Vivasor, Inc. trims Datavault AI (DVLT) stake with 20M-share open-market sale
Rhea-AI Filing Summary
Datavault AI Inc. major shareholder Vivasor, Inc. reported a series of open-market stock sales. Over May 4–7, 2026, Vivasor sold a total of 20,000,000 shares of Datavault AI common stock in four transactions at weighted average prices around $0.50–$0.58 per share. After these sales, Vivasor directly held 55,942,666 shares of common stock. The filing notes that the reported prices are weighted averages over multiple trades within specified intraday price ranges.
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Insights
Large shareholder Vivasor sold 20M Datavault AI shares but retains a sizable position.
Vivasor, Inc., identified as a ten percent owner of Datavault AI Inc., executed four open-market sales of common stock between May 4 and May 7, 2026. In total, it sold 20,000,000 shares at weighted average prices around $0.50–$0.58 per share.
These are straightforward open-market sales (code S) of non-derivative common stock, with no options or other derivatives reported. Following the final transaction, Vivasor’s direct holdings stood at 55,942,666 shares, indicating it remains a significant shareholder after the sales.
The footnotes state that prices are weighted averages for trades within defined ranges, and that detailed trade-by-trade data is available on request. The filing does not reference any Rule 10b5-1 trading plan, so the timing appears discretionary based on the information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 per share | 2,535,083 | $0.5029 | $1.27M |
| Sale | Common Stock, par value $0.0001 per share | 2,267,338 | $0.5531 | $1.25M |
| Sale | Common Stock, par value $0.0001 per share | 5,071,311 | $0.5673 | $2.88M |
| Sale | Common Stock, par value $0.0001 per share | 10,126,268 | $0.5775 | $5.85M |
Footnotes (1)
- The price reported represents the weighted average sale price for shares sold at prices ranging from $0.5632 to $0.5675 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range for such transaction. The price reported represents the weighted average sale price for shares sold at prices ranging from $0.4965 to $0.5547 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range for such transaction.