Datavault AI (DVLT) CFO now owns 5,560,536 common shares
Rhea-AI Filing Summary
Datavault AI Inc. (DVLT) reported that Brett Moyer, its Chief Financial Officer and director, acquired 26,024 shares of common stock on 2026-08-18. The acquisition was a grant/award tied to the closing of Datavault AI’s merger involving NYIAX, Inc., rather than an open-market purchase.
According to the merger terms, Mr. Moyer received these shares in exchange for 18,413 shares of NYIAX common stock, using an exchange ratio of approximately 1.41 DVLT shares for each NYIAX share. Following this transaction, he directly holds 5,560,536 shares of Datavault AI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,024 shares
Net Buy
1 txn
Insider
MOYER BRETT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 26,024 | -- | -- |
Holdings After Transaction:
Common Stock — 5,560,536 shares (Direct)
Footnotes (1)
- F1. Received in exchange for 18,413 shares of NYIAX, Inc. ("NYIAX") common stock in connection with the merger of NYIAX with and into DVLT Merger Sub Inc., a wholly owned subsidiary of the Issuer ("Merger Sub"), pursuant to that certain Agreement and Plan of Merger, dated as of March 18, 2026, as amended from time to time (the "Merger Agreement"), by and among the Issuer, Merger Sub and NYIAX. At the effective time of the merger contemplated by the Merger Agreement, the Reporting Person, as a stockholder of NYIAX, became entitled to receive a number of shares of the Issuer's common stock equal to the exchange ratio (determined pursuant to the Merger Agreement) for each share of NYIAX common stock held by the Reporting Person. The exchange ratio was approximately 1.41 shares of Issuer common stock for each share of NYIAX common stock.
Key Figures
Shares acquired: 26,024 shares of common stock
NYIAX shares exchanged: 18,413 shares of NYIAX, Inc. common stock
Exchange ratio: Approximately 1.41 shares of DVLT common stock for each share of NYIAX common stock
+2 more
5 metrics
Shares acquired
26,024 shares of common stock
Grant/award acquisition on 2026-08-18 tied to the NYIAX merger
NYIAX shares exchanged
18,413 shares of NYIAX, Inc. common stock
Shares surrendered by Brett Moyer for DVLT stock in the merger
Exchange ratio
Approximately 1.41 shares of DVLT common stock for each share of NYIAX common stock
Determined pursuant to the Agreement and Plan of Merger
Total DVLT shares held after transaction
5,560,536 shares of common stock
Direct ownership by Brett Moyer following the reported acquisition
Transaction code
A
Indicates grant, award, or other acquisition of common stock
Key Terms
Agreement and Plan of Merger, exchange ratio, Merger Sub, common stock
4 terms
Agreement and Plan of Merger regulatory
"pursuant to that certain Agreement and Plan of Merger, dated as of March 18, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
exchange ratio financial
"became entitled to receive a number of shares ... equal to the exchange ratio"
The exchange ratio is the number used to decide how many shares of one company you get for each share you own in another company during a merger or acquisition. It’s like a recipe that tells you how to swap shares fairly, ensuring both companies’ values are balanced. This ratio matters because it determines how ownership divides between the companies' shareholders.
Merger Sub regulatory
"the merger of NYIAX with and into DVLT Merger Sub Inc., a wholly owned subsidiary"
A merger sub is a temporary, wholly owned subsidiary that an acquiring company creates to carry out a merger with another firm. Think of it as a wrapper used to combine two businesses—this can simplify legal and tax steps, isolate liabilities, and help preserve the target’s contracts or stock structure, so investors watch it because the chosen approach affects deal mechanics, shareholder votes, potential dilution, and legal or tax risk.
common stock financial
"Received in exchange for 18,413 shares of NYIAX, Inc. ("NYIAX") common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did DVLT disclose for Brett Moyer?
DVLT disclosed that Chief Financial Officer and director Brett Moyer acquired 26,024 shares of Datavault AI common stock on 2026-08-18. The acquisition was reported with transaction code A, indicating a grant, award, or other acquisition rather than an open-market trade.
What is Brett Moyer’s total DVLT ownership after this Form 4 transaction?
After the reported transaction, Brett Moyer directly holds 5,560,536 shares of Datavault AI Inc. common stock. This figure comes from the Form 4 field labeled “total shares following transaction” for his non-derivative holdings.
Was the DVLT insider transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is unchecked, and the footnote does not reference any trading plan. The transaction is described as merger consideration rather than a discretionary trade under a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
