Routine annual meeting filing with no trading catalyst. The 425,000-share equity plan increase is standard practice for retention and does not signal imminent issuance. Monitor next quarterly filing for any material changes in operating performance or cash position.
Price Chart
Executive Summary
Stem, Inc. held its 2026 Annual Meeting on June 3, 2026, with ~53% of shares represented. Stockholders approved all four proposals, including the re-election of three Class II directors, an advisory vote on executive compensation, ratification of RSM US LLP as auditor, and critically, the amendment and restatement of the 2024 Equity Incentive Plan to increase the share reserve by 425,000 shares and extend the plan term. This is a routine governance filing with no material financial impact — the equity plan increase provides additional compensation runway but represents potential dilution of approximately 0.5% of the current share count at a $90M market cap.
Key Facts
- Annual meeting held June 3, 2026 with 4,532,097 shares (~53% of outstanding) represented
- Stockholders approved amendment to 2024 Equity Incentive Plan, increasing authorized shares by 425,000 to a total Share Reserve of 594,941 shares
- All three Class II director nominees (Ira Birns, Adam E. Daley, Anil Tammineedi) were elected
- Non-binding advisory vote on named executive officer compensation passed with 1,891,571 votes for
- Ratification of RSM US LLP as independent auditor for FY2026 passed with 4,330,718 votes for
- Plan term extended to 10 years from stockholder approval date (June 3, 2026)
Financial Impact
Equity plan increase of 425,000 shares represents potential dilution of ~0.5% of current outstanding shares at a ~$90M market cap; no immediate cash impact
Risk Factors
- Potential future dilution from equity awards under the expanded plan
- Low shareholder turnout (~53%) may indicate limited retail/institutional engagement
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001758766-26-000059 |
| Document: stem-20260603.htm | 0001758766-26-000059 |
| Document: 0001758766-26-000059-index-headers.html | 0001758766-26-000059 |
| Document: 0001758766-26-000059-index.html | 0001758766-26-000059 |
| Document: 0001758766-26-000059.txt | 0001758766-26-000059 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $3.03 | awaiting T+60 | — | $3.01 (+0.79%) |
Aug 10, 2026 11w ago | 144 | $5.68 | awaiting T+60 | — | $3.01 (−47.01%) |
Jul 29, 2026 12w ago | 144 | $4.95 $3.02 | ▼ −38.99% | ▼ −43.72% | $3.01 (−39.19%) |
Jun 22, 2026 18w ago | 424B5 | $7.63 $4.47 | ▼ −41.42% | ▼ −44.66% | $3.01 (−60.55%) |
Jun 11, 2026 19w ago | EFFECT | $7.57 $5.57 | ▼ −26.42% | ▼ −30.82% | $3.01 (−60.24%) |
Jun 3, 2026 20w ago | 8-K | $9.17 $5.44 | ▼ −40.68% | ▼ −42.56% | $3.01 (−67.18%) |
Jun 2, 2026 20w ago | S-3 | $9.04 $5.70 | ▼ −36.95% | ▼ −39.45% | $3.01 (−66.70%) |
May 6, 2026 24w ago | 8-K | $8.73 $5.62 | ▼ −35.62% | ▼ −39.46% | $3.01 (−65.52%) |
Apr 27, 2026 26w ago | DEFA14A | $11.29 $6.01 | ▼ −46.77% | ▼ −51.54% | $3.01 (−73.34%) |
Mar 4, 2026 33w ago | 8-K | $12.18 $10.15 | ▼ −16.67% | ▼ −27.97% | $3.01 (−75.29%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers