Michael James Carlson - 19 Feb 2026 Form 4 Insider Report for STEM, INC. (STEM)

Role: President, Managed Services
Signature: /s/ Sarah Dunn, attorney-in-fact
Issuer symbol: STEM
Transactions as of: 19 Feb 2026
Net transactions value: -$8,249
Form type: 4
Filing time: 19 Feb 2026, 17:42:12 UTC
Previous filing: 18 Feb 2026
Next filing: 02 Mar 2026
SEC: View on sec.gov

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	19 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	Tax liability	$8,249	-730	-3.9%	$11.30	17,996	19 Feb 2026	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock automatically sold to cover the reporting person's tax liability in connection with the previously reported settlement of restricted stock units on February 15, 2026. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.