Form 4: Bloom Energy COO Sells Shares to Cover Tax Obligations

Satish Chitoori, Chief Operations Officer of Bloom Energy Corp, sold 2,038 shares of Class A Common Stock on May 14, 2025, to cover tax withholding obligations.

Summary

• On May 14, 2025, Satish Chitoori, the Chief Operations Officer of Bloom Energy Corp, sold 2,038 shares of Class A Common Stock.
• The sale was executed to cover tax withholding obligations incurred upon the settlement of restricted stock units.
• The shares were sold at a weighted average price of $19.73, with individual transactions ranging from $19.49 to $19.99.
• Following the transaction, Chitoori directly owns 176,618 shares of Bloom Energy Corp.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, which is a normal part of executive compensation. It doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine transaction for executives to cover tax obligations related to stock-based compensation. It's a common practice and doesn't necessarily indicate a change in the executive's confidence in the company.

Key Dates

Keywords

Bloom Energy, Satish Chitoori, Form 4, Share Sale, Tax Obligations, Class A Common Stock, Restricted Stock Units, SEC Filing