Owlet, Inc. AGM 2026
Review the key takeaways and the transcript of this earnings call.
- The 2026 Annual Meeting of Stockholders of Owlet was called to order by CEO Kurt Workman.
- A quorum was confirmed with holders of a majority of the voting power present in person, by remote communication, or by proxy.
- Five items of business were presented for stockholder vote: election of class two directors Marc S Stoll and Kurt Workman, advisory vote to approve executive compensation, advisory vote on the frequency of executive compensation votes, ratification of PricewaterhouseCoopers as independent registered public accounting firm for fiscal 2026, and approval of an amendment to the Owlet Inc 2021 Incentive Award Plan to increase shares reserved for issuance.
- Preliminary voting results showed all proposals were approved, including the election of the two director nominees and the ratification of PricewaterhouseCoopers.
- Final voting results will be certified by the Inspector of Elections and filed with the SEC within four business days.
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Transcript
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Good afternoon, everyone, and thank you for joining us today. I'm Kurt Workman, co-founder and CEO of Owlet. On behalf of the directors and officers of the company, it's my pleasure to welcome you to our 2026 annual meeting of stockholders, which I will now call to order. Please note that today's meeting is being recorded. I would first like to introduce the other board members and director nominees who are attending today's meeting: Zane Burke, Laura Durr, John Kim, Melissa Gonzales, Amy McCullough, Marc Stoll, and Lior Susan. I'm also pleased to introduce Amanda Crawford, our Chief Financial Officer, and Alexandria Crist, our Associate General Counsel and Assistant Corporate Secretary, who's serving as Secretary for today's meeting.
Today, as indicated on the meeting agenda available on the virtual web portal, we'll first report on meeting notice in the presence of a quorum, and then turn to the business to be conducted at today's meeting. An opportunity will be provided to present questions during the question and answer session of the meeting. Validated stockholders may ask questions in the designated field of the virtual meeting web portal during the meeting. However, any questions that we receive during the meeting, we will post answers on our investor relations website shortly after this meeting. Next, after the polls are closed and preliminary voting results are reported, the formal meeting will be adjourned. Alex, please report on the notice and quorum requirements for the meeting.
Thank you, Kurt. The polls are now open for stockholders who wish to vote during this meeting. Beginning on June 30, 2026, written notice of the meeting, proxy statements, proxy cards, and our 2025 annual report to stockholders were mailed or made available to all stockholders of record as of June 15, 2026, the record date for this meeting. An affidavit of distribution of the proxy materials from Broadridge Financial Solutions will be included in the records of the meeting. At this time, I'd like to introduce Tracy Oates, a representative of Broadridge Financial Solutions. The board has appointed a representative of Broadridge to act as Inspector of Election at today's meeting. Ms. Oates has signed the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting.
Ms. Oates has reported to me that we have present, in person, by remote communication, or by proxy, holders of a majority of the voting power of the shares of the company's stock. Therefore, a quorum is present, and this meeting is duly constituted for the transaction of business. Before we proceed with the business of the meeting, I would like to direct your attention to the rules of conduct available in the virtual meeting web portal. In fairness to all stockholders in attendance today and in the interest of an orderly meeting, we request that you honor and refer to the rules of conduct. With that, I turn the podium back to Kurt.
Thank you, Alex. The order of business for the meeting will be as follows. First, the five items of business to be voted on by stockholders will be presented. Second, time will be allowed for questions and the casting of votes. Third, preliminary voting results will be announced. I will now present the five items of business to be voted on at the meeting. Each of these items is listed as a proposal on the proxy card for the meeting and described in greater detail in the proxy statement. Stockholders must submit their questions through the designated field on the virtual meeting web portal. The polls will remain open throughout our discussion of the five items of business. After our discussions conclude, the polls will be closed, and we will announce the preliminary voting results. The first item of business is the election of Class II directors.
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