Bloom Energy COO Sells Shares Under Rule 10b5-1 Trading Plan
1 report, 1 independent
Updated Thu 00:00
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What happened
Chitoori Satish, Chief Operations Officer of Bloom Energy, sold 2,870 shares of the company's common stock on September 16, 2026. The sale was made under a pre-established Rule 10b5-1 trading plan and was intended to cover tax withholding obligations related to the settlement of restricted stock units. Following the transaction, Satish retained 202,494 shares of common stock.
From fool.com
Why it matters
The sale represented 1% of the officer's direct holdings prior to the filing. The company, Bloom Energy, operates a capital-intensive business focused on solid-oxide fuel cell systems for various applications.
From fool.com
Who's involved
- Bloom EnergyCompany whose stock was sold by the officer
- SECRegulatory body overseeing mandatory corporate disclosures
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The entities involved
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Bloom Energy
Bloom Energy is the company that develops, builds, and installs Bloom Energy Servers.
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SEC
Slovak company
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