Harris Jonathan 4

4 · Owlet, Inc. · Filed Apr 30, 2026

AI-generated summary of this filing

Updated Apr 30, 2026

Owlet (OWLT) CEO Jonathan Harris Sells Shares and Receives RSUs

What Happened

Jonathan Harris, President and CEO of Owlet, reported multiple open-market sales and RSU awards. Between July 17, 2025 and February 26, 2026 he sold a total of 26,750 shares for aggregate proceeds of about $276,788 (individual sales ranged from $7.72 to $11.50 per share). He also recorded two non-cash acquisitions (awards) totaling 101,690 RSUs (60,024 and 41,666 shares) with $0 purchase price.
The sales are routine open-market disposals; the acquisitions are equity awards (restricted stock units), including a performance-based tranche that was certified on February 26, 2026.

Key Details

Transaction dates & amounts:
- 2025-07-17: Sold 1,945 shares @ $8.03 = $15,618
- 2025-08-19: Sold 3,315 shares @ $7.72 = $25,592
- 2025-09-30: Awarded 60,024 RSUs @ $0.00 (non-cash award)
- 2025-10-16: Sold 1,851 shares @ $8.75 = $16,196
- 2025-11-17: Sold 3,423 shares @ $10.49 = $35,907
- 2026-02-17: Sold 3,540 shares @ $10.65 = $37,701
- 2026-02-26: Awarded 41,666 RSUs @ $0.00 (performance-based; certified)
- 2026-02-26: Sold 12,676 shares @ $11.50 = $145,774
Total sold: 26,750 shares for ~ $276,788. Total RSUs reported: 101,690 shares awarded (non-cash).
Footnotes of note:
- F1: At least one transaction was reported late due to an administrative oversight (filing timeliness = L).
- F2: Some shares were automatically sold to cover taxes/fees on RSU vesting (non-discretionary, tax withholding).
- F3: The 60,024 RSUs vest 100% on December 15, 2026, subject to continued service.
- F4: The 41,666 shares reflect a performance-based RSU tranche certified (and vested upon certification) on Feb 26, 2026; it is one of six tranches tied to cumulative net revenue targets.
Shares owned after these transactions: Not specified in the excerpt provided.

Context

The acquisitions are RSU awards (compensation), not cash purchases; some RSUs vest over time (time-based) while others are performance-based and vested upon certification. Automatic sales to cover taxes are common and do not necessarily indicate a change in insider sentiment. The filing notes a late report for at least one transaction (administrative oversight), which investors should consider when assessing timing.

Form 4Exit

Period: 2025-07-17

President and CEO

Transactions

Footnotes (4)

[F1]This transaction is being reported late due to an administrative oversight.
[F2]Represents shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock units ("RSUs").
[F3]Reflects RSUs for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 100% of the RSUs shall vest on December 15, 2026, subject to the Reporting Person's continued service to the Issuer through such vesting date.
[F4]Represents shares of Common Stock earned with respect to a performance-based RSU granted on November 30, 2025. The Issuer's compensation committee certified the first tranche of attainment of the performance measures on February 26, 2026. These RSUs become vested upon certification of performance measures. This portion is one of six equal tranches, each of which has its own vesting goal based on achievement of cumulative net revenue over the period beginning on January 1, 2025 and ending on December 31, 2028, subject to the Reporting Person's continued service to the Issuer through such vesting date.

Signature

/s/ Kirsten O'Donnell, Attorney-in-Fact|2026-04-30

1 file