Datavault AI director granted 250,000 shares
Tobias Robert reported acquisition or exercise transactions in this Form 4 filing.
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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.
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
Long-Term Stock Incentive Plan financial
vest financial
grant, award, or other acquisition financial
FAQ
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What did Datavault AI (DVLT) director Tobias Robert report in this Form 4?
Is the Datavault AI (DVLT) Form 4 transaction a stock purchase or a grant?
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