Musfeldt Brian 4

What Happened
Brian Musfeldt, Chief Financial Officer of STEM, Inc. (STEM), received equity awards on February 26, 2026. The filing shows grants of 25,800 restricted stock units (RSUs) and 17,200 performance stock units (PSUs). Each unit is a contingent right to one share; the awards were granted at $0.00 (no cash paid) and reported as derivative awards (code A — grant/award).

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely — within required two business days).
• Awards: 25,800 RSUs and 17,200 PSUs; grant price reported $0.00.
• RSU vesting: three nearly equal annual installments (33%, 33%, 34%), beginning March 7, 2027.
• PSU vesting: contingent on achieving a volume-weighted average price (VWAP) target for any consecutive 60 trading-day period (per footnote).
• Shares owned after transaction: not disclosed in the provided summary.
• Footnotes: F1 clarifies 1 RSU/PSU = 1 contingent share right; F2 and F3 describe the RSU schedule and PSU performance condition.

Context
These grants are compensation awards rather than open-market purchases or sales. RSUs vest over time (time-based retention), while PSUs vest only if specified stock-price performance conditions are met. Such awards are common executive compensation practices and do not by themselves indicate immediate buying or selling pressure. Review the company’s proxy or 10-K for grant valuation if you want estimated dollar amounts.