Datavault AI director granted 211,203 shares in stock compensation
Datavault AI Inc. reported a director equity compensation grant.
Rhea-AI Filing Summary
Datavault AI Inc. reported a director equity compensation grant. A board member received 211,203 shares of Datavault AI common stock as compensation under the company’s 2018 Long-Term Stock Incentive Plan. The filing shows the shares at a price of $0, reflecting that they were awarded as stock-based pay rather than purchased for cash.
The 211,203 shares are scheduled to vest in equal installments from March 20, 2026 through December 20, 2028, with vesting dates on March 20, June 20, September 20 and December 20, as long as the director continues serving the company on each vesting date. Following this grant, the reporting person beneficially owns 326,872 shares of Datavault AI common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 211,203 | $0.00 | $0.00 |
Footnotes (1)
- F1. 211,203 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 March 20, 2026 and ending on December 20, 2028, 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.
FAQ
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