Crawford Amanda 4

What Happened Amanda Crawford, Chief Financial Officer of Owlet, Inc. (OWLT), was issued 32,032 shares of Class A common stock on 2026-04-03 as an in-kind payment of her earned 2025 annual incentive bonus (total value ~$157,533). On the same date, 9,242 shares were withheld (disposed) to satisfy tax obligations related to the vesting of restricted stock units, a withholding value of about $47,134. The primary transaction is an award/acquisition (A); the share withholding is reported as tax withholding (F).

Key Details

• Transaction dates: 2026-04-03 (reported on Form 4 filed 2026-04-07). Filing timeliness is not specified in the filing text provided.
• Award: 32,032 shares @ $4.92 per share, total ~$157,533 (issued in lieu of cash bonus).
• Tax withholding: 9,242 shares @ $5.10 per share, total ~$47,134 (shares withheld to satisfy tax obligations).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Regulatory note: The award was pre-approved by the Compensation Committee and treated as an exempt acquisition under Rule 16b-3(d).
• Method of share calculation: Number of shares determined by dividing the $157,531 cash value by the 5-day VWAP ending the trading day before issuance.
• Other: Footnotes indicate inclusion of shares from the company ESPP and that withheld shares relate to RSU vesting.

Context This was a compensation-related stock issuance (an award), not an open-market purchase or sale. Receiving shares in lieu of a cash bonus is a common executive compensation practice and is typically routine; the withholding of shares for taxes is standard. The filing notes the award was authorized by the board committee and used VWAP to set the share count—information useful to understand how the dollar amount translated into shares.