secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001758766-23-000088
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Stem Inc. shareholders reject three governance proposals at annual meeting
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/0001758766-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876623000088/stem-20230607.htm
  HTML page:      https://secwatch.observer/filing/0001758766-23-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer