Pinkus Gary S 4
Research Summary
AI-generated summary
Bloom Energy (BE) Director Gary Pinkus Receives RSU Award
What Happened
Gary S. Pinkus, a director of Bloom Energy Corporation (BE), received an award of 9,877 restricted stock units (RSUs) on May 14, 2025. The filing reports the grant as an award/acquisition (code A) at $0.00 per share (typical for equity awards — not an open-market purchase or sale). This is a grant of future shares rather than an immediate purchase or disposition.
Key Details
- Transaction date: 2025-05-14; Form 4 filed: 2026-04-02 (filing appears late relative to the transaction).
- Grant: 9,877 RSUs; reported price $0.00 (award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs granted under the 2018 Equity Incentive Plan; they vest on the date of the next annual stockholder meeting provided Pinkus remains in service, and vested shares will be delivered on January 1, 2027 under the 2021 Deferred Compensation Plan. (See footnote F1.)
- Filing timeliness: The Form 4 was submitted many months after the transaction date; insiders are generally required to file Form 4 within two business days of the reportable transaction, so the late filing may be noted by investors and regulators.
Context
RSU grants are a form of compensation tied to future delivery of shares if vesting conditions are met; they are not an immediate buy/sell signal. Because delivery is deferred and conditioned on continued service, these awards primarily reflect compensation practices rather than near-term insider buying or selling.