STEM (STEM) CLO has 536 shares auto-sold to cover RSU tax liability

Rhea-AI Filing Summary

STEM, INC. Chief Legal Officer Saul R. Laureles reported an automatic sale of 536 shares of common stock at $11.30 per share to cover tax withholding on a restricted stock unit settlement that occurred on February 15, 2026. After this tax-withholding disposition, he directly holds 24,864 shares of STEM common stock. The filing notes this "sell to cover" was not a discretionary trade initiated by him.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Laureles Saul R.

(Last) (First) (Middle)

1400 POST OAK BOULEVARD

SUITE 560

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STEM, INC. [ STEM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $0.0001 Per Share	02/19/2026		F(1)		536	D	$11.3	24,864	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock automatically sold to cover the reporting person's tax liability in connection with the previously reported settlement of restricted stock units on February 15, 2026. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.

Remarks:

	/s/ Sarah Dunn, attorney-in-fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did STEM (STEM) report for Saul R. Laureles?

STEM reported that Chief Legal Officer Saul R. Laureles had 536 shares of common stock automatically sold to satisfy tax withholding on a restricted stock unit settlement, at a price of $11.30 per share, in a non-discretionary "sell to cover" transaction.

Was the STEM (STEM) insider trade by Saul R. Laureles a discretionary sale?

No, the sale was not discretionary. The 536 shares were automatically sold to cover Saul R. Laureles’ tax liability from a previously reported restricted stock unit settlement, meaning he did not choose the timing or amount as an open-market trade.

How many STEM (STEM) shares were involved in Saul R. Laureles’ Form 4 filing?

The Form 4 shows 536 shares of STEM common stock were disposed of in a tax-withholding transaction. These shares were sold automatically to cover tax obligations related to a restricted stock unit settlement, rather than as a voluntary sale in the market.

What price was received for the STEM (STEM) shares sold to cover taxes?

The 536 shares of STEM common stock were sold at $11.30 per share. This sale was executed to cover Saul R. Laureles’ tax liability on a restricted stock unit settlement and was reported as a tax-withholding disposition on Form 4.

How many STEM (STEM) shares does Saul R. Laureles hold after the tax-withholding sale?

After the automatic tax-withholding sale, Saul R. Laureles directly holds 24,864 shares of STEM common stock. This remaining balance reflects his direct ownership following the 536-share disposition to satisfy tax obligations on a restricted stock unit settlement.

What does transaction code F mean in the STEM (STEM) Form 4 for Saul R. Laureles?

Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. In this case, 536 STEM shares were automatically sold to cover Saul R. Laureles’ tax obligation from a previously reported restricted stock unit settlement, rather than an elective sale.