leadership
confidence high
sentiment neutral
materiality 0.40
Stem discloses CFO Hole's separation terms: $475k cash, advisor agreement for RSU vesting
STEM, INC.
- Cash payment of $475,000 (12 months base salary), pro rata FY2025 bonus, and COBRA reimbursement up to 9 months.
- All unvested stock options and RSUs cancelled/forfeited except those covered by the Advisor Agreement.
- Advisor agreement pays $18,269.23 cash and allows certain RSUs to vest by Aug 7, 2025 in exchange for services and non-compete/non-disparagement covenants.
item 5.02