Michael James Carlson - 15 Feb 2026 Form 4 Insider Report for STEM, INC. (STEM)

Signature
/s/ Sarah Dunn, attorney-in-fact
Issuer symbol
STEM
Transactions as of
15 Feb 2026
Net transactions value
$0
Form type
4
Filing time
18 Feb 2026, 20:17:27 UTC
Previous filing
12 Nov 2025
Next filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Carlson Michael James President, Managed Services 1400 POST OAK BOULEVARD, SUITE 560, HOUSTON /s/ Sarah Dunn, attorney-in-fact 18 Feb 2026 0001948274

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 +1,342 +7.7% 18,726 15 Feb 2026 Direct F1

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 -1,342 -100% $0.000000 0 15 Feb 2026 Common Stock, Par Value $0.0001 Per Share 1,342 Direct F1, F2
* 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 On February 15, 2023 the reporting person was granted 3,947 RSUs vesting in three equal annual installments, the third of which vested on February 15, 2026.