Form 4: Stem Inc. Director David S. Buzby Acquires 62,500 Shares at $1.84
SEC Form 4 Filing
Director David S. Buzby increased his holdings in Stem, Inc. by purchasing 62,500 shares of common stock at $1.84 per share.
Summary
- On March 15, 2024, David S. Buzby, a director of Stem, Inc., acquired 62,500 shares of common stock at a price of $1.84 per share.
- Following this transaction, Buzby directly owns 734,648 shares of Stem, Inc.
- Buzby also indirectly owns 558,711 shares through the David S. Buzby Revocable Trust.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction itself doesn't provide substantial information about the company's overall performance.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's prospects, as perceived by its directors and officers.
Key Dates
| Date | Description |
|---|---|
| 10-04-2023 | Date of Limited Power of Attorney signed |
| 03/15/2024 | Date of transaction: purchase of 62,500 shares |
| 03/18/2024 | Date of signature on the Form 4 filing |
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