Owlet (OWLT) CFO Amanda Crawford Withholds Shares for Taxes

What Happened
Amanda Crawford, Chief Financial Officer of Owlet, had 141 shares of Owlet common stock withheld on April 15, 2026 to satisfy tax obligations related to vested RSUs. The withholding price was $5.66 per share, totaling approximately $798. This was a tax-withholding disposition (not an open-market sale or a purchase) and is generally considered a routine administrative action.

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely filing)
• Shares withheld/disposed: 141 at $5.66 per share; total value ≈ $798
• Transaction code: F (shares withheld to satisfy tax obligations)
• Footnote: F1 — represents shares withheld to satisfy tax on RSU vesting
• Shares owned after transaction: not specified in the provided filing

Context
Tax-withholding (cashless) dispositions occur when companies retain shares that would otherwise be issued to an insider to cover payroll/tax obligations on vested awards. These transactions are routine and do not necessarily indicate the insider’s view of the company’s stock.