Datavault AI (DVLT) director receives 250,000-share stock grant with one-year vesting
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Tobias Robert reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Tobias Robert reported receiving a grant of 250,000 shares of common stock as compensation for his service on the board under the company’s 2018 Long-Term Stock Incentive Plan. These shares vest in equal quarterly installments over one year, starting on the first March 20, June 20, September 20 or December 20 after the grant date, and then on each of those dates until fully vested, provided he continues serving the company. Following this award, he holds 581,565 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tobias Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 581,565 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 250,000 shares
Post-grant holdings: 581,565 shares
Par value per share: $0.0001 per share
+1 more
4 metrics
Stock grant size
250,000 shares
Common stock award under 2018 Long-Term Stock Incentive Plan
Post-grant holdings
581,565 shares
Total common shares owned directly after transaction
Par value per share
$0.0001 per share
Par value of Datavault AI common stock referenced in footnote
Vesting schedule
Equal quarterly installments over one year
LTIP shares vest on March 20, June 20, September 20 and December 20 dates
Key Terms
2018 Long-Term Stock Incentive Plan, board of directors, vest in equal quarterly installments, common stock, par value $0.0001 per share
4 terms
2018 Long-Term Stock Incentive Plan financial
"pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant")."
board of directors financial
"compensation for the reporting person's service as a member of the issuer's board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
vest in equal quarterly installments financial
"scheduled to vest in equal quarterly installments over one year"
FAQ
What insider transaction did Datavault AI (DVLT) report for director Tobias Robert?
Datavault AI reported that director Tobias Robert received a grant of 250,000 shares of common stock as board compensation. The award was made under the company’s 2018 Long-Term Stock Incentive Plan and is structured to vest over time, not as an immediate cash transaction.