Datavault AI (DVLT) awards CFO 1,955,882-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOYER BRETT reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. granted Chief Financial Officer and director Brett Moyer 1,955,882 shares of common stock as equity compensation under its 2018 Long-Term Stock Incentive Plan. The shares carry a stated price of $0.0000 per share and are tied to continued service.
The grant is scheduled to vest in equal installments from September 20, 2026 through September 20, 2029 on each March 20, June 20, September 20 and December 20, as long as Moyer remains in service. After this award, he directly holds 5,534,512 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOYER BRETT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,955,882 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,534,512 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 1,955,882 shares
Grant price: $0.0000 per share
Post-grant holdings: 5,534,512 shares
+2 more
5 metrics
Equity grant
1,955,882 shares
Common stock award under 2018 Long-Term Stock Incentive Plan
Grant price
$0.0000 per share
Stated transaction price for awarded common stock
Post-grant holdings
5,534,512 shares
Total common shares directly held after the transaction
Vesting start date
September 20, 2026
First vesting date for LTIP shares
Vesting end date
September 20, 2029
Final vesting date for LTIP shares
Key Terms
Long-Term Stock Incentive Plan, vest, board of directors
3 terms
Long-Term Stock Incentive Plan financial
"pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant")."
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 and as an officer"
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.
FAQ
What did Datavault AI (DVLT) report in Brett Moyer’s latest Form 4?
Datavault AI reported that CFO and director Brett Moyer received a grant of 1,955,882 common shares as compensation under the 2018 Long-Term Stock Incentive Plan, with vesting tied to his continued service through 2029.
Was Brett Moyer’s Datavault AI (DVLT) Form 4 transaction an open-market purchase or sale?
The Form 4 shows a grant or award acquisition, not an open-market trade. Moyer received 1,955,882 shares as compensation at a stated price of $0.0000 per share under the company’s 2018 Long-Term Stock Incentive Plan.