CHAMBERS JOHN T 4
Research Summary
AI-generated summary
Bloom Energy (BE) Director John Chambers Receives RSU Award
What Happened
John T. Chambers, a director of Bloom Energy Corp (BE), was granted 9,877 restricted stock units (RSUs) on May 14, 2025. The RSUs were granted at $0.00 (reported acquisition value $0) under the Bloom Energy Corporation 2018 Equity Incentive Plan. Vesting is conditioned on continued service and is scheduled for the date of the next annual stockholder meeting; any vested shares will be delivered on January 1, 2028 under the company’s 2021 Deferred Compensation Plan. This is an equity award (not an open‑market purchase or sale).
Key Details
- Transaction date: 2025-05-14 (Grant of RSUs; SEC Code A)
- Reported acquisition: 9,877 RSUs at $0.00 (total reported value $0)
- Form 4 filed: 2026-04-02 (the report was filed late relative to the transaction date)
- Vesting/delivery: RSUs vest at the next annual stockholder meeting subject to continued service; vested shares delivered Jan 1, 2028 (footnote F1)
- Holdings note: Filing references JCEP Investments, LLC (Chambers is the managing member) for certain holdings (footnote F2)
- Shares owned after transaction: not specified in the filing
- Exhibit: 24.1 Power of Attorney included with the filing
Context
RSUs are a form of compensation that convert to shares when they vest; they do not require immediate cash and are common for directors and executives. Because this was an award rather than a market purchase or sale, it’s a compensation event—not a direct market vote by the insider. The late filing delays public visibility into the grant; timeliness issues don’t necessarily indicate market materiality but reduce transparency for investors.
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