Owlet stockholders approve 600,000-share increase to 2021 equity incentive plan
At its August 12, 2026 annual meeting, Owlet stockholders approved Amendment No. 3 to the 2021 Incentive Award Plan, adding 600,000 shares available for issuance, plus annual increases through January 1, 2031. They also elected two Class II directors, approved executive pay on an advisory basis, and chose annual say-on-pay votes, so the outcome adds shares to the equity pool that could dilute existing holders.
Key points
- Plan amendment approved by a combined vote of 15,195,347 for and 5,379,951 against, with 23,704 abstentions
- Marc F. Stoll and Kurt Workman elected as Class II directors, serving until the 2029 annual meeting
- Non-binding say-on-pay vote approved; stockholders favored annual say-on-pay votes (20,104,741 votes for one year)
- PricewaterhouseCoopers LLP ratified as independent registered public accounting firm for fiscal 2026
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.