other material
confidence high
sentiment neutral
materiality 0.45
Stem Inc. annual meeting results: officer exculpation amendment fails
STEM, INC.
- Proposal 5 (officer exculpation) did not pass; received 54.2M for, 8.3M against, needed 66.7% of outstanding shares.
- Stockholders approved the 2024 Equity Incentive Plan (36.5M for, 21.4M against) with 14.2M shares reserved.
- Class III directors Buzby, Carrington, Morgan each elected with 40-44M votes for; broker non-votes of ~39.8M.
- Advisory vote on executive compensation passed (39.1M for, 23.4M against).
- Ratification of Deloitte & Touche as auditor for FY2024 passed overwhelmingly (100.7M for).