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AI brief of an SEC Form 8-K · Bloom Energy (BE)

Bloom Energy grants CEO Sridhar performance stock units tied to 2026-2029 revenue

Neutral Impact 3 of 5 leadership Written later

Bloom Energy's board approved a performance-based restricted stock unit award for CEO KR Sridhar covering 271,076 shares at target, dated June 15, 2026. Vesting depends on aggregate total revenue over four consecutive quarters between July 1, 2026 and December 31, 2029, with payout up to 300% of target, and the award is meant to keep him in the role beyond 2027.

Key points

  • Award covers 271,076 shares of common stock at target, granted June 15, 2026 under the 2018 Equity Incentive Plan.
  • Vesting is based on aggregate total revenue over the four consecutive quarters with the highest revenue between July 1, 2026 and December 31, 2029, and may be adjusted by non-GAAP product gross margin in fiscal 2029.
  • Dr. Sridhar can earn up to 300% of target and must remain CEO through December 31, 2029, subject to limited exceptions, and hold net shares until December 31, 2031.
  • The board said the award replaces retention concerns ahead of 2027, when his 2024 award vests.

The filing

CompanyBloom Energy (BE)
Form8-K, current report
Filed with the SECJun 17, 2026, 5:16 PM ET
Accession number0001193125-26-274388

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 17, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.