Director Tobias Robert granted 250,000 Datavault AI (DVLT) shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tobias Robert reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Tobias Robert 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 grant was at $0.00 per share and is structured as a stock award rather than a purchase.
The 250,000 LTIP shares are 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, contingent on continued service. Following this grant, Robert directly owns 581,565 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tobias Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 581,565 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 250,000 shares
Grant price per share: $0.00 per share
Post-transaction holdings: 581,565 shares
+2 more
5 metrics
Stock grant size
250,000 shares
Common Stock awarded as board compensation under 2018 LTIP
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Post-transaction holdings
581,565 shares
Total Datavault AI common shares directly owned after grant
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, LTIP Shares, vest, grant, award, or other acquisition
4 terms
Long-Term Stock Incentive Plan financial
"pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant")."
vest financial
"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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Datavault AI (DVLT) director Tobias Robert report in this Form 4?
Director Tobias Robert reported receiving 250,000 shares of Datavault AI common stock as a compensation grant under the 2018 Long-Term Stock Incentive Plan, rather than buying shares in the open market. This increases his direct ownership position in the company.
Is the Datavault AI (DVLT) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant or award, not a market purchase. Code “A” and a $0.00 per share price indicate the 250,000 shares were issued as compensation for board service under Datavault AI’s 2018 Long-Term Stock Incentive Plan.