Datavault AI (DVLT) director has 50,463 shares sold to cover tax obligations

Rhea-AI Filing Summary

Datavault AI Inc. reported that director and officer Stanley Mbugua had 50,463 shares of common stock sold into the open market by the company on his behalf to satisfy tax obligations from vesting equity awards. The shares were sold in multiple trades at prices ranging from $0.6248 to $0.6324 per share. After these tax-related sales, he directly holds 1,015,828 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

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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 PENNSYLVANIA 19103

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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

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

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

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	03/24/2026		S		50,463(1)	D	$0.0627(2)	1,015,828	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 $0.6248 to $0.6324. 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	03/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Datavault AI (DVLT) disclose in this Form 4?

Datavault AI disclosed that director and officer Stanley Mbugua had 50,463 common shares sold into the open market. The transaction was recorded as a sale but was executed to cover tax obligations from vesting equity awards, not as a discretionary trade.

How many Datavault AI (DVLT) shares were sold and at what prices?

A total of 50,463 Datavault AI common shares were sold. The filing states that these shares were sold in multiple transactions at prices ranging from $0.6248 to $0.6324 per share, with the reported price representing a weighted average across those trades.

Why were Datavault AI (DVLT) shares sold on behalf of Stanley Mbugua?

The shares were sold to satisfy tax obligations arising from the vesting of equity awards. According to the filing, Datavault AI sold the shares into the open market on behalf of Stanley Mbugua, and the transaction was not a discretionary trade by him.

How many Datavault AI (DVLT) shares does Stanley Mbugua hold after this transaction?

Following the tax-related sale, Stanley Mbugua directly holds 1,015,828 shares of Datavault AI common stock. This remaining position, reported in the Form 4, provides context for the size of the tax-covering sale relative to his overall shareholdings.

Was the Datavault AI (DVLT) insider sale by Stanley Mbugua discretionary?

No. The filing explains that the shares were sold by the issuer on his behalf solely to cover tax liabilities tied to vesting equity awards. It specifically notes that this was not a discretionary transaction initiated by the reporting person.

What does the weighted average price mean in the Datavault AI (DVLT) Form 4?

The Form 4 reports a weighted average sale price and notes that individual trades occurred between $0.6248 and $0.6324 per share. A weighted average price reflects the combined effect of multiple trades at different prices in a single summarized figure.