secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001758766-24-000108
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.07, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Stem Inc. annual meeting results: officer exculpation amendment fails
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876624000108/0001758766-24-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876624000108/stem-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001758766-24-000108

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