Owlet (NYSE: OWLT) CFO takes bonus in stock, shares withheld for tax

Rhea-AI Filing Summary

Owlet, Inc. Chief Financial Officer Amanda Crawford received a grant of 32,032 shares of common stock on April 3, 2026. According to the disclosure, these shares were issued in lieu of her earned 2025 annual incentive bonus, with a cash value of $157,531, based on the volume weighted average price of the stock over five prior trading days.

On the same date, 9,242 shares of common stock were withheld to satisfy tax obligations tied to restricted stock units that vested in connection with this award. After these compensation-related transactions and tax withholding, Crawford directly holds 159,820 shares of Owlet common stock.

Insights

Equity compensation analyst

CFO receives stock bonus; shares withheld only for taxes.

The filing shows Amanda Crawford, Owlet’s CFO, receiving 32,032 shares of common stock as her 2025 annual incentive bonus, valued at $157,531. This is a compensation grant, not an open‑market purchase, and is exempt under Rule 16b-3(d).

A separate F‑code transaction with 9,242 shares reflects tax withholding on vested RSUs, not a discretionary sale. After these entries, she directly holds 159,820 shares. The pattern is a routine stock-based bonus with associated tax settlement, carrying limited signaling value about her view of Owlet’s stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Crawford Amanda

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	32,032	$4.918	$158K
Tax Withholding	Common Stock	9,242	$5.10	$47K

Holdings After Transaction: Common Stock — 169,062 shares (Direct)

Footnotes (1)

1. Reflects shares of Class A common stock ('Shares') issued to the Reporting Person in lieu of her earned 2025 annual incentive bonus, in an amount equal to $157,531, pursuant to a one-time election approved by the Compensation Committee of the Issuer's Board of Directors on March 25, 2026. The acquisition of these Shares was specifically approved in advance by the Compensation Committee in accordance with Rule 16b-3(d) and is therefore an exempt acquisition from the Issuer. In accordance with the terms of the election, the number of Shares was determined by dividing the cash value of $157,531 by the volume weighted average price (VWAP) of the Shares for the five consecutive trading days ending on the trading day immediately preceding the date of issuance. Includes shares acquired in the Company's employee stock purchase plan ("ESPP"). Represents shares of common stock withheld to satisfy certain tax obligations in connection with the vesting of restricted stock units ("RSUs") in connection with the acquisition reported in this Report.

Key Figures

Stock bonus value: $157,531 Shares granted as bonus: 32,032 shares Tax withholding shares: 9,242 shares +3 more

6 metrics

Stock bonus value $157,531 Cash value of 2025 annual incentive bonus paid in shares

Shares granted as bonus 32,032 shares Common stock issued in lieu of 2025 cash bonus

Tax withholding shares 9,242 shares Shares withheld to satisfy tax obligations on RSU vesting

Post-transaction holdings 159,820 shares CFO’s direct common stock holdings after reported transactions

Grant reference price $4.918 per share Implied price per share used for the 32,032-share grant

Tax withholding price $5.100 per share Price per share on 9,242 shares withheld for tax

Key Terms

restricted stock units ("RSUs"), Rule 16b-3(d), employee stock purchase plan ("ESPP"), volume weighted average price (VWAP)

4 terms

restricted stock units ("RSUs") financial

"Represents shares of common stock withheld to satisfy certain tax obligations in connection with the vesting of restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Rule 16b-3(d) regulatory

"The acquisition of these Shares was specifically approved in advance by the Compensation Committee in accordance with Rule 16b-3(d)"

employee stock purchase plan ("ESPP") financial

"Includes shares acquired in the Company's employee stock purchase plan ("ESPP")."

volume weighted average price (VWAP) financial

"determined by dividing the cash value of $157,531 by the volume weighted average price (VWAP) of the Shares"

Volume weighted average price (VWAP) is the average price a security traded at over a specific period, where each trade is weighted by the number of shares traded so larger trades count more. Think of it like an average price at a market where bulk purchases move the average more than small ones. Investors use VWAP as a performance benchmark and a reference point to judge whether a buy or sell happened at a good price and to guide trading decisions.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Crawford Amanda

(Last) (First) (Middle)

C/O OWLET, INC.

2940 W. MAPLE LOOP DRIVE, SUITE 203

(Street)

LEHI UTAH 84048

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Owlet, Inc. [ OWLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/03/2026		A		32,032(1)	A	$4.918(2)	169,062(3)	D
Common Stock	04/03/2026		F		9,242(4)	D	$5.1	159,820	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of Class A common stock ('Shares') issued to the Reporting Person in lieu of her earned 2025 annual incentive bonus, in an amount equal to $157,531, pursuant to a one-time election approved by the Compensation Committee of the Issuer's Board of Directors on March 25, 2026. The acquisition of these Shares was specifically approved in advance by the Compensation Committee in accordance with Rule 16b-3(d) and is therefore an exempt acquisition from the Issuer.

2. In accordance with the terms of the election, the number of Shares was determined by dividing the cash value of $157,531 by the volume weighted average price (VWAP) of the Shares for the five consecutive trading days ending on the trading day immediately preceding the date of issuance.

3. Includes shares acquired in the Company's employee stock purchase plan ("ESPP").

4. Represents shares of common stock withheld to satisfy certain tax obligations in connection with the vesting of restricted stock units ("RSUs") in connection with the acquisition reported in this Report.

Remarks:

	/s/ Kirsten O'Donnell, Attorney-in-Fact	04/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Owlet (OWLT) report for CFO Amanda Crawford?

Owlet reported that CFO Amanda Crawford received 32,032 shares of common stock as her 2025 annual incentive bonus, valued at $157,531. This stock grant was approved by the compensation committee and structured as equity instead of a cash bonus payment.

How was Amanda Crawford’s Owlet (OWLT) annual bonus calculated and delivered?

Her earned 2025 annual incentive bonus of $157,531 was paid in Owlet Class A common stock. The number of shares, 32,032, was determined by dividing the bonus amount by the five‑day volume weighted average price of the shares before issuance.

Why were 9,242 Owlet (OWLT) shares reported as a disposition for Amanda Crawford?

The 9,242 shares were withheld by Owlet to cover certain tax obligations tied to the vesting of restricted stock units. This F‑code transaction is a tax-withholding mechanism, not an open‑market sale, and is common in equity compensation programs.

How many Owlet (OWLT) shares does CFO Amanda Crawford hold after these transactions?

Following the reported grant and tax-withholding entries, Amanda Crawford directly holds 159,820 shares of Owlet common stock. This figure includes shares acquired through prior awards and the company’s employee stock purchase plan, as referenced in the disclosure footnotes.

Was the Owlet (OWLT) CFO’s stock grant exempt under Rule 16b-3(d)?

Yes. The disclosure states the acquisition was specifically approved in advance by Owlet’s compensation committee in accordance with Rule 16b-3(d). That treatment makes the stock bonus an exempt acquisition from the issuer for insider reporting and short-swing profit purposes.

Did the Owlet (OWLT) CFO buy or sell shares on the open market in this filing?

No open‑market trades are shown. The Form 4 reports a stock grant of 32,032 shares as a bonus and a 9,242‑share tax withholding related to RSU vesting. Both entries are compensation and tax events, not discretionary market purchases or sales.