Form 4: Bloom Energy Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Shawn Marie Soderberg, Chief Legal Officer and Corporate Secretary of Bloom Energy Corp, sold 1,160 shares of Class A Common Stock on May 16, 2024, to cover tax withholding obligations.
Summary
- On May 16, 2024, Shawn Marie Soderberg, Chief Legal Officer and Corporate Secretary of Bloom Energy Corp, sold 1,160 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations incurred upon the settlement of restricted stock units (RSUs).
- The shares were sold at a weighted average price of $12.17, with individual transactions ranging from $11.99 to $12.36.
- Following the transaction, Soderberg directly owns 166,843 shares of Class A Common Stock.
- Soderberg also indirectly owns 396,731 shares through The Shawn M. Soderberg 2005 Trust, for which she serves as trustee.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an executive stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations; this transaction appears to be related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of Earliest Transaction |
| 05/16/2024 | Date of stock sale transaction |
| 05/17/2024 | Date of signature on the SEC Form 4 |
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