Joshi Aman 4
4 · Bloom Energy Corp · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Bloom Energy CCO Aman Joshi Sells Shares, Receives Option Vesting
What Happened
Aman Joshi, Chief Commercial Officer of Bloom Energy (BE), sold 19,944 shares in an open-market transaction on 2026-03-16 for a total of $3,088,328 (weighted average $154.85). On 2026-03-15 Joshi reported acquisition of 168,750 and 90,000 shares as derivative awards (reported at $0.00), reflecting vesting of previously granted performance-based option awards.
Key Details
- Transactions reported: sale on 2026-03-16 (S) and awards/acquisitions on 2026-03-15 (A). Filing date: 2026-03-17 (Form 4 accession 0001193125-26-111631). Filing appears timely.
- Sale specifics: 19,944 shares sold for a weighted average price of $154.85; sale proceeds $3,088,328. Footnote F2 shows individual sale prices ranged $150.58–$161.47.
- Awards/acquisitions: 168,750 and 90,000 shares reported as derivative acquisitions at $0.00 (total 258,750). These reflect vesting of performance-based options (see F3 and F4).
- Footnotes of note: F1 — the sale was to cover tax withholding upon RSU settlement and was effected under a Rule 10b5-1 trading plan adopted Nov 26, 2025. F3/F4 — options granted in 2024 vested at 150% of target after the Compensation Committee’s determination on Feb 19, 2026.
- Shares owned after transaction: not specified in the information provided in this summary.
Context
The derivative entries reflect performance-based option vesting (not a new open-market purchase). The sale was a routine disposition to cover tax withholding, executed under a pre-established 10b5-1 plan; such sales are commonly administrative rather than a directional bet. Retail investors should view the award vesting as compensation-related and the sale as tax-management rather than a clear buy/sell signal.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-16$154.85/sh−19,944$3,088,328→ 190,521 total - Award
Stock Option (Right to Buy)
[F3]2026-03-15+168,750→ 302,022 totalExercise: $9.08From: 2026-03-15Exp: 2034-03-01→ Common Stock (168,750 underlying) - Award
Stock Option (Right to Buy)
[F4]2026-03-15+90,000→ 180,000 totalExercise: $11.90From: 2026-03-15Exp: 2034-08-29→ Common Stock (90,000 underlying)
Footnotes (4)
- [F1]Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2025.
- [F2]The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $150.58 to $161.47. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F3]On March 1, 2024, the Reporting Person was granted an option to purchase 450,000 shares of the Company's Class A Common Stock. The option vests in four annual installments based on the Reporting Person's satisfaction of certain performance criteria, and subject to the Reporting Person's continued service through each applicable vesting date. The performance criteria for the second installment exceeded target as determined by the Compensation Committee on February 19, 2026, which resulted in a payout of 150% of target, resulting in the vesting of the option to purchase 168,750 shares of the Company's Class A Common Stock.
- [F4]On August 29, 2024, the Reporting Person was granted an option to purchase 180,000 shares of the Company's Class A Common Stock. The option vests in three annual installments based on the Reporting Person's satisfaction of certain performance criteria, and subject to the Reporting Person's continued service through each applicable vesting date. The performance criteria for the second installment exceeded target as determined by the Compensation Committee on February 19, 2026, which resulted in a payout of 150% of target, resulting in the vesting of the option to purchase 90,000 shares of the Company's Class A Common Stock.