Is the 250,000-share Datavault AI (DVLT) transaction a market purchase or a compensation grant?

The 250,000-share transaction is a compensation grant, not a market purchase. The filing classifies it as a grant or award at a stated price of $0.0000 per share, received for service on Datavault AI’s board under its 2018 Long-Term Stock Incentive Plan.

Under which plan was the Datavault AI (DVLT) 250,000-share grant to director Howitt issued?

The 250,000-share grant was issued under Datavault AI’s 2018 Long-Term Stock Incentive Plan. The filing describes these as LTIP Shares granted as compensation for Howitt’s board service, with vesting spread over multiple dates from 2026 through 2029, subject to continued service.

Datavault AI (DVLT) director gets 250,000-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Howitt David Marc reported acquisition or exercise transactions in this Form 4 filing.

Datavault AI Inc. director David Marc Howitt received a grant of 250,000 shares of common stock as board compensation. The award was made at a stated price of $0.0000 per share under the company’s 2018 Long-Term Stock Incentive Plan and is a stock-based compensation grant, not an open-market 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, conditioned on his continued service. Following this grant, he directly holds 561,909 shares of Datavault AI common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Howitt David Marc

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	250,000	$0.00	--

Holdings After Transaction: Common Stock — 561,909 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock grant size: 250,000 shares Grant price: $0.0000 per share Post-grant holdings: 561,909 shares +2 more

5 metrics

Stock grant size 250,000 shares Board compensation grant of common stock

Grant price $0.0000 per share Stated price for LTIP stock award

Post-grant holdings 561,909 shares Total common shares held directly after transaction

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")."

LTIP Shares financial

"250,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share"

vest financial

"scheduled to vest in equal installments, beginning on September 20, 2026 and ending on September 20, 2029"

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.

Form 4 Insider Transactions: What Each Field Means →

04/22/2026 - 09:51 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Howitt David Marc

(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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/20/2026		A		250,000⁽¹⁾	A	$0.00	561,909	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ David Marc Howitt	04/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Datavault AI (DVLT) director David Marc Howitt report on this Form 4?

Datavault AI director David Marc Howitt reported receiving a grant of 250,000 shares of common stock as compensation for his service on the board. The award was issued under the company’s 2018 Long-Term Stock Incentive Plan and increased his direct holdings to 561,909 shares.

How will the 250,000 Datavault AI (DVLT) LTIP Shares vest for director Howitt?

The 250,000 LTIP Shares will vest in equal installments between 2026 and 2029. Vesting occurs on each March 20, June 20, September 20 and December 20 starting September 20, 2026, so long as David Marc Howitt continues serving Datavault AI on each vesting date.

What are David Marc Howitt’s Datavault AI (DVLT) holdings after this Form 4 transaction?

After the reported grant, David Marc Howitt directly holds 561,909 shares of Datavault AI common stock. This total reflects the addition of the 250,000-share board compensation award to his prior position, as disclosed in the Form 4 following the non-derivative transaction.