 5월 21일 14,889주(276,900 달러)가 포함됩니다. 제출서에는 발행자와의 관계가 명시되어 있지 않으며, 서명자는 미공개 중대한 부정적 정보가 없음을 확인했습니다.

Form 144는 매도 의사만을 나타내며 완료된 거래를 의미하지는 않지만, 투자자들은 특히 최근 큰 매도 이후 지속적인 내부자 매도는 부정적인 시장 심리 신호로 볼 수 있습니다.

Bloom Energy Corp. (BE) – Dépôt du formulaire 144 : L'initié Daniel Berenbaum a informé la SEC de son intention de vendre 8 000 actions ordinaires via Morgan Stanley Smith Barney le 24 juillet 2025. La vente proposée est estimée à 262 850 $, ce qui implique un prix indicatif d'environ 32,86 $ par action.

Le dépôt révèle également que Berenbaum a déjà cédé 48 300 actions au cours des trois derniers mois lors de huit transactions distinctes, générant un produit brut total d'environ 1,02 million de dollars. Parmi les ventes récentes figurent 6 000 actions le 9 juillet 2025 (168 000 $) et 14 889 actions le 21 mai 2025 (276 900 $). Aucune relation avec l'émetteur n'est spécifiée dans le formulaire, et le signataire affirme ne pas détenir d'informations défavorables importantes non divulguées.

Bien que le formulaire 144 ne signale qu'une intention de vendre et non une transaction réalisée, les investisseurs considèrent souvent que la liquidation continue par les initiés — surtout après des ventes récentes importantes — peut être un indicateur de sentiment négatif.

Bloom Energy Corp. (BE) – Form 144 Einreichung: Insider Daniel Berenbaum hat der SEC seine Absicht mitgeteilt, am 24. Juli 2025 über Morgan Stanley Smith Barney 8.000 Stammaktien zu verkaufen. Der vorgeschlagene Verkauf hat einen Wert von 262.850 US-Dollar, was einen indikativen Preis von etwa 32,86 US-Dollar pro Aktie impliziert.

Die Einreichung offenbart außerdem, dass Berenbaum in den letzten drei Monaten bereits 48.300 Aktien in acht separaten Transaktionen veräußert hat und dabei einen Bruttoerlös von rund 1,02 Millionen US-Dollar erzielte. Zu den jüngsten Verkäufen gehören 6.000 Aktien am 9. Juli 2025 (168.000 US-Dollar) und 14.889 Aktien am 21. Mai 2025 (276.900 US-Dollar). Im Formular wird keine Beziehung zum Emittenten angegeben, und der Unterzeichner bestätigt, keine nicht offengelegten wesentlichen negativen Informationen zu besitzen.

Während das Formular 144 nur eine Verkaufsabsicht signalisiert und keine abgeschlossene Transaktion darstellt, interpretieren Investoren fortgesetzte Insider-Verkäufe – insbesondere nach bedeutenden jüngsten Verkäufen – oft als potenzielles negatives Sentiment-Signal.

Positive
  • None.
Negative
  • Insider intends to sell an additional 8,000 BE shares valued at $262,850 on 24 Jul 2025.
  • Seller has already liquidated 48,300 shares (~$1.02 M) in the prior three months, indicating a sustained disposal trend.

Insights

TL;DR: Continued insider selling totalling >56k shares may pressure sentiment; transaction size small vs. 232 M float.

Form 144 reveals another 8,000-share planned sale after 48,300 shares were already sold in the past quarter. Although the absolute value (~$263k) is immaterial to Bloom Energy’s market cap, persistent insider selling can raise questions about management’s outlook or stock valuation. The float is 232 M shares, so dilution is irrelevant; the issue is signalling. Investors should track whether these sales occur under a 10b5-1 plan and any upcoming earnings catalysts that could explain timing.

TL;DR: Pattern of insider disposals elevates perception risk, but no regulatory or operational red flags disclosed.

From a governance-risk standpoint, multiple insider sales over a compressed window can erode investor confidence, especially in pre-profit or high-volatility names like BE. However, the filer certifies no undisclosed adverse information, and the filing itself imposes no operational risk. Impact is therefore reputational, not fundamental, and is moderately negative.

Bloom Energy Corp. (BE) – Comunicazione Modulo 144: L'insider Daniel Berenbaum ha informato la SEC della sua intenzione di vendere 8.000 azioni ordinarie tramite Morgan Stanley Smith Barney il 24 luglio 2025. La vendita proposta ha un valore stimato di 262.850 dollari, con un prezzo indicativo di circa 32,86 dollari per azione.

Il modulo rivela inoltre che Berenbaum ha già ceduto 48.300 azioni negli ultimi tre mesi attraverso otto transazioni separate, realizzando un ricavo lordo complessivo di circa 1,02 milioni di dollari. Tra le vendite recenti figurano 6.000 azioni il 9 luglio 2025 (168.000 dollari) e 14.889 azioni il 21 maggio 2025 (276.900 dollari). Nel modulo non è specificata alcuna relazione con l'emittente e il firmatario dichiara di non possedere informazioni materiali negative non divulgate.

Pur trattandosi di una semplice comunicazione d’intenzione e non di una transazione conclusa, gli investitori spesso interpretano continue vendite da parte degli insider — specialmente dopo vendite significative recenti — come un possibile segnale di sentiment negativo.

Bloom Energy Corp. (BE) – Presentación del Formulario 144: El insider Daniel Berenbaum ha notificado a la SEC su intención de vender 8,000 acciones comunes a través de Morgan Stanley Smith Barney el 24 de julio de 2025. La venta propuesta tiene un valor estimado de $262,850, lo que implica un precio indicativo de aproximadamente $32.86 por acción.

El formulario también revela que Berenbaum ya ha vendido 48,300 acciones en los últimos tres meses en ocho transacciones separadas, generando ingresos brutos totales de aproximadamente $1.02 millones. Entre las ventas recientes se incluyen 6,000 acciones el 9 de julio de 2025 ($168k) y 14,889 acciones el 21 de mayo de 2025 ($276.9k). No se especifica ninguna relación con el emisor en el formulario, y el firmante afirma no poseer información material adversa no divulgada.

Aunque el Formulario 144 solo indica la intención de vender y no una transacción completada, los inversores suelen interpretar la continua liquidación por parte de insiders —especialmente tras ventas recientes significativas— como un posible indicador de sentimiento negativo.

Bloom Energy Corp. (BE) – Form 144 제출: 내부자 Daniel Berenbaum이 2025년 7월 24일 Morgan Stanley Smith Barney를 통해 8,000 보통주를 매도할 의사를 SEC에 통보했습니다. 제안된 매도 가치는 262,850 달러로, 주당 약 32.86 달러의 예상 가격을 의미합니다.

해당 제출서에는 Berenbaum이 지난 3개월 동안 8건의 별도 거래를 통해 이미 48,300주를 처분했으며, 총 매출액은 약 102만 달러에 달한다고 기재되어 있습니다. 최근 매도 내역으로는 2025년 7월 9일 6,000주(168,000 달러)와 2025년 5월 21일 14,889주(276,900 달러)가 포함됩니다. 제출서에는 발행자와의 관계가 명시되어 있지 않으며, 서명자는 미공개 중대한 부정적 정보가 없음을 확인했습니다.

Form 144는 매도 의사만을 나타내며 완료된 거래를 의미하지는 않지만, 투자자들은 특히 최근 큰 매도 이후 지속적인 내부자 매도는 부정적인 시장 심리 신호로 볼 수 있습니다.

Bloom Energy Corp. (BE) – Dépôt du formulaire 144 : L'initié Daniel Berenbaum a informé la SEC de son intention de vendre 8 000 actions ordinaires via Morgan Stanley Smith Barney le 24 juillet 2025. La vente proposée est estimée à 262 850 $, ce qui implique un prix indicatif d'environ 32,86 $ par action.

Le dépôt révèle également que Berenbaum a déjà cédé 48 300 actions au cours des trois derniers mois lors de huit transactions distinctes, générant un produit brut total d'environ 1,02 million de dollars. Parmi les ventes récentes figurent 6 000 actions le 9 juillet 2025 (168 000 $) et 14 889 actions le 21 mai 2025 (276 900 $). Aucune relation avec l'émetteur n'est spécifiée dans le formulaire, et le signataire affirme ne pas détenir d'informations défavorables importantes non divulguées.

Bien que le formulaire 144 ne signale qu'une intention de vendre et non une transaction réalisée, les investisseurs considèrent souvent que la liquidation continue par les initiés — surtout après des ventes récentes importantes — peut être un indicateur de sentiment négatif.

Bloom Energy Corp. (BE) – Form 144 Einreichung: Insider Daniel Berenbaum hat der SEC seine Absicht mitgeteilt, am 24. Juli 2025 über Morgan Stanley Smith Barney 8.000 Stammaktien zu verkaufen. Der vorgeschlagene Verkauf hat einen Wert von 262.850 US-Dollar, was einen indikativen Preis von etwa 32,86 US-Dollar pro Aktie impliziert.

Die Einreichung offenbart außerdem, dass Berenbaum in den letzten drei Monaten bereits 48.300 Aktien in acht separaten Transaktionen veräußert hat und dabei einen Bruttoerlös von rund 1,02 Millionen US-Dollar erzielte. Zu den jüngsten Verkäufen gehören 6.000 Aktien am 9. Juli 2025 (168.000 US-Dollar) und 14.889 Aktien am 21. Mai 2025 (276.900 US-Dollar). Im Formular wird keine Beziehung zum Emittenten angegeben, und der Unterzeichner bestätigt, keine nicht offengelegten wesentlichen negativen Informationen zu besitzen.

Während das Formular 144 nur eine Verkaufsabsicht signalisiert und keine abgeschlossene Transaktion darstellt, interpretieren Investoren fortgesetzte Insider-Verkäufe – insbesondere nach bedeutenden jüngsten Verkäufen – oft als potenzielles negatives Sentiment-Signal.

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*
Williams Thomas Charles

(Last) (First) (Middle)
3030 NORTH ROCKY POINT DRIVE
SUITE 420

(Street)
TAMPA FL 33607

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UPEXI, INC. [ UPXI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2025
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
Common Stock 07/16/2025 A 50,000(1)(3) A $0 50,000 D
Common Stock 07/16/2025 A 50,000(2)(3) A $0 100,000 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. Vests in full 90 days from July 1, 2025.
2. Vests quarterly in equal installments over 12 months beginning July 1, 2025.
3. The shares of Common Stock reported herein were granted pursuant to the Issuer's Equity Incentive Plan.
Remarks:
/s/ Thomas Williams 07/24/2025
** 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 does Bloom Energy's (BE) latest Form 144 disclose?

It signals insider Daniel Berenbaum’s intent to sell 8,000 common shares worth about $262,850 on 24 Jul 2025.

Who is executing the planned BE share sale?

Morgan Stanley Smith Barney LLC, Executive Financial Services, New York.

How many Bloom Energy shares has the insider sold in the last 3 months?

The filing lists 48,300 shares sold between 21 May and 9 Jul 2025, generating roughly $1.02 million.

Does Form 144 guarantee the sale will occur?

No. Form 144 only provides notice of a proposed sale; the insider may choose not to complete it.

What percentage of Bloom Energy’s outstanding shares does 8,000 represent?

With 232,228,606 shares outstanding, the planned sale equals roughly 0.003% of shares outstanding.

Why can insider selling be viewed negatively by investors?

Persistent insider disposals may signal reduced confidence in future share performance, even if not linked to fundamental issues.
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