Owlet CEO granted 850,000 company shares

Owlet, Inc. President & CEO Kurt Workman reported receiving a grant of 850,000 shares of Common Stock on April 28, 2026 at $0.00 per share, bringing his directly held stake to 1,232,080 shares.

Rhea-AI Filing Summary

Owlet, Inc. President & CEO Kurt Workman reported receiving a grant of 850,000 shares of Common Stock on April 28, 2026 at $0.00 per share, bringing his directly held stake to 1,232,080 shares.

The Form 4 also lists prior 2025 activity, including open-market sales totaling 52,233 shares at prices between $4.26 and $8.46, after which he still held over 380,000 shares. Some shares were automatically sold in non-discretionary transactions to cover taxes and fees tied to vesting of RSUs, and his balance includes shares acquired through Owlet's Employee Stock Purchase Plan and performance-based RSU awards.

Insider Trade Summary

Net Seller: 52,233 shares

Net Sell 6 txns

Insider Workman Kurt

Role President & CEO

Sold 52,233 shs ($435K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	850,000	$0.00	$0.00
Sale	Common Stock	49,056	$8.46	$415K
Grant/Award	Common Stock	14,098	$0.00	$0.00
Sale	Common Stock	1,014	$7.25	$7K
Sale	Common Stock	1,119	$6.88	$8K
Sale	Common Stock	1,044	$4.26	$4K

Holdings After Transaction: Common Stock — 1,232,080 shares (Direct)

Footnotes (5)

1. F1. This transaction is being reported late due to an administrative oversight.
2. 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").
3. F3. Balance includes shares purchased by the Reporting Person through the Issuer's Employee Stock Purchase Plan.
4. F4. Reflects shares of the Issuer delivered to the reporting person upon satisfaction of performance criteria underlying an award of performance-based RSUs ("PSUs") granted to the reporting person on March 15, 2022.
5. F5. Represents restricted stock units which will vest as follows: 1/12th of the total original number of restricted stock units shall vest on July 6, 2026 and 1/12th of the total original number of restricted stock units shall vest on the same day of every 3rd month thereafter, subject to the Reporting Person's continuous service to the Issuer through each applicable vesting date.

Key Figures

CEO stock grant: 850,000 shares Post-grant holdings: 1,232,080 shares 2025 shares sold: 52,233 shares +3 more

6 metrics

CEO stock grant 850,000 shares Common Stock granted on April 28, 2026 at $0.00 per share

Post-grant holdings 1,232,080 shares Common Stock directly held after April 28, 2026 grant

2025 shares sold 52,233 shares Aggregate Common Stock sales during 2025 per transactionSummary

Largest 2025 sale price $8.46 per share 49,056-share open-market sale on October 3, 2025

Smallest 2025 sale price $4.26 per share 1,044-share open-market sale on March 18, 2025

2025 grant 14,098 shares Common Stock grant on September 30, 2025 at $0.00 per share

Key Terms

restricted stock units, performance-based RSUs, Employee Stock Purchase Plan, non-discretionary transaction, +1 more

5 terms

restricted stock units 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"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based RSUs financial

"Reflects shares of the Issuer delivered to the reporting person upon satisfaction of performance criteria underlying an award of performance-based RSUs"

Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.

Employee Stock Purchase Plan financial

"Balance includes shares purchased by the Reporting Person through the Issuer's Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

non-discretionary transaction financial

"Represents shares automatically sold in a non-discretionary transaction to cover taxes and fees"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Owlet (OWLT) report for CEO Kurt Workman?

Owlet reported that CEO Kurt Workman received a grant of 850,000 shares of Common Stock on April 28, 2026 at $0.00 per share. This grant increased his directly held position to 1,232,080 shares, according to the Form 4 insider filing.

How many Owlet (OWLT) shares does the CEO hold after the latest Form 4?

After the April 28, 2026 grant, CEO Kurt Workman directly holds 1,232,080 shares of Owlet Common Stock. This reflects the addition of 850,000 granted shares and incorporates prior reported 2025 sales and awards disclosed in the same Form 4 filing.

Were there recent Owlet (OWLT) insider share sales by the CEO?

Yes. In 2025, the Form 4 shows Kurt Workman sold a total of 52,233 Owlet shares at prices between $4.26 and $8.46. Some shares were automatically sold in non-discretionary transactions to cover taxes and fees related to RSU vesting.

What do the Owlet (OWLT) Form 4 footnotes say about the CEO’s RSUs?

Footnotes explain that some shares were sold automatically to cover taxes and fees upon RSU vesting and settlement. They also note performance-based RSUs granted on March 15, 2022 and a vesting schedule for restricted stock units that vest quarterly starting July 6, 2026.

How were some of Kurt Workman’s Owlet (OWLT) shares sold according to the Form 4?

The filing states that certain shares were automatically sold in a non-discretionary transaction to cover taxes and fees when restricted stock units vested. These tax-related sales are separate from discretionary open-market sales also reported in the 2025 transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 04:33 PM Learn about SEC filing dates

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^*

Workman Kurt

(Last) (First) (Middle)

C/O OWLET, INC.

2940 W. 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
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/18/2025(1)		S		1,044(2)	D	$4.26	419,171(3)	D
Common Stock	06/16/2025(1)		S		1,119(2)	D	$6.88	418,052	D
Common Stock	09/17/2025(1)		S		1,014(2)	D	$7.25	417,038	D
Common Stock	09/30/2025(1)		A		14,098(4)	A	$0	431,136	D
Common Stock	10/03/2025(1)		S		49,056(2)	D	$8.46	382,080	D
Common Stock	04/28/2026		A		850,000(5)	A	$0	1,232,080	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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. Balance includes shares purchased by the Reporting Person through the Issuer's Employee Stock Purchase Plan.

4. Reflects shares of the Issuer delivered to the reporting person upon satisfaction of performance criteria underlying an award of performance-based RSUs ("PSUs") granted to the reporting person on March 15, 2022.

5. Represents restricted stock units which will vest as follows: 1/12th of the total original number of restricted stock units shall vest on July 6, 2026 and 1/12th of the total original number of restricted stock units shall vest on the same day of every 3rd month thereafter, subject to the Reporting Person's continuous service to the Issuer through each applicable 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)