Form 4: STEM, INC. Director Tammineedi Anil Reports Stock Transactions
SEC Form 4 Filing
Director Tammineedi Anil reports the disposition of shares and vesting of Restricted Stock Units (RSUs) in STEM, INC.
Summary
- On June 7, 2024, Director Tammineedi Anil reported transactions involving STEM, INC. stock.
- These transactions included the disposition of 23,489 shares of common stock.
- The director also reported the vesting of 23,489 Restricted Stock Units (RSUs) which converted into common stock.
- Following these transactions, the director directly owns 110,236 derivative securities and indirectly owns 4,289,849 shares through Angeleno Investors III, L.P.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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 buying and selling activities of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal given the size of the transactions relative to the total outstanding shares.
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 stock disposition and RSU vesting. |
| 06/10/2024 | Date of signature for the report. |
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