Arun Narayanan - 30 Jun 2026 Form 4 Insider Report for STEM, INC. (STEM)

Reporting relationship: Chief Executive Officer
Issuer ticker: STEM
Reported as of: 30 Jun 2026
Net transaction value: -$15,669
SEC form: 4
Accepted by SEC: 02 Jul 2026, 18:56:12 UTC
Prior SEC filing: 10 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Sarah Dunn, attorney-in-fact

Key filing fact

Arun Narayanan filed Form 4 for STEM, INC. (STEM) on 02 Jul 2026.

Key facts

This page summarizes Arun Narayanan's Form 4 filing for STEM, INC. (STEM).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Jul 2026, 18:56.

Change

Previous filing in this sequence was filed on 10 Mar 2026.
Current net transaction value: -$15,669.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002052035 Primary reporting owner

Narayanan Arun

Relationship: Chief Executive Officer
Address: 1400 POST OAK BLVD, SUITE 560, HOUSTON
Signature: /s/ Sarah Dunn, attorney-in-fact
Signature date: 02 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Options Exercise

Transaction value
Shares: +8,125
Change %: +63%
Price: $7.81^*
Shares after: 21,105
Date: 30 Jun 2026
Ownership: Direct

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Sale

Transaction value: $15,669
Shares: -1,996
Change %: -9.5%
Price: $7.85
Shares after: 19,109
Date: 02 Jul 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STEM transaction Derivative

Performance Stock Unit

Options Exercise

Transaction value
Shares: -8,125
Change %: -50%
Price: $0.000000^*
Shares after: 8,125
Date: 30 Jun 2026
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 8,125
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of common stock automatically sold to cover the reporting person's tax liability in connection with the settlement of PSUs on June 30, 2026. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.

Footnote F2

Each performance stock unit ("PSU") represented a contingent right to receive one share of the Issuer's common stock if the volume-weighted average price of the Issuer's common stock for any consecutive sixty (60) trading-day period equaled or exceeded $17.60 (the "Performance Metric") during a performance period ending on June 30, 2028 (the "Performance Period").

Footnote F3

On June 30, 2025, the Reporting Person was granted 16,250 PSUs, 8,125 of which vested on June 30, 2026 following the Issuer's achievement of the Performance Metric during the Performance Period.