Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-21

Stem Inc (STEM)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,068,248
Arun Narayanan total, FY2025
6th
CEO pay percentile vs peers
CEO-to-median pay ratio
92.6%
Say-on-pay support, latest vote
Companies that benchmark against STEM
4 companies name STEM as a compensation peer

Each company listed discloses STEM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named STEM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Arun Narayanan$520,266$743,079$791,213$0$0$0$13,690$2,068,248
Chief Executive Officer
Michael Carlson430,373379,923525,96529,0950001,365,356
President, Managed Services & OEM Hardware
Saul Laureles410,223376,424525,96529,095008,6081,350,315
Chief Legal Officer and Corporate Secretary
David Buzby173,089081,74710,075000264,911
Former Interim Chief Executive Officer and Executive Chair of the Board

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Arun Narayanan$2,068,248
Michael Carlson1,365,3561,097,377+267,979
Saul Laureles1,350,315
David Buzby264,911887,557−622,646

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Krishna ShivramDirector2026-06-03A12,168$0$0Derivative, Class A CommonForm 4 ↗
David BuzbyDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Ira BirnsDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Vasudevan (Vasu) GuruswamyDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Anil TammineediDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Adam E. DaleyDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Laura D'Andrea TysonDirector2026-06-03A12,16800Derivative, Class A CommonForm 4 ↗
Arun NarayananChief Executive Officer2026-06-30D8,12500Derivative, Class A CommonForm 4 ↗
Saul LaurelesChief Legal Officer2026-06-30A5,000839,050CommonForm 4 ↗
Arun NarayananChief Executive Officer2026-06-30D1,996815,669CommonForm 4 ↗
Saul LaurelesChief Legal Officer2026-06-30D67585,299CommonForm 4 ↗
Michael CarlsonPresident, Managed Services2026-06-30A5,000839,050CommonForm 4 ↗
Michael CarlsonPresident, Managed Services2026-06-30A2,750821,478CommonForm 4 ↗
Michael CarlsonPresident, Managed Services2026-06-30D5,00000Derivative, Class A CommonForm 4 ↗
Arun NarayananChief Executive Officer2026-06-30A8,125863,456CommonForm 4 ↗
Matthew TappinPresident, Software Products2026-06-30A2,750821,478CommonForm 4 ↗
Michael CarlsonPresident, Managed Services2026-06-30D1,347810,574CommonForm 4 ↗
Saul LaurelesChief Legal Officer2026-06-30A2,750821,478CommonForm 4 ↗
Saul LaurelesChief Legal Officer2026-06-30D2,75000Derivative, Class A CommonForm 4 ↗
Saul LaurelesChief Legal Officer2026-06-30D5,00000Derivative, Class A CommonForm 4 ↗
Matthew TappinPresident, Software Products2026-06-30D99687,819CommonForm 4 ↗
Matthew TappinPresident, Software Products2026-06-30D5,00000Derivative, Class A CommonForm 4 ↗
Michael CarlsonPresident, Managed Services2026-06-30D2,75000Derivative, Class A CommonForm 4 ↗
Matthew TappinPresident, Software Products2026-06-30A5,000839,050CommonForm 4 ↗
Matthew TappinPresident, Software Products2026-06-30D2,75000Derivative, Class A CommonForm 4 ↗
Brian MusfeldtChief Financial Officer2026-07-17D3,37500Derivative, Class A CommonForm 4 ↗
Brian MusfeldtChief Financial Officer2026-07-17D99666,086CommonForm 4 ↗
Brian MusfeldtChief Financial Officer2026-07-17A3,375621,128CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Arun NarayananOTHER$791,213
Saul LaurelesOPTION29,095
Michael CarlsonOTHER525,965
Saul LaurelesOTHER525,965
David BuzbyOPTION10,075
Michael CarlsonOPTION29,095
David BuzbyOTHER81,747
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Saul Laureles$0$0$29,0950.0%
Michael Carlson0029,0950.0%
David Buzby0010,0750.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Saul LaurelesRSU15,000$225,750
Saul LaurelesOption3,00067.4
Michael CarlsonRSU7,084106,614
Saul LaurelesRSU1,79026,940
Michael CarlsonOption420256.6
Michael CarlsonOption1,735205
Michael CarlsonOption3,64467.4
Michael CarlsonRSU3054,590
Michael CarlsonOption5,5006.23
Michael CarlsonPSU8,250124,163
Arun NarayananRSU48,750733,688
Michael CarlsonRSU1,34220,197
Saul LaurelesRSU13,750206,938
Arun NarayananRSU8,125122,282
Arun NarayananPSU24,375366,844
Saul LaurelesOption1,412186.6
Saul LaurelesOption2,313205
Michael CarlsonPSU15,000225,750
Michael CarlsonRSU13,750206,938
Saul LaurelesPSU15,000225,750
Saul LaurelesPSU8,250124,163
David BuzbyRSU7,486112,664
Saul LaurelesRSU5,83487,802
Saul LaurelesRSU90413,605
Saul LaurelesOption5,5006.23
Michael CarlsonRSU15,000225,750
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company seeks to attract, retain and motivate top executive talent through a competitive total direct compensation program consisting of base salary, annual cash incentive awards, and long-term equity incentive awards, with a greater emphasis on LTI awards for more senior executives. The Compensation Committee seeks to achieve an appropriate balance between annual cash rewards that encourage achievement of annual financial and non-financial objectives, and LTI awards that encourage positive long-term stock price performance, reflecting a pay-for-performance culture.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-031,891,571128,69222,50792.6%Passed
20252025-06-0423,900,1867,550,2275,341,53875.99%Passed
20242024-05-2939,114,76423,445,245530,97062%Passed
20232023-06-0746,437,19515,778,304319,22374.26%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0392.6%a
20252025-06-0475.99%b
20242024-05-2962%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote " against " this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Laura D'Andrea TysonIndependent · Audit · Nominating (Chair)$165,138$81,747$0$0$0$246,885
Anil TammineediIndependent · Compensation · Nominating163,13881,747000244,885
Krishna ShivramIndependent · Compensation (Chair)69,236109,871000179,107
Vasudevan (Vasu) GuruswamyIndependent · Nominating66,735109,871000176,606
Ira BirnsIndependent · Audit (Chair)92,56981,747000174,316
Adam E. DaleyIndependent · Audit · Compensation88,93981,747000170,686
Gerard CunninghamNot independent · Departed during FY15,000000015,000
Jane WoodwardIndependent · Audit · Departed during FY5,833005,833
David BuzbyIndependent · Board Chair000000
Arun NarayananEmployee director · Partial-year service00000
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$81,747
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 12,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$666,588
Equity awards (grant-date value)$546,730
All other compensation$0
Total cost of the board$1,213,318

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Stem Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Stem Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Cerence Inc.2025Brian Krzanich$590,769$6,996,538$0$949,707$8,544,306
2Spire Global, Inc.2025Theresa Condor564,5255,363,4600468,0516,413,560
3Kaltura, Inc.2025Ron Yekutiel552,9855,431,5790353,4716,412,754
4Ooma, Inc.2026Eric Stang619,5513,852,8000500,0005,028,580
5Upland Software, Inc.2025John McDonald500,0004,235,000004,774,820
6SoundThinking, Inc.2025Ralph Clark472,5003,818,1510302,4004,600,051
7ChargePoint Holdings, Inc.2026Rick Wilmer625,0003,481,013004,106,013
8CS Disco, Inc.2025Eric Friedrichsen550,0002,837,0110544,5004,063,757
9Synchronoss Technologies, Inc.2024Jeffrey Miller520,0002,816,0000449,2803,842,280
10CPI Card Group Inc.2025John Lowe648,3652,611,9440520,0003,794,309
11Telos Corporation2025John B. Wood600,0002,200,075002,848,275
12Backblaze, Inc.2025Gleb Budman550,0002,113,504002,674,004
13Veritone, Inc.2025Ryan Steelberg665,0001,675,200002,506,450
14Arteris, Inc.2025K. Charles Janac477,000635,513557,924480,5302,166,523
15Stem Inc2025Arun Narayanan520,266791,213002,068,248
16LivePerson, Inc.2025John Sabino00000
Tucows Inc.not in coverage universe
ON24, Inc.not in coverage universe
CoreCard Corporationnot in coverage universe
Rimini Street, Inc.not in coverage universe
Crexendo, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Stem Inc129.8%RSU 50 · Options 25 · PSU 25NoFrederic W. Cook & Co., Inc.
Arteris, Inc.109.5%RSU 50 · Options 50not disclosedCompensia, Inc.
Backblaze, Inc.68%RSU 100not disclosedCompensia
Cerence Inc.160.93%PSU 50 · RSU 50NoFW Cook
ChargePoint Holdings, Inc.not disclosedPSU 75 · RSU 25NoFW Cook
CoreCard Corporationnot disclosednot disclosednot disclosednot disclosed
CPI Card Group Inc.80%RSU 67 · Cash LTI 33Yes — Relative TSRWillis Towers Watson
Crexendo, Inc.not disclosednot disclosednot disclosednot disclosed
CS Disco, Inc.not disclosednot disclosedNoCompensia
Kaltura, Inc.68%RSU 100not disclosedFW Cook
LivePerson, Inc.not disclosednot disclosednot disclosedThird-party compensation consultant
ON24, Inc.79.3%not disclosedNoCompensia
Ooma, Inc.80%RSU 100not disclosedCompensia Inc.
Rimini Street, Inc.84.6%PSU 50 · RSU 30 · Options 20NoWillis Towers Watson
SoundThinking, Inc.not disclosedRSU 50 · PSU 50NoAon
Spire Global, Inc.not disclosedRSU 100not disclosedCompensia, Inc.
Synchronoss Technologies, Inc.86.4%LTIP Units 65 · RSU 35Yes — Total Shareholder Return (TSR)Grant Thornton Advisors LLC
Telos Corporation152%PSU 100NoZayla Partners
Tucows Inc.not disclosednot disclosednot disclosednot disclosed
Upland Software, Inc.not disclosednot disclosedYes — Absolute TSRKorn Ferry
Veritone, Inc.not disclosednot disclosedYes — Relative TSR Metric - percentile ranking of Company's total shareholder return relative to S&P Software Services IndexCompensia, Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Arun NarayananDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table”. As printed: 2,068,248. Filing ↗machine: t28 · r2 · c8 · span 503952–503961
2Section 01, Michael CarlsonDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table”. As printed: 1,365,356. Filing ↗machine: t28 · r7 · c7 · span 512406–512416
3Section 01, Saul LaurelesDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table”. As printed: 1,350,315. Filing ↗machine: t28 · r9 · c7 · span 515965–515975
4Section 01, David BuzbyDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table”. As printed: 264,911. Filing ↗machine: t28 · r4 · c13 · span 507541–507549
5Section 03, Arun Narayanan OTHERDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t28 · r2 · c4 · span 502945–502952
6Section 03, Saul Laureles OPTIONDEF 14A2026-04-240001758766-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t39 · r4 · c6 · span 758526–758532
7Section 03, Michael Carlson OTHERDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t28 · r7 · c4 · span 511706–511713
8Section 03, Saul Laureles OTHERDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t28 · r9 · c4 · span 515341–515348
9Section 03, David Buzby OPTIONDEF 14A2026-04-240001758766-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t39 · r2 · c6 · span 751496–751502
10Section 03, Michael Carlson OPTIONDEF 14A2026-04-240001758766-26-000037Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t39 · r3 · c6 · span 754735–754741
11Section 03, David Buzby OTHERDEF 14A2026-04-240001758766-26-000037Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t28 · r4 · c7 · span 506585–506591
12Section 07, pay ratio10-K2026-03-050001758766-26-000016Section “CEO Pay Ratio”. As printed: —. Filing ↗
13Section 08, Laura D'Andrea TysonDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 246,885. Filing ↗machine: t44 · r4 · c10 · span 855362–855369
14Section 08, Anil TammineediDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 244,885. Filing ↗machine: t44 · r3 · c10 · span 853019–853026
15Section 08, Krishna ShivramDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 179,107. Filing ↗machine: t44 · r7 · c10 · span 862362–862369
16Section 08, Vasudevan (Vasu) GuruswamyDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 176,606. Filing ↗machine: t44 · r6 · c10 · span 860030–860037
17Section 08, Ira BirnsDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 174,316. Filing ↗machine: t44 · r5 · c10 · span 857687–857694
18Section 08, Adam E. DaleyDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 170,686. Filing ↗machine: t44 · r2 · c10 · span 850687–850694
19Section 08, Gerard CunninghamDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 15,000. Filing ↗machine: t45 · r1 · c2 · span 864350–864356
20Section 08, Jane WoodwardDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 5,833. Filing ↗machine: t45 · r2 · c2 · span 866553–866558
21Section 08, David BuzbyDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Arun NarayananDEF 14A2026-04-240001758766-26-000037Section “Director Compensation”. As printed: 0. Filing ↗
23Section 02, Krishna Shivram 2026-06-03Form 42026-06-040001512863-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, David Buzby 2026-06-03Form 42026-06-040001244203-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Ira Birns 2026-06-03Form 42026-06-040001396673-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Vasudevan (Vasu) Guruswamy 2026-06-03Form 42026-06-040001758766-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Anil Tammineedi 2026-06-03Form 42026-06-040001758766-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Adam E. Daley 2026-06-03Form 42026-06-040001821227-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Laura D'Andrea Tyson 2026-06-03Form 42026-06-040001758766-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Arun Narayanan 2026-06-30Form 42026-07-020002052035-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Saul Laureles 2026-06-30Form 42026-07-020001672864-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Arun Narayanan 2026-06-30Form 42026-07-020002052035-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Saul Laureles 2026-06-30Form 42026-07-020001672864-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Michael Carlson 2026-06-30Form 42026-07-020001948274-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Michael Carlson 2026-06-30Form 42026-07-020001948274-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Michael Carlson 2026-06-30Form 42026-07-020001948274-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Arun Narayanan 2026-06-30Form 42026-07-020002052035-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Matthew Tappin 2026-06-30Form 42026-07-020001986259-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Michael Carlson 2026-06-30Form 42026-07-020001948274-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Saul Laureles 2026-06-30Form 42026-07-020001672864-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Saul Laureles 2026-06-30Form 42026-07-020001672864-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Saul Laureles 2026-06-30Form 42026-07-020001672864-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Matthew Tappin 2026-06-30Form 42026-07-020001986259-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Matthew Tappin 2026-06-30Form 42026-07-020001986259-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Michael Carlson 2026-06-30Form 42026-07-020001948274-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Matthew Tappin 2026-06-30Form 42026-07-020001986259-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Matthew Tappin 2026-06-30Form 42026-07-020001986259-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Brian Musfeldt 2026-07-17Form 42026-07-210002081813-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Brian Musfeldt 2026-07-17Form 42026-07-210002081813-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Brian Musfeldt 2026-07-17Form 42026-07-210002081813-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
51Section 06, 2026 voteForm 8-K2026-06-030001758766-26-000059Item 5.07 · say-on-pay result. As reported: 92.6% (votes for as printed: 1,891,571). Filing ↗
52Section 06, 2025 voteForm 8-K2025-06-050001193125-25-135268Item 5.07 · say-on-pay result. As reported: 75.99% (votes for as printed: 23,900,186). Filing ↗
53Section 06, 2024 voteForm 8-K2024-05-290001758766-24-000108Item 5.07 · say-on-pay result. As reported: 62% (votes for as printed: 39,114,764). Filing ↗
54Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
55Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
56Section 09b board cost (computed)ComputedcomputedCash 666,588 + equity 546,730 + all other 0 = 1,213,318, summed across the director compensation table rows.machine: formula: Σ = 1,213,318
57Cerence Inc., Section 10b CEO totalDEF 14A2026-01-020001628280-26-000012CEO total compensation as printed in Cerence Inc.'s own proxy. As printed: 8,544,306. Filing ↗machine: r2 · c42 · span 627290–627299
58Spire Global, Inc., Section 10b CEO totalDEF 14A2026-04-130001193125-26-152898CEO total compensation as printed in Spire Global, Inc.'s own proxy. As printed: 6,413,560. Filing ↗machine: t24 · r2 · c25 · span 575624–575633
59Kaltura, Inc., Section 10b CEO totalDEF 14A2026-04-300001140361-26-018319CEO total compensation as printed in Kaltura, Inc.'s own proxy. As printed: 6,412,754. Filing ↗machine: r2 · c18 · span 296558–296567
60Ooma, Inc., Section 10b CEO totalDEF 14A2026-04-150001193125-26-156970CEO total compensation as printed in Ooma, Inc.'s own proxy. As printed: 5,028,580. Filing ↗machine: t17 · r2 · c29 · span 845378–845387
61Upland Software, Inc., Section 10b CEO totalDEF 14A2026-04-200001505155-26-000022CEO total compensation as printed in Upland Software, Inc.'s own proxy. As printed: 4,774,820. Filing ↗machine: span 341914–341923
62SoundThinking, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170312CEO total compensation as printed in SoundThinking, Inc.'s own proxy. As printed: 4,600,051. Filing ↗machine: r2 · c27 · span 344655–344664
63ChargePoint Holdings, Inc., Section 10b CEO totalDEF 14A2026-05-280001777393-26-000022CEO total compensation as printed in ChargePoint Holdings, Inc.'s own proxy. As printed: 4,106,013. Filing ↗machine: t18 · r2 · c28 · span 464412–464421
64CS Disco, Inc., Section 10b CEO totalDEF 14A2026-04-300001625641-26-000097CEO total compensation as printed in CS Disco, Inc.'s own proxy. As printed: 4,063,757. Filing ↗machine: r2 · c36 · span 254101–254110
65Synchronoss Technologies, Inc., Section 10b CEO totalDEF 14A2025-04-290001140361-25-016310CEO total compensation as printed in Synchronoss Technologies, Inc.'s own proxy. As printed: 3,842,280. Filing ↗machine: r2 · c25 · span 973036–973045
66CPI Card Group Inc., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040936CEO total compensation as printed in CPI Card Group Inc.'s own proxy. As printed: 3,794,309. Filing ↗machine: t60 · r6 · c25 · span 604980–604989
67Telos Corporation, Section 10b CEO totalDEF 14A2026-03-270001140361-26-011725CEO total compensation as printed in Telos Corporation's own proxy. As printed: 2,848,275. Filing ↗machine: r2 · c21 · span 688662–688671
68Backblaze, Inc., Section 10b CEO totalDEF 14A2026-04-150001140361-26-014778CEO total compensation as printed in Backblaze, Inc.'s own proxy. As printed: 2,674,004. Filing ↗machine: t82 · r2 · c18 · span 335635–335644
69Veritone, Inc., Section 10b CEO totalDEF 14A2026-05-260001140361-26-022660CEO total compensation as printed in Veritone, Inc.'s own proxy. As printed: 2,506,450. Filing ↗machine: r2 · c21 · span 391927–391936
70Arteris, Inc., Section 10b CEO totalDEF 14A2026-04-210001193125-26-166706CEO total compensation as printed in Arteris, Inc.'s own proxy. As printed: 2,166,523. Filing ↗machine: r2 · c31 · span 244035–244044
71Stem Inc (subject), Section 10b CEO totalDEF 14A2026-04-240001758766-26-000037CEO total compensation as printed in Stem Inc's own proxy. As printed: 2,068,248. Filing ↗machine: t28 · r2 · c8 · span 503952–503961
72LivePerson, Inc., Section 10b CEO totalDEF 14A2025-05-220001102993-25-000068CEO total compensation as printed in LivePerson, Inc.'s own proxy. As printed: 0. Filing ↗
73Section 10a, LivePerson, Inc. reciprocityDEF 14A0001102993-25-000068LivePerson, Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
74Section 10a, Ooma, Inc. reciprocityDEF 14A0001193125-26-156970Ooma, Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
75Section 10a, SoundThinking, Inc. reciprocityDEF 14A0001193125-26-170312SoundThinking, Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
76Section 10a, Cerence Inc. reciprocityDEF 14A0001628280-26-000012Cerence Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
77Section 10a, Synchronoss Technologies, Inc. reciprocityDEF 14A0001140361-25-016310Synchronoss Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
78Section 10a, Telos Corporation reciprocityDEF 14A0001140361-26-011725Telos Corporation's most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗
79Section 10a, ChargePoint Holdings, Inc. reciprocityDEF 14A0001777393-26-000022ChargePoint Holdings, Inc. names Stem Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
80Section 10a, Rimini Street, Inc. reciprocityDEF 14A0001635282-26-000044Rimini Street, Inc.'s most recent proxy was read; its disclosed peer group does not include Stem Inc. Filing ↗