Form 4: STEM, Inc. Executive Rahul Shukla Reports Stock Transactions
SEC Form 4
Rahul Shukla, Chief Accounting Officer of STEM, Inc., reports the acquisition and disposal of common stock and restricted stock units (RSUs) between January and May 2025.
Summary
- Rahul Shukla, the Chief Accounting Officer of STEM, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's securities.
- The reported transactions include the acquisition of common stock through the vesting of Restricted Stock Units (RSUs) and the disposal of common stock to cover tax liabilities associated with RSU settlements.
- Specifically, Shukla acquired 8,000 shares on January 22, 2025, 19,951 shares on February 24, 2025, and 16,667 shares on March 11, 2025, through RSU vesting.
- He also sold 3,534 shares on January 23, 2025, 9,048 shares on February 25, 2025, 7,469 shares on March 12, 2025 and 24,567 shares on May 2, 2025 to cover tax obligations.
- Following these transactions, Shukla directly owns 0 shares of STEM, Inc. common stock.
- Shukla also holds 176,890 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased transparency of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/09/2022 | Reporting person was granted 32,000 RSUs vesting in four annual installments beginning January 2023. |
| 02/23/2023 | Reporting person was granted 60,459 RSUs vesting in three annual installments beginning February 2024. |
| 05/28/2024 | Reporting person was granted 50,000 RSUs vesting in three annual installments beginning March 2025. |
| 10/10/2024 | Reporting person was granted 115,000 RSUs vesting in October 2025. |
| 01/22/2025 | Acquisition of 8,000 shares of common stock through RSU vesting. |
| 01/23/2025 | Sale of 3,534 shares of common stock at $0.65 to cover tax liability. |
| 02/24/2025 | Acquisition of 19,951 shares of common stock through RSU vesting. |
| 02/25/2025 | Sale of 9,048 shares of common stock at $0.512 to cover tax liability. |
| 03/11/2025 | Acquisition of 16,667 shares of common stock through RSU vesting. |
| 03/12/2025 | Sale of 7,469 shares of common stock at $0.404 to cover tax liability. |
| 05/02/2025 | Sale of 24,567 shares of common stock at an average price of $0.541. |
| 05/06/2025 | Date of the report. |
Keywords
Form 4, Beneficial Ownership, Rahul Shukla, STEM, Inc., Restricted Stock Units, RSUs, Common Stock, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.