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

Reporting relationship: Chief Accounting Officer
Issuer ticker: STEM
Reported as of: 07 Nov 2025
Net transaction value: -$37,929
SEC form: 4
Accepted by SEC: 12 Nov 2025, 16:24:01 UTC
Prior SEC filing: 02 Jul 2025
Next SEC filing: 19 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Sarah Dunn, attorney-in-fact

Key filing fact

Rahul Shukla filed Form 4 for STEM, INC. (STEM) on 12 Nov 2025.

Key facts

This page summarizes Rahul Shukla's Form 4 filing for STEM, INC. (STEM).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 12 Nov 2025, 16:24.

Change

Previous filing in this sequence was filed on 02 Jul 2025.
Current net transaction value: -$37,929.

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 0001900919 Primary reporting owner

Shukla Rahul

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

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: +5,750
Change %
Price
Shares after: 5,750
Date: 07 Nov 2025
Ownership: Direct
Footnotes: F1

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Tax liability

Transaction value: $37,929
Shares: -2,076
Change %: -36%
Price: $18.27
Shares after: 3,674
Date: 10 Nov 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

STEM transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -5,750
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 07 Nov 2025
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 5,750
Exercise price
Footnotes: F1, 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

Each restricted stock unit ("RSU") converted into a share of common stock on a one-for-one basis.

Footnote 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.

Footnote F3

On October 10, 2024 the reporting person was granted 5,750 RSUs, vesting 100% on November 7, 2025.

SEC remarks

Exhibit 24 - Power of Attorney