Analysis: Nancy Pelosi's buy of BE (Bloom Energy Corp)

Assessment: On watch

Pelosi built a fresh $1.5M+ stake in Bloom Energy immediately surrounding a massive Q2 earnings beat, but lacks formal committee jurisdiction and faces contradicting insider selling.

• Member: Nancy Pelosi
• Party / state: D-CA
• Chamber: House
• Transaction: Buy
• Amount: $500,001 - $1,000,000
• Ticker: BE
• Company: Bloom Energy Corp
• Trade date: 2026-07-28
• Disclosure date: 2026-08-21
• Disclosure lag: 24 days

Executive summary

This research covers Rep. Nancy Pelosi’s reported purchase of Bloom Energy Corp (BE) on 2026-07-28 (disclosed 2026-08-21). Primary-source SEC filings around the trade date include an 8-K dated 2026-07-28 furnishing a press release reporting record Q2 2026 results and raised 2026 guidance. The company’s 2025 annual report/10-K (filed 2026-02-09) describes regulatory exposure involving FERC interconnection frameworks, state utility commissions, and environmental compliance, and lists risks tied to tax credits and incentives.

The user-provided trading history shows BE appears only twice in the dataset, both purchases occurring within four days (2026-07-24 and 2026-07-28), with the 2026-07-28 trade being the specific trade under analysis. Bloom Energy filed an 8-K on 2026-07-28 that furnished a press release describing record quarterly revenue and a raised full-year 2026 revenue guidance range; the filing includes statements about accelerating demand and data center/AI-related customers. The provided insider-trading window data lists multiple Form 4-reported sales by insiders/directors in August 2026 (after the trade date) and a sale on 2026-07-01. Committee-assignment research using the House Clerk member page indicates no committee assignments for Rep. Pelosi (per the excerpted page). Additional Congress.gov, Federal Register (2025-2026 window), USAspending.gov, Regulations.gov, and news searches were partially constrained by tool retrieval limits (max_total_results_reached), and those gaps are documented in the research_gaps section.

Timeline

• 2026-07-24 — Nancy Pelosi purchase of BE in the range $1,000,001-$5,000,000 (per user-provided trading history).
• 2026-07-28 — Nancy Pelosi purchase of 5,000 shares of BE in the range $500,001-$1,000,000 (trade under analysis).
• 2026-07-28 — Bloom Energy filed 8-K reporting Q2 2026 results (Items 2.02, 7.01, 9.01) and furnished press release.
• 2026-07-09 — Bloom Energy filed 8-K (Item 7.01). Provided enrichment preview indicates it references a report published July 8, 2026 by Hunterbrook Media LLC.
• 2026-08-21 — Trade disclosure filing date for the 2026-07-28 BE purchase (per user-provided trade record).
• 2026-08-03 — Director John T. Chambers reported sale of 15,000 shares (Form 4 window).
• 2026-08-13 — Director John T. Chambers reported sale of 15,000 shares (Form 4 window).
• 2026-08-14 — Multiple insiders reported sales (Aman Joshi, Satish Chitoori, Shawn Marie Soderberg) (Form 4 window).
• 2026-08-17 — Director Jeffrey R. Immelt reported sale of 30,000 shares (Form 4 window).

Independent analysis of public financial disclosures. Not financial or investment advice.

Sources

1. Nancy Pelosi | Congress.gov
2. Charles W. Stenholm | Congress.gov | Library of Congress
3. Calvin M. Dooley | Congress.gov | Library of Congress
4. Anna G. Eshoo | Congress.gov | Library of Congress
5. Craig A. Washington | Congress.gov | Library of Congress
6. Nancy Pelosi | Congress.gov | Library of Congress
7. Nancy Pelosi - House Clerk
8. Nancy Pelosi - District Map - Congress.gov
9. PELOSI, Nancy | US House of Representatives: History, Art & Archives
10. Text - H.R.2986 - 119th Congress (2025-2026): Expediting Generator Interconnection Procedures Act of 2025 | Congress.gov | Library of Congress
11. H.R.8262 - 119th Congress (2025-2026): Build More Power Act | Congress.gov | Library of Congress
12. H.R.6474 - 119th Congress (2025-2026): To amend the Internal Revenue Code of 1986 to expand the meaning and eligibility of energy communities for purposes of the increased renewable electricity production and increased clean electricity investment credit rates. | Congress.gov | Library of Congress
13. Text - H.R.6981 - 119th Congress (2025-2026): SHINE Act of 2026 | Congress.gov | Library of Congress
14. Text - H.R.1684 - 117th Congress (2021-2022): Energy Storage Tax Incentive and Deployment Act of 2021 | Congress.gov | Library of Congress
15. H.R.8423 - 119th Congress (2025-2026): Energy Consumer Protection Act of 2026 | Congress.gov | Library of Congress
16. All Info - H.R.3699 - 119th Congress (2025-2026): Energy Choice Act | Congress.gov | Library of Congress
17. Text - S.1434 - 114th Congress (2015-2016): Energy Storage Promotion and Deployment Act of 2015 | Congress.gov | Library of Congress
18. S. 3027
19. H. R. 5820
20. All Info - H.R.312 - 119th Congress (2025-2026): Restoring Vehicle Market Freedom Act of 2025 | Congress.gov | Library of Congress
21. Department of Energy Funding for Hydrogen and Fuel Cell
22. Clean Vehicle Tax Credits in the Inflation
23. be-20260205
24. be-20260630
25. be-20260728
26. EX-1.01
27. Bloom Energy Reports Fourth Quarter and Full Year 2025 Financial Results with Record Full Year Revenues - Bloom Energy
28. Bloom Energy - Financials & Filings - SEC Filings - SEC Filings Details
29. 2025 Annual Report
30. Financials & Filings - SEC Filings - Bloom Energy - Investors
31. be-20251231 - SEC.gov
32. Bloom Energy Corporation 10-K Filing | BE | CapEdge
33. Bloom Energy Corporation (MJPPTU9SL716)
34. Bloom Energy - Department of Defense Uses Solid Oxide Fuel Cells for Clean Energy Security
35. Bloom Energy - Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant
36. Subsidy Tracker
37. Bloom Energy - Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers
38. 173 FERC ¶ 61,050 UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION 18 CFR Part 292 [Docket Nos. RM21-2-000 and RM20-20-000] Fuel Cell Thermal Energy Output Bloom Energy Corporation (Issued October 15, 2020) AGENCY: Federal Energy Regulatory Commission. ACTION: Notice of Proposed Rulemaking. SUMMARY: In this Notice of Proposed Rulemaking, the Federal Energy Regulatory Commission proposes to amend the definition of useful thermal energy output in § 292.202 of its regulations implementing the Public Utility Regulatory Policies Act of 1978 to recognize the technical evolution of cogeneration. DATES: Comments are due [INSERT DATE 30 days after date of publication in the FEDERAL REGISTER] ADDRESSES: Comments, identified by docket number, may be filed electronically at http://www.ferc.gov in acceptable native applications and print-to-PDF, but not in scanned or picture format. For those unable to file electronically, comments may be filed by mail or hand-delivery to: Federal Energy Regulatory Commission, Secretary of the Commission, 888 First Street, NE, Washington, DC 20426. The Comment Procedures Section of this document contains more detailed filing procedures.
39. Petition for Rulemaking of Bloom Energy Corporation
40. Federal Register :: Petition for Rulemaking of Bloom Energy Corporation; Correction
41. 58300
42. 62632
43. Refining with Filters | Congress.gov | Library of Congress
44. Text - S.1721 - 119th Congress (2025-2026): Energy Freedom Act | Congress.gov | Library of Congress
45. Text - H.R.7977 - 119th Congress (2025-2026): Energy Bills Relief Act | Congress.gov | Library of Congress
46. H.R.9372 - 119th Congress (2025-2026): Data Infrastructure Energy Measurement and Standards Act | Congress.gov | Library of Congress
47. Text - H.R.7741 - 119th Congress (2025-2026): E-Access Act | Congress.gov | Library of Congress
48. sec.gov
49. sec.gov
50. sec.gov
51. sec.gov
52. sec.gov

Nancy Pelosi · BE · Trading news