Form 4: Adam Daley Reports Stock Transactions in Stem, Inc.
SEC Form 4 Filing
Director Adam Daley reports acquisition and disposal of Stem, Inc. common stock and vesting of Restricted Stock Units (RSUs).
Summary
- Adam Daley, a director of Stem, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 7, 2024, Daley acquired 23,489 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Also on June 7, 2024, Daley disposed of 23,489 shares of common stock.
- Following these transactions, Daley directly owns 130,760 shares of common stock.
- Daley also indirectly owns 96,251 shares through the Daley Investment Trust and 92,776 shares through the Daley Revocable Trust.
- Daley directly owns 110,236 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions themselves may have a minor impact on the stock price due to the volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 06/07/2023 | Reporting person was granted 23,489 RSUs vesting 100% on June 7, 2024. |
| 06/07/2024 | Date of transaction: acquisition and disposal of common stock and vesting of RSUs. |
| 06/10/2024 | Date of signature for the Form 4 filing. |
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