Wendy Wilson granted 250,000 Datavault AI (DVLT) shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Wilson Wendy reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Wendy Wilson reported receiving a grant of 250,000 shares of common stock as compensation for board service under the company’s 2018 Long-Term Stock Incentive Plan. These shares vest in equal quarterly installments over one year, subject to continued service, bringing her direct holdings to 581,569 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilson Wendy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 581,569 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity grant size: 250,000 shares
Grant price per share: $0.00 per share
Shares after transaction: 581,569 shares
+1 more
4 metrics
Equity grant size
250,000 shares
Common stock awarded as board compensation
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Shares after transaction
581,569 shares
Wendy Wilson’s direct holdings following the grant
Vesting period
One year
LTIP shares vest in equal quarterly installments
Key Terms
Long-Term Stock Incentive Plan, vesting, Grant Date, LTIP Shares
4 terms
Long-Term Stock Incentive Plan financial
"pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant")"
vesting financial
"scheduled to vest in equal quarterly installments over one year"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant Date financial
"after the Grant Date and thereafter on each March 20th, June 20th"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did Datavault AI (DVLT) disclose for Wendy Wilson?
Datavault AI reported that director Wendy Wilson received 250,000 shares of common stock as a compensation grant. The award was made under the company’s 2018 Long-Term Stock Incentive Plan and is tied to her ongoing service on the board of directors.
Is the Datavault AI (DVLT) Form 4/A transaction a purchase or a grant?
The Form 4/A transaction is a grant, not an open-market purchase. Wendy Wilson received 250,000 shares at a price of $0.00 per share as equity compensation for board service under Datavault AI’s 2018 Long-Term Stock Incentive Plan.
What plan governs Wendy Wilson’s Datavault AI (DVLT) stock grant?
The stock grant is issued under Datavault AI’s 2018 Long-Term Stock Incentive Plan. This plan provides equity-based compensation, and in this case delivers 250,000 common shares that vest quarterly over one year, conditioned on Wendy Wilson’s continued service on the board.