Form 4: STEM Executive's Equity Grants & Vesting

STEM Inc.'s President of Software Products, Matthew Tappin, received new RSU and PSU grants and saw existing RSUs vest into common stock.

Summary

• Matthew Tappin, President, Software Products at STEM, INC., reported transactions involving the company's equity securities.
• On February 26, 2026, Tappin was granted 25,800 Restricted Stock Units (RSUs) and 17,200 Performance Stock Units (PSUs).
• The 25,800 RSUs will vest in three nearly equal annual installments (33%, 33%, 34%) beginning on March 7, 2027.
• The 17,200 PSUs are performance-based, vesting if the volume-weighted average price of STEM's common stock meets a target over any consecutive sixty (60) trading-day period.
• On March 1, 2026, 670 RSUs from a grant made on March 1, 2022, vested and converted into shares of common stock.
• Following these transactions, Tappin beneficially owns 2,907 shares of common stock, 25,800 RSUs, and 17,200 PSUs.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, primarily for the executive, as it represents a significant compensation event and aligns management's interests with long-term company performance. For the company, it's a routine compensation disclosure.

Positives

• The executive received a significant grant of new equity (25,800 RSUs and 17,200 PSUs), aligning their long-term interests with shareholders.
• Existing RSUs vested, converting into common stock, indicating successful completion of prior compensation milestones.

Future Outlook

The future outlook for Matthew Tappin's equity holdings includes the vesting of 25,800 RSUs in three annual installments starting March 7, 2027, and the potential vesting of 17,200 PSUs contingent on the company's stock price reaching a specified target over a 60-trading-day period.

Industry Context

StockSavvy.ai notes that the granting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) is a standard practice in executive compensation across the technology and energy management sectors. This approach aims to align executive incentives with long-term shareholder value creation and company performance.

Stakeholder Impact

• Shareholders: The grants of RSUs and PSUs represent potential future dilution as these units convert into common stock, but also serve to align the executive's interests with shareholder value creation.
• Employees: This filing specifically details executive compensation, which can influence overall compensation strategies and morale within the company.

Next Steps

• The 25,800 RSUs will begin vesting in three nearly equal annual installments starting March 7, 2027.
• The 17,200 PSUs will vest upon the company's stock price meeting a specified target over a 60-trading-day period.

Key Dates

Keywords

STEM, Form 4, Insider Transaction, Equity Grant, Restricted Stock Unit, Performance Stock Unit, Executive Compensation, Beneficial Ownership