Form 4: Bloom Energy COO Satish Chitoori Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Satish Chitoori, Chief Operations Officer of Bloom Energy Corp, sold 1,020 shares of Class A Common Stock on March 17, 2025, to cover tax withholding obligations.
Summary
- Satish Chitoori, the Chief Operations Officer of Bloom Energy Corp, reported a transaction involving the sale of company stock.
- On March 17, 2025, Chitoori sold 1,020 shares of Class A Common Stock at a weighted average price of $25.09 per share.
- The sale was executed to cover tax withholding obligations incurred upon the settlement of restricted stock units.
- Following the transaction, Chitoori directly owns 178,656 shares of Bloom Energy Corp.
- The shares were sold in multiple transactions at prices ranging from $24.95 to $25.20.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (stock sale for tax obligations) and doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who buy or sell shares of their company's stock. It provides transparency into the transactions of key personnel.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock sale transaction |
| 03/18/2025 | Date of signature on the Form 4 filing |
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