Owlet (OWLT) director granted 18,996 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gonzales Melissa reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director Melissa Gonzales received an equity award of 18,996 restricted stock units (RSUs) of common stock. The RSUs entitle her to one share of Owlet common stock for each unit as they vest, with no cash paid per share.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholders’ meeting, as long as she continues serving the company through that date. After this grant, she holds 87,905 shares of Owlet common stock directly. The Form 4 notes that this transaction was reported late because of an administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gonzales Melissa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,996 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 87,905 shares (Direct, null)
Footnotes (1)
- This transaction is being reported late due to an administrative oversight. Constitutes restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of the Company's common stock for each RSU upon vesting. The RSUs will fully vest on the earlier of (a) the first anniversary of the date of grant or (b) immediately prior to the next annual meeting of the Company's stockholders after the date of grant, subject to the Reporting Person's continued service to the Issuer through such vesting date.
Key Figures
RSU grant size: 18,996 RSUs
Post-grant holdings: 87,905 shares
RSU share ratio: 1 share per RSU
3 metrics
RSU grant size
18,996 RSUs
Equity award of restricted stock units to director on October 16, 2025
Post-grant holdings
87,905 shares
Total Owlet common stock held directly after the RSU grant
RSU share ratio
1 share per RSU
Each restricted stock unit converts into one share of common stock upon vesting
Key Terms
restricted stock units ("RSUs"), administrative oversight, annual meeting of the Company's stockholders
3 terms
restricted stock units ("RSUs") financial
"Constitutes restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share"
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.
administrative oversight regulatory
"This transaction is being reported late due to an administrative oversight."
annual meeting of the Company's stockholders regulatory
"immediately prior to the next annual meeting of the Company's stockholders after the date of grant"
FAQ
What insider transaction did Owlet (OWLT) director Melissa Gonzales report?
Melissa Gonzales reported receiving 18,996 restricted stock units (RSUs) of Owlet common stock as an equity award. Each RSU converts into one share upon vesting, increasing her direct holdings to 87,905 shares after the grant, according to the Form 4 filing.
What are the vesting terms of the 18,996 Owlet (OWLT) RSUs granted to Melissa Gonzales?
The 18,996 RSUs fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholders’ meeting. Vesting is conditioned on Gonzales’ continued service to the company through the applicable vesting date, as stated in the footnote.
Why was the Owlet (OWLT) Form 4 for Melissa Gonzales’ RSU grant filed late?
A footnote explains that the transaction was reported late because of an administrative oversight. This means the underlying RSU grant occurred earlier, but the corresponding Form 4 disclosure was delayed due to a filing administration error rather than a change in transaction terms.