Home / Auditor changes / STEM, INC.
Filed 2026-03-17 路 Form 8-K 路 Accession 0001758766-26-000031 micro
Price before filing: $10.89 (2026-03-16 close, split/dividend-adjusted)
Market cap at flag: $92.8M (2026-03-17) 路 Latest: $31.7M (2026-10-16)
| Window | STEM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -1.7% | +5.2% | -6.9% | 2026-04-16 |
| 90 days | -28.7% | +13.1% | -41.9% | 2026-06-15 |
| 180 days | -56.4% | +14.3% | -70.7% | 2026-09-14 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 4 insiders sold $114K (9 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-20 | Tappin Matthew President, Software Products | Sale | 366 | $11.40 | $4K | no | Form 4 |
| 2026-03-03 | Laureles Saul R. Chief Legal Officer | Sale | 292 | $9.67 | $3K | no | Form 4 |
| 2026-03-03 | Tappin Matthew President, Software Products | Sale | 300 | $9.67 | $3K | no | Form 4 |
| 2026-03-04 | Tappin Matthew President, Software Products | Sale | 185 | $10.00 | $2K | no | Form 4 |
| 2026-03-10 | Carlson Michael James President, Managed Services | Sale | 2,079 | $11.12 | $23K | no | Form 4 |
| 2026-03-10 | Laureles Saul R. Chief Legal Officer | Sale | 942 | $11.12 | $10K | no | Form 4 |
| 2026-03-10 | Narayanan Arun Chief Executive Officer | Sale | 5,145 | $11.12 | $57K | no | Form 4 |
| 2026-03-10 | Tappin Matthew President, Software Products | Sale | 655 | $11.12 | $7K | no | Form 4 |
| 2026-03-11 | Tappin Matthew President, Software Products | Sale | 402 | $10.83 | $4K | yes | Form 4 |
| 2026-03-17: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-17 to 2026-04-16. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"(the " Company ") approved the dismissal of Deloitte & Touche LLP (" Deloitte ") as the Company's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: yes
Former auditor: Deloitte & Touche LLP · New auditor: RSM US LLP
Why this score: disagreements reported
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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