David Buzby compensation by year
STEM Summary Compensation Table · all 2 fiscal years held| Component | FY2024 | FY2025 |
|---|---|---|
| Salary | $289,062 | $173,089 |
| Bonus | $282,787 | $0 |
| Stock awards | $140,000 | $81,747 |
| Option awards | $164,000 | $10,075 |
| Non-equity incentive | $0 | $0 |
| Pension and deferred compensation | $0 | $0 |
| All other | $11,708 | $0 |
| Total | $887,557 | $264,911 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: STEM, INC. DEF 14A filed April 24, 2026, accession 0001758766-26-000037, and prior-year filings. Open the filing on EDGAR.
How this page was built: the STEM, INC. filed document, accession 0001758766-26-000037. Every figure is read from that document and cited to the page and table it appears in. Filed April 24, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 7,486 | $112,664 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in STEM, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
3 Form 4 lines since the FY2025 proxy (filed April 24, 2026)current to 2026-11-10 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-08-07 | Exercise or conversion derivative | — | 7,486 | $0.00 | 0 |
| 2026-08-07 | Exercise or conversion | — | 7,486 | — | 7,486 |
| 2026-06-03 | Grant or award derivative | — | 12,168 | $0.00 | 12,168 |
The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
STEM’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Arun Narayanan | Chief Executive Officer | $2,068,248 |
| Michael Carlson | President, Managed Services & OEM Hardware | $1,365,356 |
| Saul Laureles | Chief Legal Officer and Corporate Secretary | $1,350,315 |
| David Buzby · this page | Former Interim Chief Executive Officer and Executive Chair of the Board | $264,911 |
Board service
STEM board · FY2023–FY2025| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | $0 | $0 | $0 | $0 | — |
| FY2024 | $87,000 | $110,236 | $0 | $0 | $226,400 |
| FY2023 | $110,000 | $140,000 | — | — | $250,000 |
Each year as the company reported it in STEM's director compensation table. Totals are the company's own disclosed totals.
How this board is paid
Company policy: STEM pays directors a $60,000 cash retainer and $81,747 in equity. As stated in STEM's FY2025 proxy.
David Buzby's compensation dossier, STEM
You have read David Buzby's totals and holdings. The dossier adds each equity grant STEM disclosed for David Buzby and STEM's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
See an example →The full STEM compensation record
free company briefThis page is one person within STEM's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the STEM proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order STEM's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are STEM's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Order STEM
Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.