SODERBERG SHAWN MARIE 4
Research Summary
AI-generated summary
Bloom Energy CLO Shawn Soderberg Sells 3,332 Shares
What Happened
Shawn M. Soderberg, Chief Legal Officer and Corporate Secretary of Bloom Energy Corp (BE), sold 3,332 shares in an open-market or private sale on February 17, 2026. The weighted average sale price was $139.56 per share, resulting in gross proceeds of approximately $465,014. According to the filing, the shares were sold to cover tax withholding obligations arising upon settlement of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
- Transaction type/code: Sale (S).
- Shares sold: 3,332; weighted average price: $139.56; total proceeds ≈ $465,014.
- Price range: shares sold in multiple transactions at $134.17 to $144.45 (per footnote).
- Reason: sale to cover tax withholding on RSU settlement (Footnote F1).
- Footnote F3: filing notes acquisition of 1,570 shares under the company's ESPP on Feb 14, 2026.
- Footnote F4: some holdings are held by The Shawn M. Soderberg 2005 Trust, of which she is trustee.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Exhibit: 24.1 Power of Attorney included.
Context
Sales to cover tax withholding for vested RSUs are common and typically routine; they do not necessarily signal the insider's view on the company's stock. This was a straight sale to meet a tax obligation rather than a disclosed opportunistic purchase or a 10% owner transaction.