Crawford Amanda 4

What Happened

• Amanda Crawford, Chief Financial Officer of Owlet, reported multiple open-market sales and two RSU awards. Between Oct 17, 2024 and Feb 27, 2026 she disposed of 11,705 shares in several tranches for total proceeds of about $112,795. She also received two grants/awards totaling 68,852 restricted stock units (RSUs) on Sep 30, 2025 (48,019 RSUs) and Feb 25, 2026 (20,833 RSUs), each shown as acquired at $0.00 (typical for RSU grants).
• Sales ranged from small tranches (140–157 shares) to larger automatic/settlement-related transactions; the largest single sale was 6,892 shares on Feb 27, 2026 for $79,258. The RSU awards increase potential future holdings but vesting and service/performance conditions apply.

Key Details

• Transaction dates & prices (highlights):
  • 2024-10-17: Sold 140 sh @ $4.92 = $689 (reported late; see F1)
  • 2025-04-16: Sold 142 sh @ $3.20 = $454
  • 2025-07-17: Sold 157 sh @ $8.03 = $1,261
  • 2025-09-10: Sold 4,225 sh @ $7.06 = $29,829
  • 2025-09-30: Awarded 48,019 RSUs @ $0.00 (F3: these RSUs vest 100% on Dec 8, 2026, subject to continued service)
  • 2025-10-16: Sold 149 sh @ $8.75 = $1,304
  • 2026-02-25: Awarded 20,833 RSUs @ $0.00 (F4: represents a certified performance-based tranche that vested upon certification)
  • 2026-02-27: Sold 6,892 sh @ $11.50 = $79,258
• Total disposed: 11,705 shares for ≈ $112,795. Total awarded (RSUs): 68,852 shares (no cash cost reported).
• Shares owned after these transactions: Not specified in the provided details.
• Notable footnotes from the filing:
  • F1: One sale (the Oct 17, 2024 entry) was reported late due to an administrative oversight.
  • F2: Some reported disposals represent non‑discretionary automatic sales to cover taxes/fees upon RSU vesting (tax‑withholding).
  • F3: The 48,019 RSUs vest 100% on Dec 8, 2026, subject to continued service.
  • F4: The 20,833 shares reflect a performance-based RSU tranche certified by the compensation committee (one of six tranches; vests upon certification and continued service).
• Timeliness: Filing includes a late-reported transaction (transactionTimeliness = 'L') — this affects promptness of disclosure but does not change the substance of the trades.

Context

• These entries are a mix of compensation awards (RSUs) and subsequent/open-market disposals. RSU awards are compensation and do not require cash outlay; many insiders have shares automatically sold to cover taxes when RSUs vest (F2). Sales by officers are common and do not necessarily indicate a change in company outlook—awards and vesting schedules here show ongoing compensation tied to service and performance.