Rahul Shukla - 07 Nov 2025 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Accounting Officer
Signature
/s/ Sarah Dunn, attorney-in-fact
Issuer symbol
STEM
Transactions as of
07 Nov 2025
Net transactions value
-$37,929
Form type
4
Filing time
12 Nov 2025, 16:24:01 UTC
Previous filing
02 Jul 2025
Next filing
19 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shukla Rahul Chief Accounting Officer 1400 POST OAK BOULEVARD, SUITE 560, HOUSTON /s/ Sarah Dunn, attorney-in-fact 12 Nov 2025 0001900919

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise +5,750 5,750 07 Nov 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $37,929 -2,076 -36% $18.27 3,674 10 Nov 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STEM Restricted Stock Unit Options Exercise $0 -5,750 -100% $0.000000 0 07 Nov 2025 Common Stock, Par Value $0.0001 Per Share 5,750 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") converted into a share of common stock on a one-for-one basis.
F2 Represents shares of common stock automatically sold to cover the reporting person's tax liability in connection with the settlement of RSUs. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.
F3 On October 10, 2024 the reporting person was granted 5,750 RSUs, vesting 100% on November 7, 2025.

Remarks:

Exhibit 24 - Power of Attorney