[Form 4] Datavault AI Inc. Insider Trading Activity

Rhea-AI Filing Summary

Datavault AI Inc. (DVLT) reported an insider transaction by its Chief Accounting Officer and VP of Finance, Stanley Mbugua. On 11/21/2025, 8,219 shares of common stock were sold in open-market transactions at a weighted average price of $2.4396 per share, with individual trades ranging from $2.355 to $2.495. The sale was made by the company on behalf of the officer solely to cover tax obligations arising from the vesting of equity awards and was not a discretionary trade by the officer. Following these transactions, the officer beneficially owns 316,199 shares of Datavault AI common stock.

SEC Form 4

FORM 4

UNITED 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^*

Mbugua Stanley

(Last) (First) (Middle)

C/O DATAVAULT AI INC. ONE COMMERCE SQ.,

2005 MARKET STREET, SUITE 2400

(Street)

PHILADELPHIA PA 19103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Datavault AI Inc. [ DVLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/21/2025		S(1)		8,219(1)	D	$2.4396(2)	316,199	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock, par value $0.0001 per share, of the issuer sold to the open market by the issuer on behalf of the reporting person to satisfy tax obligations in connection with vesting of equity awards and was not a discretionary transaction by the reporting person.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.355 to $2.495. The reporting person undertakes to provide to the issuer, any shareholder 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 set forth in this footnote.

Remarks:

Chief Accounting Officer and VP of Finance

	/s/ Stanley Mbugua	11/25/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Datavault AI Inc. (DVLT) report?

Datavault AI Inc. reported that its Chief Accounting Officer and VP of Finance, Stanley Mbugua, had 8,219 shares of common stock sold on 11/21/2025 in an open-market transaction.

At what price were the DVLT shares sold in the reported Form 4 transaction?

The 8,219 DVLT shares were sold at a weighted average price of $2.4396 per share, with individual trades executed between $2.355 and $2.495 per share.

Why were Datavault AI (DVLT) shares sold on behalf of the reporting person?

The shares were sold by the issuer on behalf of the reporting person to satisfy tax obligations in connection with the vesting of equity awards and were not a discretionary transaction by the officer.

How many DVLT shares does the insider own after the transaction?

After the reported transaction, the officer beneficially owns 316,199 shares of Datavault AI Inc. common stock.

Who is the insider involved in this Datavault AI (DVLT) Form 4 filing and what is their role?

The insider is Stanley Mbugua, who serves as Chief Accounting Officer and VP of Finance of Datavault AI Inc.

Was the DVLT insider sale made under a discretionary trading decision?

No. The filing states that the shares were sold by the issuer on behalf of the reporting person solely to meet tax obligations related to equity award vesting and were not a discretionary transaction by the officer.