Datavault AI director granted 250,000 DVLT shares
Gilbert Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
2018 Long-Term Stock Incentive Plan financial
vest financial
board of directors financial
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