---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-052234"
form_type: "8-K"
ticker: "BE"
cik: "0001664703"
company_name: "Bloom Energy Corp"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:19:44.612511+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Bloom Energy cancels 1,150,000 CEO PSUs, grants new 2,600,000 equity awards

## Summary
- Board cancelled 1,150,000 PSUs granted to CEO Dr. Sridhar on May 12, 2021, including 1,000,000 stock price hurdle and 150,000 revenue/gross margin PSUs.
- New 2025 Equity Package approved: 1,500,000 PSUs with three-year cliff vesting and 500,000 RSUs vesting over three years.
- One-time grant of 600,000 PSUs: 300,000 vested immediately and 300,000 vest upon achieving strategic criteria by end of 2027.
- Changes aim to better align CEO incentives with company's AI data center, industrial and utility product sales strategy.
- Compensation Committee and Board acted based on recommendation from Meridian Compensation Partners.

## SEC filing metadata
- accession: 0001628280-24-052234
- form_type: 8-K
- ticker: BE
- cik: 0001664703
- company_name: Bloom Energy Corp
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1664703/000162828024052234/0001628280-24-052234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1664703/000162828024052234/be-20241216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-052234
- JSON: https://secwatch.observer/filing/0001628280-24-052234.json
- Plain text: https://secwatch.observer/filing/0001628280-24-052234.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.