secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K/A
Filed at:   2025-03-25T23:59:59+00:00
Accession:  0001758766-25-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Stem discloses separation terms with ex-CEO Carrington: $600K cash, COBRA, accelerated RSUs
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- Cash payment of $600,000 (12 months base salary) plus COBRA premium reimbursements up to 12 months.
- All unvested stock options and RSUs forfeited; 171,428 RSUs from Closing Grant received accelerated vesting.
- Vested stock options remain exercisable for 3 months after Separation Date or until original expiration, whichever earlier.
- Separation Agreement executed March 24, 2025, amending prior 8-K filed Sept 16, 2024 regarding CEO departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000007/0001758766-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000007/stem-20250324.htm
  HTML page:      https://secwatch.observer/filing/0001758766-25-000007

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