Birns Ira M 4
4 · STEM, INC. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
STEM Director Ira M. Birns Receives RSU Award
What Happened
Ira M. Birns, a director of STEM, Inc. (STEM), received a grant of 12,168 restricted stock units (RSUs) on June 3, 2026. The Form 4 reports the acquisition as an award (transaction code A) with an acquisition price of $0.00; RSUs are a contingent right to receive common stock and do not represent immediate cash purchase or sale.
Key Details
- Transaction date: 2026-06-03; Form filed: 2026-06-04 (appears timely).
- Grant: 12,168 RSUs; reported price: $0.00 (no cash exchanged at grant).
- Vesting: 100% of the RSUs vest on June 3, 2027 (per footnote).
- Footnotes: F1—each RSU converts to one share upon vesting; F2—vesting schedule noted above.
- Shares owned after transaction: not specified in the provided excerpt.
- Exhibit: Exhibit 24 (Power of Attorney) included with the filing.
Context
RSU grants are a common form of director compensation and are contingent on future vesting; they do not indicate an immediate purchase or sale of shares. The economic value will depend on STEM’s stock price at vesting; no shares were delivered or sold at the time of this filing.
Insider Transaction Report
Form 4
STEM, INC.STEM
Birns Ira M
Director
Transactions
- Award
Restricted Stock Unit
[F1][F2]2026-06-03+12,168→ 12,168 total→ Common Stock, Par Value $0.0001 Per Share (12,168 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]On June 3, 2026, the Reporting Person was granted 12,168 RSUs vesting 100% on June 3, 2027.
Signature
/s/ Sarah Dunn, attorney-in-fact|2026-06-04