Tammineedi Anil 4

What Happened

Anil Tammineedi, a director of STEM, Inc. (STEM), was granted 12,168 restricted stock units (RSUs) on June 3, 2026. The award is reported on a Form 4 filed June 4, 2026; the RSUs are recorded at $0.00 (derivative instrument) because they are contingent rights to receive common shares if and when they vest. The RSUs vest 100% on June 3, 2027.

Key Details

• Transaction date: June 3, 2026; Form 4 filed June 4, 2026 (appears timely).
• Grant: 12,168 RSUs at $0.00 per unit (derivative award).
• Vesting: 100% on June 3, 2027 (per footnote).
• Shares owned after transaction: not reported in the provided filing details.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — the full grant vests on June 3, 2027.
• Remarks: Exhibit 24 (Power of Attorney) included.

Context

RSUs are a form of compensation that convert into actual shares only upon vesting; they are not an immediate purchase or sale and therefore do not directly signal buying or selling intent. This grant increases the director's potential future shareholding if the RSUs vest, but until vesting they are contingent and non-transferable per the award terms.