secwatch.observer — SEC 8-K summary
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Issuer:     Owlet, Inc. (OWLT)
CIK:        0001816708
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001816708-25-000040
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owlet appoints Jonathan Harris as CEO; Workman becomes Executive Chair
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- Kurt Workman resigns as CEO, transitions to Executive Chair effective Oct 1, 2025.
- Jonathan Harris appointed President and CEO; base salary $500k, bonus target 70% of salary.
- Workman receives accelerated vesting of 95,741 RSUs and $200k cash retainer as Executive Chair.
- Amended director comp program sets Executive Chair retainer at $200k cash + $200k equity annually.
- Harris enters amended offer letter with severance of 12 months base salary, prorated bonus, equity vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816708/000181670825000040/0001816708-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816708/000181670825000040/owlt-20250930.htm
  HTML page:      https://secwatch.observer/filing/0001816708-25-000040

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