U.S. Fuel Cell Company Executive Sells $30 Million in Stock While Retaining $100 Million Stake

Shawn Marie Soderberg, Chief Legal Officer and Corporate Secretary of Bloom Energy Corp. (NYSE: BE), sold approximately 15,000 shares of the company’s Class A common stock at about $150 per share on March 19, 2026, raising roughly $2.3 million (about KRW 3 billion). Following the transaction, Soderberg still holds a substantial stake—estimated at around $87 million (approximately KRW 110 billion)—in her own name and through trusts. The sale was executed under a pre‐established Rule 10b5-1 trading plan.

The company also announced that Simon Edwards will join as Chief Financial Officer effective April 13, 2026, as part of an executive reorganization. Bloom Energy has gained outside recognition for its reputation, ranking second in the energy and utilities sector on Newsweek’s “Most Trusted Companies in America 2026” list.

Bloom Energy Corp. is headquartered in San Jose, California, and provides distributed power systems for data centers and industrial and commercial facilities using solid oxide fuel cell (SOFC) technology. Founded in 2001 by K.R. Sridhar, the company is listed on the New York Stock Exchange and is classified as a clean-energy growth stock.