Stem, Inc. Files 8-K: Board Changes & Executive Compensation Updates
Ticker: STEM · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1758766
| Field | Detail |
|---|---|
| Company | Stem, Inc. (STEM) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $575,000, $50,000, $600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, regulation-fd
Related Tickers: STEM
TL;DR
STEM board shakeup and pay changes filed. Watch for new director elections.
AI Summary
On January 14, 2025, Stem, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers. It also covers Regulation FD disclosures and financial statements.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may affect company direction and performance.
Key Players & Entities
- STEM, INC. (company) — Registrant
- January 14, 2025 (date) — Date of Earliest Event Reported
- Delaware (jurisdiction) — State of Incorporation
- 001-39455 (legal_document_id) — SEC File Number
FAQ
What specific changes were made to Stem, Inc.'s board of directors?
The filing indicates the election of new directors, though specific names and the exact number of new directors are not detailed in the provided excerpt.
What is the nature of the updates to executive compensation arrangements?
The filing mentions updates to 'Compensatory Arrangements of Certain Officers,' but the specific details of these arrangements are not provided in this excerpt.
What is the significance of the 'Regulation FD Disclosure' item?
This item indicates that the company is making disclosures to ensure that material non-public information is disseminated fairly to all investors, as required by Regulation FD.
When was Stem, Inc. incorporated, and in which state?
Stem, Inc. was incorporated in Delaware.
What is the SEC file number for Stem, Inc.'s filing?
The SEC file number for Stem, Inc. is 001-39455.
Filing Stats: 1,209 words · 5 min read · ~4 pages · Grade level 11.6 · Accepted 2025-01-16 09:01:09
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 STEM New York Stock Exchange Indic
- $575,000 — ll receive an annualized base salary of $575,000. In connection with his appointment, he
- $50,000 — lso receive (a) a sign-on cash bonus of $50,000, subject to repayment under certain cir
- $600,000 — to receive an annualized base salary of $600,000, to be prorated for his service as Inte
Filing Documents
- d858581d8k.htm (8-K) — 31KB
- d858581dex99.htm (EX-99) — 11KB
- g858581g05j14.jpg (GRAPHIC) — 3KB
- 0001193125-25-007442.txt ( ) — 172KB
- stem-20250114.xsd (EX-101.SCH) — 3KB
- stem-20250114_lab.xml (EX-101.LAB) — 18KB
- stem-20250114_pre.xml (EX-101.PRE) — 11KB
- d858581d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is furnished as part of this report: Exhibit No. Description 99 Stem, Inc. Press Release dated January 16, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STEM, INC. Date: January 16, 2025 By: /s/ Saul R. Laureles Name: Saul R. Laureles Title: Chief Legal Officer and Secretary 4