Owlet (OWLT) ex-CEO Harris reports share sales and RSU awards in Form 4

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Owlet, Inc. former President & CEO Jonathan Harris reported a mix of stock sales and equity awards in Owlet common stock. On February 26, 2026, he sold 12,676 shares at $11.50 per share in an automatic, non-discretionary transaction to cover taxes and fees tied to vesting restricted stock units. That same day, he received 41,666 shares at no cost through stock awards, including performance-based RSUs linked to cumulative net revenue goals through December 31, 2028. The filing also lists several smaller open-market sales between July 2025 and February 2026. After these transactions, Harris directly holds 352,012 shares of Owlet common stock, with a net sale of 26,750 shares across the reported period.

Insider Trade Summary

Net Seller: 26,750 shares ($276,789)

Net Sell 8 txns

Insider Harris Jonathan

Role null

Sold 26,750 shs ($277K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	41,666	$0.00	--
Sale	Common Stock	12,676	$11.50	$146K
Sale	Common Stock	3,540	$10.65	$38K
Sale	Common Stock	3,423	$10.49	$36K
Sale	Common Stock	1,851	$8.75	$16K
Grant/Award	Common Stock	60,024	$0.00	--
Sale	Common Stock	3,315	$7.72	$26K
Sale	Common Stock	1,945	$8.03	$16K

Holdings After Transaction: Common Stock — 352,012 shares (Direct, null)

Footnotes (1)

This transaction is being reported late due to an administrative oversight. 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"). 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. 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.

Key Figures

Automatic tax-cover sale: 12,676 shares at $11.50 Stock awards granted: 41,666 shares at $0.00 Prior open-market sale: 3,540 shares at $10.65 +4 more

7 metrics

Automatic tax-cover sale 12,676 shares at $11.50 Common stock sold on February 26, 2026 to cover taxes and fees

Stock awards granted 41,666 shares at $0.00 Common stock acquired via grants/awards on February 26, 2026

Prior open-market sale 3,540 shares at $10.65 Common stock sold on February 17, 2026

Earlier open-market sale 3,423 shares at $10.49 Common stock sold on November 17, 2025

Net shares sold 26,750 shares Net sell shares across reported transactions

Shares held after transactions 352,012 shares Direct Owlet common stock holdings after latest reported activity

Performance RSU tranches 6 tranches Performance-based RSU with six equal tranches tied to revenue goals

Key Terms

restricted stock units ("RSUs"), performance-based RSU, non-discretionary transaction, cumulative net revenue, +1 more

5 terms

restricted stock units ("RSUs") financial

"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")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance-based RSU financial

"Represents shares of Common Stock earned with respect to a performance-based RSU granted on November 30, 2025."

Performance-based RSUs are promises to deliver company stock to employees only if the firm or the individual meets preset financial or operational targets; they convert into actual shares when those goals are achieved. For investors, they matter because they link pay to results—shaping management incentives, affecting future share count and earnings reports, and signaling how confident leadership is about hitting measurable milestones (think of a bonus that only pays out if sales or profit goals are reached).

non-discretionary transaction financial

"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")."

cumulative net revenue financial

"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"

continued service financial

"subject to the Reporting Person's continued service to the Issuer through such vesting date."

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 04:46 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harris Jonathan

(Last)

(First)

(Middle)

C/O OWLET, INC.

2940 WEST MAPLE LOOP DRIVE SUITE 203

(Street)

LEHI

UTAH

84048

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Owlet, Inc. [ OWLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Former President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/17/2025⁽¹⁾		S		1,945⁽²⁾	D	$8.03	262,451	D
Common Stock	08/19/2025⁽¹⁾		S		3,315⁽²⁾	D	$7.72	259,136	D
Common Stock	09/30/2025⁽¹⁾		A		60,024⁽³⁾	A	$0	319,160	D
Common Stock	10/16/2025⁽¹⁾		S		1,851⁽²⁾	D	$8.75	317,309	D
Common Stock	11/17/2025⁽¹⁾		S		3,423⁽²⁾	D	$10.49	313,886	D
Common Stock	02/17/2026⁽¹⁾		S		3,540⁽²⁾	D	$10.65	310,346	D
Common Stock	02/26/2026⁽¹⁾		A		41,666⁽⁴⁾	A	$0	352,012	D
Common Stock	02/26/2026⁽¹⁾		S		12,676⁽²⁾	D	$11.5	339,336	D

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction is being reported late due to an administrative oversight.

2. 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").

3. 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.

4. 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.

Remarks:

	/s/ Kirsten O'Donnell, Attorney-in-Fact	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Jonathan Harris report for Owlet (OWLT)?

Jonathan Harris reported a combination of stock sales and equity awards in Owlet common stock. He sold shares in several transactions from July 2025 to February 2026 and also received large stock grants tied to restricted stock units and performance-based RSUs.

How many Owlet (OWLT) shares did Jonathan Harris sell on February 26, 2026?

On February 26, 2026, Jonathan Harris sold 12,676 Owlet common shares at $11.50 each. According to the footnotes, these shares were automatically sold in a non-discretionary transaction to cover taxes and fees related to the vesting and settlement of restricted stock units.

What stock awards did Jonathan Harris receive from Owlet (OWLT) in this Form 4?

The filing shows Harris acquired 41,666 Owlet common shares on February 26, 2026 at no cost through stock awards. Footnotes explain these reflect RSUs and performance-based RSUs that vest upon service conditions and certified performance targets tied to cumulative net revenue through December 31, 2028.

What is Jonathan Harris’s remaining Owlet (OWLT) shareholding after these transactions?

After the reported transactions, Jonathan Harris directly holds 352,012 shares of Owlet common stock. This figure incorporates both the open-market sales and the stock awards disclosed in the Form 4, providing a snapshot of his direct equity position following the activity.

Were all of Jonathan Harris’s Owlet (OWLT) stock sales discretionary?

Not all reported sales were discretionary. A key footnote states that 12,676 shares sold on February 26, 2026 were automatically sold in a non-discretionary transaction to cover taxes and fees associated with vesting restricted stock units, rather than a voluntary open-market decision.

How many net Owlet (OWLT) shares did Jonathan Harris sell in total?

Across the transactions summarized in the filing, Jonathan Harris had net sales of 26,750 shares. This net figure reflects multiple open-market sales offset by two acquisition events where he received shares through grants or awards, resulting in an overall reduction in his holdings.