Bloom Energy (BE) Director Jeffrey R. Immelt Sells 30,000 Shares
$BE · Bloom Energy CorpResearch Summary
AI-generated summary of this SEC filing
Bloom Energy (BE) Director Jeffrey R. Immelt Sells 30,000 Shares
What Happened
Jeffrey R. Immelt, a director of Bloom Energy Corp (BE), sold 30,000 shares in open-market transactions on August 17, 2026, generating total proceeds of $7,167,300. The weighted average sale price was $238.91 per share; individual trade prices ranged from $235.61 to $242.10. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-08-17 (filed on 2026-08-18 — timely filing)
- Transaction type/code: Open-market sale (S)
- Shares sold: 30,000; Weighted average price: $238.91; Total proceeds: $7,167,300
- Price range: $235.61 to $242.10 (shares sold in multiple transactions) (F2)
- Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan adopted May 1, 2026 (F1)
- Shares owned after transaction: Not specified in the provided filing excerpt — see the full Form 4 on EDGAR for post-sale beneficial ownership
- Disclosure note: Per F2, the reporting person will provide the breakdown of shares sold at each price upon SEC, issuer, or shareholder request
Context
Sales executed under a pre-established Rule 10b5-1 plan are scheduled trades and are generally treated as routine; they reduce the ability to infer the insider’s current view of the company. As this was a sale (not a purchase), it does not by itself indicate management sentiment about Bloom Energy. For complete ownership details or the per-trade breakdown, consult the full Form 4 filing on EDGAR.