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Datavault AI (DVLT) director awarded 250,000-share LTIP grant with multi-year vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gilbert Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.

Datavault AI Inc. director Gilbert Jeffrey M received a grant of 250,000 shares of common stock as compensation for board service under the company’s 2018 Long-Term Stock Incentive Plan. The shares were granted at $0.00 per share and increase his direct holdings to 581,566 shares.

The 250,000 granted shares are scheduled to vest in equal installments on March 20, June 20, September 20 and December 20 of each year, beginning on September 20, 2026 and ending on September 20, 2029, as long as he continues serving the company.

Positive

  • None.

Negative

  • None.
Insider Gilbert Jeffrey M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 250,000 $0.00 --
Holdings After Transaction: Common Stock — 581,566 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Share grant size 250,000 shares Common stock award under 2018 Long-Term Stock Incentive Plan
Grant price per share $0.00 per share Equity compensation grant, not open-market purchase
Total holdings after grant 581,566 shares Director’s direct common stock ownership following transaction
Vesting start date September 20, 2026 First vesting date for LTIP shares, subject to continued service
Vesting end date September 20, 2029 Final vesting date for LTIP grant installments
2018 Long-Term Stock Incentive Plan financial
"pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant")."
LTIP Shares financial
"250,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share"
vest financial
"The LTIP Shares associated with the Grant are scheduled to vest in equal installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
board of directors financial
"received as 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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gilbert Jeffrey M

(Last)(First)(Middle)
C/O DATAVAULT AI INC., ONE COMMERCE SQ.,
2005 MARKET STREET, SUITE 2400

(Street)
PHILADELPHIA PENNSYLVANIA 19103

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Datavault AI Inc. [ DVLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/20/2026A250,000(1)A$0.00581,566D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 250,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors 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.
/s/ Dr. Jeffery M. Gilbert04/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Datavault AI (DVLT) report for Gilbert Jeffrey M?

Datavault AI reported that director Gilbert Jeffrey M received a grant of 250,000 common shares as compensation. The award was issued at $0.00 per share under the 2018 Long-Term Stock Incentive Plan, increasing his direct holdings to 581,566 shares after the transaction.

How many Datavault AI (DVLT) shares did the director receive and at what price?

The director received 250,000 Datavault AI common shares at $0.00 per share as a compensation grant. This type of transaction reflects an equity award rather than an open-market purchase and forms part of his overall long-term incentive package for board service.

How do the new shares affect the director’s total Datavault AI (DVLT) holdings?

After the grant of 250,000 shares, the director’s direct ownership in Datavault AI increased to 581,566 common shares. This figure reflects his position following the award, providing a clearer picture of his current equity stake in the company after this compensation event.

How do the 250,000 Datavault AI (DVLT) LTIP shares vest over time?

The 250,000 LTIP shares vest in equal installments on March 20, June 20, September 20 and December 20 each year. Vesting begins on September 20, 2026 and runs through September 20, 2029, contingent on the director continuing to serve Datavault AI’s board.

What compensation plan governs this Datavault AI (DVLT) share grant?

The grant is issued under Datavault AI’s 2018 Long-Term Stock Incentive Plan. This plan provides equity-based compensation, with the 250,000 common shares granted to the director as part of his board service package, subject to multi-year vesting and continued service conditions.

Is the Datavault AI (DVLT) director grant an open-market purchase or a compensation award?

The transaction is a compensation award, not an open-market purchase. The filing labels it as a grant or award acquisition at $0.00 per share, given for service on Datavault AI’s board, with vesting spread over multiple years under the 2018 Long-Term Stock Incentive Plan.