Guruswamy Vasudevan 4

What Happened
Guruswamy Vasudevan, a director of STEM, Inc. (STEM), was granted 12,168 restricted stock units (RSUs) on June 3, 2026. The RSUs were reported at $0.00 (a grant/award of derivative securities); each RSU represents a contingent right to one share of common stock and the RSUs vest 100% on June 3, 2027. This was an equity compensation award (neither a purchase nor a sale).

Key Details

• Transaction date and type: June 3, 2026 — Award/Grant of 12,168 RSUs (reported at $0.00).
• Vesting: 100% vesting on June 3, 2027 (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — grant date and vesting schedule.
• Filing timeliness: Reported on June 4, 2026 (filed the next day); Exhibit 24 (Power of Attorney) is included.

Context
RSUs are a form of compensation that convert into shares if and when they vest; they do not represent immediately tradable shares. For retail investors, director RSU grants are common compensation and do not by themselves indicate buying or selling sentiment. The award will dilute existing shares upon vesting if shares are issued; taxation typically occurs when RSUs vest and shares are delivered.