Amendment to Statement of Changes in Beneficial Ownership (Form 4/A)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Musfeldt Brian 2. Issuer Name and Ticker or Trading Symbol STEM, INC. [STEM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 1400 POST OAK BOULEVARD, SUITE 560 3. Date of Earliest Transaction (Month/Day/Year) 07/17/2025 (Street) HOUSTON, TX 77056 4. If Amendment, Date Original Filed (Month/Day/Year) 08/19/2025 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Unit

(1)

07/17/2025

A

2,500

(2)

(2)

Common Stock, Par Value $0.0001 Per Share

2,500

$ 0

2,500(3)

D

Performance Stock Unit

(1)

07/17/2025

A

6,750

(4)

(4)

Common Stock, Par Value $0.0001 Per Share

6,750

$ 0

6,750(5)

D

Stock Option

$9.27

07/17/2025

A

1,250

(6)

07/17/2035

Common Stock, Par Value $0.0001 Per Share

1,250

$ 0

1,250(3)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Musfeldt Brian 1400 POST OAK BOULEVARD SUITE 560 HOUSTON, TX 77056			Chief Financial Officer

Signatures

/s/ Sarah Dunn, attorney-in-fact		10/02/2025
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Each restricted stock unit ("RSU") and performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
(2)	On July 17, 2025, the Reporting Person was granted 2,500 RSUs vesting 100% on August 7, 2027, subject to the Reporting Person's continued service to the Issuer through the vesting date.
(3)	3. This grant was inadvertently omitted from the original Form 4.
(4)	On July 17, 2025, the Reporting Person was granted 6,750 PSUs, a portion of which vests, if the volume-weighted average price of the Issuer's common stock for any consecutive sixty (60) trading-day period equals or exceeds a stock price target.
(5)	This amendment corrects an error in the original Form 4, which reported a grant of 5,500 PSUs instead of 6,750 PSUs.
(6)	On July 17, 2025, the Reporting Person was granted 1,250 stock options vesting 100% on August 7, 2027, subject to the Reporting Person's continued service to the Issuer through the vesting date.
Remarks: The original Form 4, filed on August 19, 2025, is being amended by this Form 4 amendment to (i) report grants of RSUs and stock options that were inadvertently omitted in the original Form 4 and (ii) correct the number of PSUs granted.

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