Mark L Baum - 12 Dec 2025 Form 4 Insider Report for HARROW, INC. (HROW)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Mark L Baum
Issuer symbol: HROW
Transactions as of: 12 Dec 2025
Net transactions value: -$3,053,518
Form type: 4
Filing time: 16 Dec 2025, 20:48:32 UTC
Previous filing: 23 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BAUM MARK L	CHIEF EXECUTIVE OFFICER, Director	C/O HARROW, INC., 1A BURTON HILLS BLVD., SUITE 200, NASHVILLE	/s/ Mark L Baum	16 Dec 2025	0001274282

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HROW	Common Stock	Options Exercise	$711,000	+180,000	+6.2%	$3.95	3,066,124	12 Dec 2025	Direct
transaction	HROW	Common Stock	Tax liability	$3,764,518	-79,994	-2.6%	$47.06	2,986,130	12 Dec 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	-180,000	-100%	$0.000000	0	12 Dec 2025	Common Stock	180,000	$3.95	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 April 1, 2016 under the Issuer's 2007 Stock Incentive and Awards Plan, as amended. The stock options vested quarterly over a three-year period following the grant date. 79,994 shares were withheld to satisfy the exercise price and tax liability incident to the exercise of the stock option. Such withholding did not involve any market sales or other market transactions.

Content

Represents stock options granted to Mr. Baum on April 1, 2016 under the Issuer's 2007 Stock Incentive and Awards Plan, as amended. The stock options vested quarterly over a three-year period following the grant date. 79,994 shares were withheld to satisfy the exercise price and tax liability incident to the exercise of the stock option. Such withholding did not involve any market sales or other market transactions.