{"schema_version":"secwatch.filing_event.v1","accession":"0001758766-23-000088","form_type":"8-K","ticker":"STEM","cik":"0001758766","company_name":"STEM, INC.","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.415230+00:00","generated_at":"2026-06-14T05:57:13.236919+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Stem Inc. shareholders reject three governance proposals at annual meeting","bullets":["Directors Daley, Tammineedi, Troe elected with ~59M votes each; 34.5M broker non-votes.","Proposal to declassify board over five years failed (61.9M for, needed 66 2/3% of outstanding).","Proposal to eliminate supermajority vote requirements also failed (61.3M for, needed 66 2/3%).","Auditor ratification passed (96.6M for); advisory say-on-pay passed (46.4M for, 15.8M against)."],"urls":{"canonical":"https://secwatch.observer/filing/0001758766-23-000088","json":"https://secwatch.observer/filing/0001758766-23-000088.json","markdown":"https://secwatch.observer/filing/0001758766-23-000088.md","text":"https://secwatch.observer/filing/0001758766-23-000088.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/stem-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:57:13.236919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03bd302ecd72546e000e942b02a38080e9c01a56","claim":"STEM, INC. shareholders approved Election of three Class II directors at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 1 – Election of Directors. The following Class II director nominees were elected for a three-year term, or until their respective successors are duly elected and qualified: Name Votes For Votes Withheld Broker Non-Votes Adam E. Daley 59,179,725 3,354,997 34,512,214 Anil Tammineedi 58,445,467 4,089,255 34,512,214 Lisa L. Troe 58,738,115 3,796,607 34,512,214","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"3be90a2c1f5a66c8f5c3b92cb776e67c11d75be8","claim":"STEM, INC. shareholders rejected Amendment and restatement of Certificate of Incorporation to eliminate supermajority voting requirements to amend Certificate of Incorporation and Bylaws at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 3 – Amendment and Restatement of our Certificate of Incorporation to Eliminate Supermajority Voting Requirements to Amend our Certificate of Incorporation and Bylaws. Proposal 3 did not receive the required affirmative vote of at least 66 2⁄3% of the Company’s outstanding shares of common stock entitled to vote. 3 Votes For Votes Against Abstentions Broker Non-Votes 61,339,559 886,885 308,278 34,512,214","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"3cf1bea3c4f9140bc0adb8c21c70abefaaa82dc5","claim":"STEM, INC. shareholders rejected Amendment and restatement of Certificate of Incorporation to limit the liability of certain officers of the Company in accordance with recent amendments to Delaware law at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 4 – Amendment and Restatement of our Certificate of Incorporation to Limit the Liability of Certain Officers of the Company, in accordance with Recent Amendments to Delaware Law. Proposal 4 did not receive the required affirmative vote of at least 66 2⁄3% of the Company’s outstanding shares of common stock entitled to vote. Votes For Votes Against Abstentions Broker Non-Votes 52,647,678 9,609,548 277,496 34,512,214","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"751fe6fb73bb3999fe11441703b9cd351757fdae","claim":"STEM, INC. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 5 – Ratification of Independent Auditor for 2023. Stockholders ratified the selection of Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023, by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 96,553,592 366,142 127,202 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"cfb0915ca3d9bd34d248cfdc2350288eb7e11aee","claim":"STEM, INC. shareholders approved Advisory vote on executive compensation at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 6 – Advisory Vote on Executive Compensation. Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 46,437,195 15,778,304 319,223 34,512,214","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"},{"claim_id":"f2faa9222aa4eb85ebe6e94aa0c915f55ed4e2cf","claim":"STEM, INC. shareholders rejected Amendment and restatement of Certificate of Incorporation to declassify Board of Directors over a five-year period at the 2023-06-07 meeting.","evidence_excerpt":"Proposal 2 – Amendment and Restatement of our Certificate of Incorporation to Declassify our Board of Directors over a Five-year Period. Proposal 2 did not receive the required affirmative vote of at least 66 2⁄3% of the Company’s outstanding shares of common stock entitled to vote. Votes For Votes Against Abstentions Broker Non-Votes 61,900,202 417,858 216,662 34,512,214","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-06-07"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}