Michael James Carlson - 07 Mar 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
07 Mar 2026
Net transactions value
-$23,118
Form type
4
Filing time
10 Mar 2026, 17:12:37 UTC
Previous 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 10 Mar 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 +3,541 +20% 21,537 07 Mar 2026 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $23,118 -2,079 -9.7% $11.12 19,458 10 Mar 2026 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 -3,541 -50% $0.000000* 3,516 07 Mar 2026 Common Stock, Par Value $0.0001 Per Share 3,541 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 restricted stock units on March 7, 2026. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.
F3 On May 28, 2024, the reporting person was granted 10,625 RSUs vesting in three near equal annual installments, the second of which vested on March 7, 2026.