Stem stockholders approve 425,000-share equity plan expansion at 2026 annual meeting

Filed June 3, 2026 · Period ending June 3, 2026 · ~1 min read

Key Changes

• medium

  Stockholders approved expanding the 2024 Equity Incentive Plan by 425,000 shares and extending its term, passing with 81% support (1.6M for vs 388K against). This increases dilution potential for existing shareholders.

  Item 5.07 verify on EDGAR →
• low

  Three Class II directors (Ira Birns, Adam Daley, Anil Tammineedi) were elected to serve three-year terms until 2029, each receiving majority stockholder support with 1.8M-2.0M votes in favor.

  Item 5.07 verify on EDGAR →
• low

  Executive compensation received 94% stockholder approval in non-binding say-on-pay vote (1.9M for vs 129K against), indicating support for current pay practices.

  Item 5.07 verify on EDGAR →