Datavault AI (DVLT) insiders receive 3.8M LTIP stock awards
Rhea-AI Filing Summary
Datavault AI Inc. director and CEO Nathaniel Bradley filed an amended insider report to correct the coding of prior transactions as acquisitions rather than dispositions. On April 20, 2026, he received 2,588,235 LTIP Shares of common stock as compensation for his board and officer service under the company’s 2018 Long-Term Stock Incentive Plan. These shares are scheduled to vest in equal installments on March 20, June 20, September 20 and December 20 from September 20, 2026 through September 20, 2029, contingent on continued service. His spouse, employee Sonia Choi, received 1,213,236 LTIP Shares on the same plan and vesting schedule. Following these awards, Bradley reports 10,906,188 shares held directly, plus indirect holdings of 5,654,483 shares through his spouse and 12,109,002 shares through EOS Technology Holdings Inc., while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,588,235 | $0.00 | -- |
| Grant/Award | Common Stock | 1,213,236 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 2,588,235 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received by Nathaniel Bradley ("Mr. Bradley") as compensation for Mr. Bradley's service as a member of the issuer's board of directors and as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal installments, beginning on September 20, 2026 and ending on September 20, 2029, on each March 20th, June 20th, September 20th and December 20th, so long as the reporting person remains in the service of the issuer on each such date. 1,213,236 LTIP Shares of the issuer were received by Mr. Bradley's spouse, Sonia Choi ("Ms. Choi"), as compensation for Ms. Choi's service as an employee of the issuer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. The LTIP Shares associated with the Grant are scheduled to vest in equal installments, from the period from September 20, 2026 and ending on September 20, 2029, on each March 20th, June 20th, September 20th and December 20th, so long as Ms. Choi remains in the service of the issuer on each such date. Mr. Bradley disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of such securities for purposes of Section 16 of the Exchange Act or for any other purposes. This amendment is being filed to correct the indication of the character of the transaction reported in Table I, Column 4 of the Form 4 filed by Mr. Bradley on April 22, 2026, which erroneously indicated the character of the transaction reported with transaction code "D". The transaction reported was an acquisition and the correct indication of the character of such transaction is transaction code "A".