Tappin Matthew 4

What Happened
Matthew Tappin, President, Software Products at STEM, sold 402 shares on March 11, 2026. The shares were sold at $10.83 per share for a total proceeds of $4,354. This transaction was a sale (code S), which is often routine rather than a bullish signal.

Key Details

• Transaction date: 2026-03-11
• Price: $10.83 per share; Shares sold: 402; Total proceeds: $4,354
• Transaction type: Sale (S) — reported as an open‑market/private sale on the Form 4
• Filing date (Form 4): 2026-03-13 (filed promptly; not reported late)
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Tappin on March 18, 2025

Context
Sales under a 10b5-1 trading plan are pre‑scheduled trades and are commonly used by insiders to set up automated, rule‑based selling. Such sales do not necessarily reflect a change in the insider’s view of the company. The reported sale size is modest ($4.4K).