secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K/A
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001758766-25-000023
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Stem discloses CFO Hole's separation terms: $475k cash, advisor agreement for RSU vesting
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000023/0001758766-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000023/stem-20250630.htm
  HTML page:      https://secwatch.observer/filing/0001758766-25-000023

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