Form 4: Stem, Inc. Executive Robert Schaefer Sells 100,000 Shares
SEC Form 4 Filing
Robert Schaefer, President of Transformational at Stem, Inc., sold 100,000 shares of common stock at $1.82 per share on March 19, 2024.
Summary
- On March 19, 2024, Robert Schaefer, President of Transformational at STEM, INC., sold 100,000 shares of common stock.
- The sale price was $1.82 per share.
- Following the transaction, Schaefer directly owns 716,110 shares.
- Schaefer also indirectly owns 268,943 shares through the 2021 K.B. Schaefer Legacy Trust, 268,943 shares through the 2021 N.R. Schaefer Legacy Trust, and 537,886 shares by Trust.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a positive or negative outlook for the company, but it could be perceived negatively by some investors.
Industry Context
This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company executive could potentially influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of the stock sale transaction. |
| 03/20/2024 | Date of signature for the Form 4 filing. |
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.