---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-020088"
form_type: "8-K/A"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:34:17.710286+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Stem details separation terms for ex-CFO Bush: $318,750 severance, equity forfeiture

## Summary
- Cash severance of $318,750 (9 months base salary) plus pro rata FY2024 bonus based on actual board-determined performance.
- COBRA premium reimbursement for up to 9 months; all unvested stock options and RSUs cancelled and forfeited.
- Vested options exercisable until 3 months after Separation Date (Nov 8, 2024) or award expiration, whichever earlier.
- Separation agreement signed Jan 30, 2025; payments conditional on non-revocation of release and compliance with confidentiality, non-disparagement, and non-competition covenants.

## SEC filing metadata
- accession: 0001193125-25-020088
- form_type: 8-K/A
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000119312525020088/0001193125-25-020088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000119312525020088/d858889d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-020088
- JSON: https://secwatch.observer/filing/0001193125-25-020088.json
- Plain text: https://secwatch.observer/filing/0001193125-25-020088.txt

## Key facts
- Executive change
  David Bush departed as Chief Financial Officer at STEM, INC..
  - Action: departed
  - Role: Chief Financial Officer
  source text: On January 30, 2025, the Company and Mr. Bush entered into a Separation and Release of Claims Agreement (the “Separation Agreement”), pursuant to which Mr. Bush is entitled to receive the following payments and benefits in accordance with the existing terms of his employment agreement with the Company:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758766/000119312525020088/0001193125-25-020088-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.