Mark L Baum - 21 Jul 2025 Form 4 Insider Report for HARROW, INC. (HROW)

Role: CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Mark L. Baum
Issuer symbol: HROW
Transactions as of: 21 Jul 2025
Net transactions value: -$6,896,573
Form type: 4
Filing time: 23 Jul 2025, 21:10:48 UTC
Previous filing: 01 Jul 2025
Next filing: 16 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BAUM MARK L	CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner	C/O HARROW, INC., 1A BURTON HILLS BLVD., SUITE 200, NASHVILLE	/s/ Mark L. Baum	23 Jul 2025	0001274282

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HROW	Common stock	Options Exercise	$4,722,000	+600,000	+23%	$7.87	3,199,462	21 Jul 2025	Direct
transaction	HROW	Common stock	Tax liability	$11,618,573	-313,338	-9.8%	$37.08	2,886,124	21 Jul 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HROW	Stock Option (Right to Buy)	Options Exercise	$0	-600,000	-100%	$0.000000	0	31 Jul 2015	Common Stock	600,000	$7.87	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents stock options granted to Mr. Baum on July 31, 2015, and amended on June 4, 2020, under the Issuer's 2007 Stock Incentive and Awards Plan, as amended. The stock option vested upon achievement and maintenance of certain Harrow common stock-price-based performance targets. The Company withheld a total of 313,338 shares from issuance to Mr. Baum for: (i) 127,346 shares withheld as consideration for the cashless exercise of the option; and (ii) an additional 185,992 shares of common stock were withheld from issuance to Mr. Baum for payroll tax purposes.

Content

Represents stock options granted to Mr. Baum on July 31, 2015, and amended on June 4, 2020, under the Issuer's 2007 Stock Incentive and Awards Plan, as amended. The stock option vested upon achievement and maintenance of certain Harrow common stock-price-based performance targets. The Company withheld a total of 313,338 shares from issuance to Mr. Baum for: (i) 127,346 shares withheld as consideration for the cashless exercise of the option; and (ii) an additional 185,992 shares of common stock were withheld from issuance to Mr. Baum for payroll tax purposes.