Owlet (OWLT) ex-CEO Harris reports share sales and RSU awards in Form 4
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 339,336 shares of Owlet common stock, with a net sale of 26,750 shares across the reported period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,666 | $0.00 | $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 | $0.00 |
| Sale | Common Stock | 3,315 | $7.72 | $26K |
| Sale | Common Stock | 1,945 | $8.03 | $16K |
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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
performance-based RSU financial
non-discretionary transaction financial
cumulative net revenue financial
continued service financial
FAQ
What insider transactions did Jonathan Harris report for Owlet (OWLT)?
What stock awards did Jonathan Harris receive from Owlet (OWLT) in this Form 4?
Were all of Jonathan Harris’s Owlet (OWLT) stock sales discretionary?
AI-generated analysis. How Rhea-AI works. Not financial advice.