Bloom Energy Reports Officer/Director Changes, Compensation Arrangements
Ticker: BE · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1664703
| Field | Detail |
|---|---|
| Company | Bloom Energy Corp (BE) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $575,000, $400,000, $200,000, $1.5 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Bloom Energy just filed an 8-K about leadership and pay changes; watch for details.**
AI Summary
Bloom Energy Corp. filed an 8-K on January 9, 2024, reporting that the earliest event occurred on January 5, 2024. This filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers'. While the specific details of these changes are not provided in the excerpt, any significant executive or board changes, especially those involving compensation, could impact investor confidence and the company's strategic direction, making it important for shareholders to monitor the full filing for specifics.
Why It Matters
Changes in leadership or executive compensation can signal shifts in company strategy or financial health, directly influencing investor perception and stock valuation.
Risk Assessment
Risk Level: medium — Without specific details on who departed or was appointed, and their compensation, the impact on the company's stability and future performance is uncertain.
Analyst Insight
Investors should seek out the full 8-K filing to understand the specific personnel changes and compensation details, as these could influence future company performance and stock valuation. Without these specifics, it's difficult to assess the impact.
Key Players & Entities
- Bloom Energy Corp. (company) — the registrant filing the 8-K
- January 9, 2024 (date) — date of 8-K filing
- January 5, 2024 (date) — date of earliest event reported
- 001-38598 (other) — Commission File Number
- Delaware (other) — State of incorporation for Bloom Energy Corp.
- 77-0565408 (other) — I.R.S. Employer Identification No.
- 4353 North First Street, San Jose, California 95134 (other) — Address of principal executive offices
- 408-543-1500 (other) — Registrant’s telephone number
Forward-Looking Statements
- The full 8-K filing will reveal specific names of departing or appointed officers/directors. (Bloom Energy Corp.) — high confidence, target: N/A
- The full 8-K filing will detail the nature of the compensatory arrangements mentioned. (Bloom Energy Corp.) — high confidence, target: N/A
FAQ
What is the primary purpose of this 8-K filing by Bloom Energy Corp.?
The primary purpose of this 8-K filing is to report events related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' as per Item 5.02.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 9, 2024, as indicated by the 'FILED AS OF DATE'.
What is the earliest event date reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 5, 2024, as stated under 'Date of report (Date of earliest event reported): January 5, 2024'.
What is Bloom Energy Corporation's Commission File Number?
Bloom Energy Corporation's Commission File Number is 001-38598.
Where are Bloom Energy Corporation's principal executive offices located?
Bloom Energy Corporation's principal executive offices are located at 4353 North First Street, San Jose, California 95134.
Filing Stats: 1,129 words · 5 min read · ~4 pages · Grade level 10.8 · Accepted 2024-01-09 08:59:39
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value BE New York Stock Exchange
- $575,000 — Mr. Joshi's annual base salary will be $575,000. Mr. Joshi will be eligible to particip
- $400,000 — Sign-On Bonus. Mr. Joshi will receive a $400,000 sign-on bonus in two $200,000 installme
- $200,000 — receive a $400,000 sign-on bonus in two $200,000 installments, the first installment to
- $1.5 million — nt, he will be entitled to a payment of $1.5 million. In addition, if Mr. Joshi experiences
- $477,000 — Mr. Brooks will be entitled to receive $477,000 (12 months base salary) within 45 days
Filing Documents
- be-20240105.htm (8-K) — 43KB
- exhibit101.htm (EX-10.1) — 162KB
- exhibit102.htm (EX-10.2) — 51KB
- be-20240105_g1.jpg (GRAPHIC) — 39KB
- image1a.jpg (GRAPHIC) — 2KB
- image2a.jpg (GRAPHIC) — 0KB
- image3a.jpg (GRAPHIC) — 29KB
- imagea.jpg (GRAPHIC) — 14KB
- 0001628280-24-000894.txt ( ) — 593KB
- be-20240105.xsd (EX-101.SCH) — 2KB
- be-20240105_lab.xml (EX-101.LAB) — 24KB
- be-20240105_pre.xml (EX-101.PRE) — 13KB
- be-20240105_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Offer Letter between the Company and Aman Joshi, dated January 5, 2024 10.2 Separation and General Release Agreement, dated January 8, 2024
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BLOOM ENERGY CORPORATION Date: January 9, 2024 By: /s/ Greg Cameron Greg Cameron President and Chief Financial Officer