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Stock impact report

Owlet Announces New Employee Inducement Grant Under NYSE Rule 303A.08

Owlet, Inc. Class A (OWLT) 
Company Research Source: Business Wire
LEHI, Utah--(BUSINESS WIRE)--Owlet, Inc. (NYSE: OWLT) (the “Company” or “Owlet”), the pioneer of smart infant monitoring, today announced that on September 30, 2025, the Compensation Committee of its Board of Directors approved an equity inducement award to Jordan Thompson, the Company’s Vice President and Corporate Controller. The award was made in connection with Mr. Thompson joining the Company as a material inducement to employment.The equity inducement award consists of 129,863 restricted stock units (“Inducement RSUs”), which will vest as to 33.33% of the underlying shares on May 15, 2026, and as to the remainder in equal installments on a quarterly basis through May 15, 2028, subject to Mr. Thompson’s continued employment with Owlet through each vesting date.The Compensation Committee of Owlet’s Board of Directors approved the award of the Inducement RSUs in reliance on the employment inducement exemption to shareholder approval under Rule 303A.08 of the New York Stock Exch Show less Read more
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