secwatch.observer — SEC 8-K summary
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Issuer:     Owlet, Inc. (OWLT)
CIK:        0001816708
Form:       8-K
Filed at:   2024-07-09T23:59:59+00:00
Accession:  0001628280-24-031526
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owlet appoints Amanda Twede Crawford as CFO; Kate Scolnick departs; reaffirms 2024 goals
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- Amanda Twede Crawford promoted from VP FP&A to CFO effective July 9, 2024; Kate Scolnick to stay in advisory role through September 2024.
- Scolnick's separation agreement includes six months base salary and bonus ($9,014/week), accelerated equity vesting, and COBRA reimbursement.
- Crawford's compensation: $300,000 base salary, 35% bonus target, and equity award between $200k-$300k RSUs pending board approval.
- CEO reaffirms 2024 financial goals including progress toward adjusted EBITDA breakeven; Q2 2024 earnings call August 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816708/000162828024031526/0001628280-24-031526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816708/000162828024031526/owlt-20240708.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-031526

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer