Form 4: Bloom Energy Officer Sells Shares for Tax Obligations

Bloom Energy's Chief Legal Officer, Shawn Marie Soderberg, reported sales of Class A Common Stock totaling 4,316 shares to cover tax withholding obligations.

Summary

• Shawn Marie Soderberg, Chief Legal Officer and Corporate Secretary of Bloom Energy Corp (BE), reported transactions involving Class A Common Stock.
• On November 14, 2025, Soderberg sold 2,733 shares of Class A Common Stock at a weighted average price of $108.26 per share.
• On November 17, 2025, an additional 1,583 shares of Class A Common Stock were sold at a weighted average price of $105.97 per share.
• The sales were conducted to cover tax withholding obligations incurred upon the settlement of restricted stock units.
• Following these transactions, Soderberg directly beneficially owns 221,633 shares of Class A Common Stock.
• Additionally, 396,731 shares of Class A Common Stock are indirectly beneficially owned by The Shawn M. Soderberg 2005 Trust, of which Soderberg is the trustee.

Sentiment

Score: 5

Explanation: The filing reports routine, non-discretionary sales by an officer to cover tax obligations, which is a neutral event in terms of company performance or outlook.

Future Outlook

NA

Management Comments

• Sales were made to cover tax withholding obligations incurred upon settlement of restricted stock units.

Industry Context

NA

Related Party Transactions

• 396,731 shares of Class A Common Stock are indirectly beneficially owned by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.

Stakeholder Impact

• Shareholders: Minor impact as these are routine, non-discretionary sales for tax purposes, not indicative of a change in management's view of the company's prospects.

Key Dates

Recommendation

The reported sales by Shawn Marie Soderberg are explicitly stated to cover tax withholding obligations from restricted stock unit settlements. These are routine, non-discretionary transactions and do not reflect a change in the company's fundamentals or the officer's long-term view. Therefore, the filing itself does not provide a basis for altering an existing investment thesis, leading to a 'hold' recommendation based solely on this information.

Keywords

Bloom Energy, BE, Form 4, Insider Transaction, Stock Sale, Shawn Soderberg, Tax Withholding, Restricted Stock Units