Stem Inc Stockholders Decide on Directors and Equity Plan
Company Announcements

Stem Inc Stockholders Decide on Directors and Equity Plan

Stem Inc (STEM) has shared an announcement.

At Stem, Inc.’s 2024 Annual Meeting, stockholders cast their votes on crucial proposals, including the election of three Class III directors and the approval of the 2024 Equity Incentive Plan, which allows for over 14 million shares to be issued, adjusted for certain conditions. Additionally, the executive officers’ compensation and the company’s independent auditor were endorsed, while a proposed amendment for officer exculpation fell short of the required votes. These decisions are set to shape the company’s governance and incentive structures moving forward.

Find detailed analytics on STEM stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyStem price target lowered to 60c from $1 at UBS
TheFlyLargest borrow rate increases among liquid names
TipRanks Auto-Generated NewsdeskStem, Inc. Faces NYSE Delisting Risk: Can It Recover in Time?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App