Durr Laura 4

What Happened

• Laura Durr, a director of Owlet, Inc. (OWLT), was granted 18,996 restricted stock units (RSUs) on October 16, 2025. The RSUs were reported as an award/acquisition (code A) at $0.00 per share (total reported cost $0). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: October 16, 2025. Report filed: May 1, 2026 (late).
• Transaction type/code: Award/Grant (A) of 18,996 RSUs at $0.00.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Vesting: Per the filing, each RSU converts to one share on vesting. The RSUs fully vest on the earlier of (a) the first anniversary of the grant or (b) immediately prior to the next annual meeting of stockholders, subject to continued service (see footnote F2).
• Timeliness: The filing was reported late due to an administrative oversight (footnote F1). Late filings reduce timely public transparency but do not by themselves indicate wrongdoing.

Context

• RSU grants are common director compensation and do not necessarily signal a purchase-based bullish bet by the insider — they are typically tied to service or performance and vest over time.
• Because this was an award (not a market purchase or sale), there was no cash exchanged at grant; eventual shares will be issued upon vesting and may be subject to withholding or other tax-related dispositions (not detailed here).