Insider Trading February 27, 2026

Bloom Energy CLO Sells $8.09 Million in Class A Shares as Company Posts Strong Q4 2025 Results

Chief Legal Officer executed planned sale and option exercises amid a year of heavy share appreciation and analyst target adjustments

By Nina Shah BE
Bloom Energy CLO Sells $8.09 Million in Class A Shares as Company Posts Strong Q4 2025 Results
BE

Shawn Marie Soderberg, Bloom Energy Corp's Chief Legal Officer and Corporate Secretary, sold 45,244 shares of Class A common stock on February 25, 2026, under a Rule 10b5-1 plan for roughly $8.09 million. The filing also shows option exercises and restricted stock unit vesting. The moves come after a year in which the stock rose 548% and following Bloom Energy's fourth-quarter 2025 results that outperformed expectations. Separately, Aspen Insurance completed a merger that converted its Class A shares and options into cash rights.

Key Points

  • Shawn Marie Soderberg sold 45,244 shares of Bloom Energy Class A stock on February 25, 2026, under a Rule 10b5-1 plan, receiving about $8.09 million at prices between $177.93 and $180.00.
  • Soderberg also exercised options for 20,000 shares at $30.96 per share (totaling $619,200) and received 12,421 shares via restricted stock units under the 2018 Equity Incentive Plan.
  • Bloom Energy reported Q4 2025 EPS of $0.45 and revenue of approximately $778 million, both above analyst expectations; several brokers raised price targets while issuing varied ratings.

Shawn Marie Soderberg, who serves as Chief Legal Officer and Corporate Secretary of Bloom Energy Corp (NYSE:BE), reported the sale of 45,244 shares of the company’s Class A common stock on February 25, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the transaction generated about $8.09 million in proceeds and was carried out under a prearranged Rule 10b5-1 trading plan. The shares were sold at prices between $177.93 and $180.00 per share.

The filing also discloses that Soderberg exercised options to purchase 20,000 shares of Class A common stock at an exercise price of $30.96 per share, representing an aggregate cost of $619,200. In addition to the option exercise, Soderberg received 12,421 shares of Class A common stock with a value recorded as $0.00; those shares were obtained through restricted stock units issued under the Bloom Energy Corporation 2018 Equity Incentive Plan.

Bloom Energy’s market capitalization is reported at $43.24 billion. Over the trailing 12 months, the company’s stock has appreciated sharply, rising 548%. The share price currently sits above the InvestingPro Fair Value estimate, a valuation signal noted in the filing that suggests the shares may be trading at a premium to that proprietary fair-value measure.

Bloom Energy’s latest quarterly results reflect strong underlying performance. For the fourth quarter of 2025 the company posted earnings per share of $0.45, exceeding the consensus estimate of $0.30. Revenue for the quarter was approximately $778 million, about 21.5% higher than the $640.07 million that analysts had expected.

Following the quarterly release, several brokerage firms updated their coverage. BTIG raised its price target on Bloom Energy to $165 and maintained a Buy rating. BMO Capital increased its target to $149 while assigning a Market Perform rating. TD Cowen also lifted its price target to $160, citing a 140% increase in backlog, which it attributed to stronger demand from data center and commercial customers.

Separately, Aspen Insurance Holdings Limited has completed a merger with a subsidiary of Sompo International Holdings Ltd. As a result of that transaction, Aspen is now a wholly owned subsidiary of Endurance Specialty Insurance Ltd., operating under Sompo International. The merger resulted in the cancellation and conversion of Aspen’s Class A ordinary shares and related stock option awards into cash rights, subject to the transaction’s specified terms.

These filings and corporate developments provide a snapshot of recent executive transactions at Bloom Energy, the company's financial momentum in the fourth quarter of 2025, and consequential corporate activity at Aspen Insurance. The Form 4 details and the reported financial results give investors and market observers documented facts on insider stock movements, option exercises, unit vesting, market valuation measures, and post-quarter analyst reactions.

Risks

  • The company's share price is trading above its InvestingPro Fair Value, indicating potential overvaluation risk for equity investors - this primarily affects equity markets and investor portfolios.
  • Insider sales and option exercises may be interpreted differently by market participants, introducing uncertainty in market sentiment toward Bloom Energy shares - this impacts investor confidence and trading activity.
  • The conversion and cancellation of Aspen Insurance’s Class A shares and stock options into cash rights creates execution and settlement considerations tied to the completed merger - this affects insurance-sector shareholders and corporate creditors.

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