Matthew Tappin, who serves as President, Software Products at Stem, Inc. (NYSE:STEM), recorded a sale of 366 shares of the companys common stock on February 20, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $11.40 per share for an aggregate transaction amount of $4172.
Following that disposition, Tappin directly holds 2237 shares of Stem stock. The transaction was recorded while the market price for STEM was trading at $10.62 and the shares had fallen 36% over the prior six months.
Context and available research
InvestingPro analysis notes Stem appears on its Most Undervalued list based on the services Fair Value assessment. For market participants seeking further research, the platform lists one of over 1,400 comprehensive Pro Research Reports covering STEM, as well as 15 additional ProTips available on InvestingPro.
Recent management moves
The company has also announced changes to its leadership team and board. Rahul Shukla will step down as chief accounting officer effective December 19. Jeffrey Cabot is slated to assume the CAO role on January 5, 2026; his background includes positions at Oak View Group and Air Methods Corporation.
In a separate governance update, Stems Board of Directors added CEO Arun Narayanan as a Class I Director effective December 1, 2025. Narayanan has led the company since January 2025 and has been central to Stems reorientation toward a software-centric clean energy strategy. Under his tenure, the company has reported positive adjusted EBITDA and growth in software revenue.
Implications noted in filings and corporate updates
The insider sale and the set of executive and board changes are presented in public filings and company notices. The information available through those filings and InvestingPros research resources provides the factual record; the companys strategic messaging points to a focus on software-driven clean energy solutions accompanied by reported improvements in adjusted EBITDA and software revenue.
Readers should note the details above are drawn from the SEC filing and company announcements; they represent the recorded transaction and the documented leadership changes.