CHAMBERS JOHN T 4
Research Summary
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Bloom Energy Director John T. Chambers Sells 55,000 Shares
What Happened John T. Chambers, a director of Bloom Energy Corp (BE), disposed of 55,000 shares on May 28, 2026 in open‑market sales for total proceeds of $16,372,950. The weighted average sale price was $297.69 per share (individual trades ranged from $286.91 to $305.76). The sales were executed under a Rule 10b5-1 trading plan established February 26, 2026.
Key Details
- Transaction date: 2026-05-28; filing date: 2026-06-03 (appears later than the typical two-business-day Form 4 deadline).
- Shares sold: 55,000; weighted average price: $297.69; price range: $286.91–$305.76; total proceeds: $16,372,950.
- Shares were held indirectly by JC2 Investments, LLC (formerly JCEP Investments, LLC), of which Chambers is the managing member.
- Footnote notes the sale was pursuant to a 10b5-1 plan (adopted Feb 26, 2026) and that detailed per‑price breakdowns can be provided to the SEC staff on request.
- The filing does not state the reporting person’s remaining shares owned after the sale.
Context This was a planned sale under a pre-established 10b5-1 plan (common for insiders to schedule sales); such sales are generally considered routine and should not be taken alone as a signal of company performance. The filing’s later date may be noteworthy for investors tracking insider reporting timeliness.