Datavault AI (DVLT) director Briskey granted 250,000-share long-term award
Rhea-AI Filing Summary
Briskey Kimberly reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Kimberly Briskey 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. These shares were awarded at no cash cost and increase her direct holdings to 576,872 shares.
The 250,000 granted shares are scheduled to vest in equal installments between September 20, 2026 and September 20, 2029, on each March 20, June 20, September 20 and December 20. Vesting depends on her continuing to serve the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 250,000 shares
Net Buy
1 txn
Insider
Briskey Kimberly
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 576,872 shares (Direct)
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
Share grant size: 250,000 shares
Grant price: $0.00 per share
Post-transaction holdings: 576,872 shares
+2 more
5 metrics
Share grant size
250,000 shares
Common stock award for board service
Grant price
$0.00 per share
Equity compensation, no cash paid
Post-transaction holdings
576,872 shares
Direct holdings after grant
Vesting period start
September 20, 2026
First vesting date for LTIP Shares
Vesting period end
September 20, 2029
Final vesting date for LTIP Shares
Key Terms
2018 Long-Term Stock Incentive Plan, LTIP Shares, vest, board of directors
4 terms
2018 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"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Datavault AI (DVLT) director Kimberly Briskey report?
Kimberly Briskey reported receiving a grant of 250,000 shares of Datavault AI common stock as board compensation. The award was made under the 2018 Long-Term Stock Incentive Plan and increased her direct holdings to 576,872 shares after the transaction.