Carlson Michael James 4
4 · STEM, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
STEM (STEM) President Michael Carlson Receives RSU/PSU Award
What Happened Michael James Carlson, President, Managed Services at STEM, was granted a total of 43,000 contingent equity units on February 26, 2026: 25,800 restricted stock units (RSUs) and 17,200 performance stock units (PSUs). Both awards are recorded at $0.00 (derivative awards/contingent rights to common shares) and do not represent an open-market purchase or sale. The RSUs vest in three nearly equal annual installments (33%, 33%, 34%) beginning March 7, 2027. The PSUs vest only if the volume-weighted average price (VWAP) of STEM’s common stock meets or exceeds a specified stock-price target measured over any consecutive 60 trading-day period.
Key Details
- Transaction date: February 26, 2026; filing date: March 2, 2026. No late-filing flag indicated.
- Grant type/code: A (award/grant); price reported $0.00; total units granted = 43,000 (25,800 RSUs + 17,200 PSUs).
- RSU vesting: three installments (33% / 33% / 34%) beginning March 7, 2027 (per footnote).
- PSU vesting: contingent on achieving a VWAP-based stock-price target over any consecutive 60 trading days (per footnote).
- Shares owned after transaction: not specified in the filing.
- Footnote summary: each RSU/PSU represents a contingent right to one share if/when vested.
Context These awards are compensation-driven equity grants (not purchases or sales) that will only convert into actual shares if vesting conditions are met. RSUs provide time-based vesting; PSUs are performance-based and dependent on a stock-price target—so their eventual value and dilution depend on future stock performance and attainment of the target.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-02-26+25,800→ 25,800 total→ Common Stock, Par Value $0.0001 Per Share (25,800 underlying) - Award
Performance Stock Unit
[F1][F3]2026-02-26+17,200→ 17,200 total→ Common Stock, Par Value $0.0001 Per Share (17,200 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") and performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]On February 26, 2026, the Reporting Person was granted 25,800 RSUs vesting in three nearly equal annual installments (33%, 33%, 34%), beginning on March 7, 2027.
- [F3]On February 26, 2026, the Reporting Person was granted 17,200 PSUs, a portion of which vests, if the volume-weighted average price of the Issuer's common stock for any consecutive sixty (60) trading-day period equals or exceeds a stock price target.