Kim John C. 4

What Happened
John C. Kim, a director of Owlet, Inc. (OWLT), was granted 18,996 restricted stock units (RSUs) on October 16, 2025. The RSUs were issued at $0.00 (no cash paid) and each RSU entitles him to receive one share of common stock upon vesting. This is an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2025-10-16 (Period of Report). Form filed 2026-04-30. The filing was reported late due to an administrative oversight (Footnote F1). Timeliness: L (late).
• Transaction type/code: Award/Grant (A) of 18,996 RSUs at $0.00 per unit.
• Vesting: RSUs convert 1-for-1 to common shares upon vesting; they will fully vest on the earlier of (a) the first anniversary of the grant date or (b) immediately prior to the next annual meeting of stockholders, subject to continued service (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing details.
• No immediate cash value recorded in the filing because RSUs are contingent awards that vest in the future.

Context

• RSU grants are common compensation for executives and directors; they do not reflect an immediate purchase or sale and only result in actual shares once vested and settled.
• The late filing is noted in the report and was attributed to administrative oversight; late reporting does not change the nature of the award but may be relevant for compliance tracking.