STOCK TITAN

[Form 4] WiSA Technologies, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Datavault AI Inc. (DVLT) officer Stanley Mbugua reported changes in his holdings on Form 4. The filing discloses a market sale of 33,920 shares on 08/28/2025 at $0.40 per share executed by the issuer to satisfy tax obligations related to vesting of equity awards; the sale was not a discretionary transaction by the reporting person. The filing also corrects a prior Form 4 omission by including a 120,000-share grant received on 06/25/2025 under the companys 2018 Long-Term Stock Incentive Plan. After the reported transaction(s), Mbuguas beneficial ownership is reported as 324,418 shares. The filing identifies Mbugua as Chief Accounting Officer and VP of Finance.

Stanley Mbugua, dirigente di Datavault AI Inc. (DVLT), ha comunicato variazioni nel suo portafoglio tramite il Modulo 4. La dichiarazione riporta una vendita sul mercato di 33.920 azioni avvenuta il 28/08/2025 a 0,40 USD per azione, eseguita dall'emittente per coprire imposte legate al vesting di premi azionari; la vendita non è stata una transazione discrezionale del dichiarante. Il documento corregge inoltre un'omissione di un precedente Modulo 4 includendo una concessione di 120.000 azioni ricevuta il 25/06/2025 nell'ambito del Piano di Incentivi Azionari a Lungo Termine 2018 dell'azienda. Dopo le operazioni segnalate, la partecipazione beneficiaria di Mbugua risulta pari a 324.418 azioni. Il modulo indica Mbugua come Chief Accounting Officer e VP of Finance.

Stanley Mbugua, ejecutivo de Datavault AI Inc. (DVLT), informó cambios en sus participaciones mediante el Formulario 4. La presentación revela una venta en el mercado de 33.920 acciones el 28/08/2025 a 0,40 USD por acción, ejecutada por el emisor para cubrir obligaciones fiscales relacionadas con el vesting de premios accionarios; la venta no fue una operación discrecional del informante. El formulario también corrige una omisión en un Formulario 4 previo al incluir una concesión de 120.000 acciones recibida el 25/06/2025 bajo el Plan de Incentivos de Acciones a Largo Plazo 2018 de la compañía. Tras las operaciones notificadas, la propiedad beneficiaria de Mbugua se reporta en 324.418 acciones. El documento identifica a Mbugua como Chief Accounting Officer y VP of Finance.

Datavault AI Inc. (DVLT) 임원 스탠리 음부구아(Stanley Mbugua)가 서식 4(Form 4)를 통해 보유 내역 변동을 보고했습니다. 제출서류에는 2025-08-28에 발행자가 주식 보상(vesting)과 관련된 세금 납부를 위해 수행한 33,920주 시장 매도가 주당 0.40달러에 이루어졌다고 기재되어 있으며, 해당 매도는 보고인의 임의 거래가 아니었습니다. 또한 이 제출서는 이전 서식 4의 누락을 정정하여 2018 장기 주식 인센티브 계획에 따라 2025-06-25에 수령한 120,000주 부여를 포함하고 있습니다. 보고된 거래 이후 음부구아의 실질 보유는 총 324,418주로 보고됩니다. 서류에는 음부구아의 직책을 최고회계책임자(Chief Accounting Officer) 겸 재무부 부사장(VP of Finance)으로 명시하고 있습니다.

Stanley Mbugua, dirigeant de Datavault AI Inc. (DVLT), a déclaré des modifications de ses avoirs via le Formulaire 4. Le dépôt révèle une vente sur le marché de 33 920 actions le 28/08/2025 au prix de 0,40 USD par action, effectuée par l'émetteur pour satisfaire des obligations fiscales liées au vesting de récompenses en actions ; cette vente n'a pas été une opération discrétionnaire de la personne déclarante. Le dépôt corrige également une omission d'un Formulaire 4 antérieur en incluant une attribution de 120 000 actions reçue le 25/06/2025 dans le cadre du Plan d'incitation en actions à long terme 2018 de la société. Après les opérations signalées, la détention bénéficiaire de Mbugua est déclarée à 324 418 actions. Le formulaire identifie Mbugua comme Chief Accounting Officer et VP of Finance.

Stanley Mbugua, Geschäftsführer von Datavault AI Inc. (DVLT), meldete Änderungen seiner Bestände im Formular 4. Die Einreichung gibt einen Marktverkauf von 33.920 Aktien am 28.08.2025 zu 0,40 USD je Aktie an, ausgeführt durch den Emittenten zur Deckung von Steuerverpflichtungen im Zusammenhang mit dem Vesting von Aktienzuwendungen; der Verkauf war keine eigenhändige Verfügung der meldepflichtigen Person. Außerdem korrigiert die Einreichung eine frühere Auslassung im Formular 4, indem eine am 25.06.2025 erhaltene Zuteilung von 120.000 Aktien im Rahmen des Long-Term Stock Incentive Plan 2018 des Unternehmens aufgenommen wird. Nach den gemeldeten Transaktionen beläuft sich Mbuguas wirtschaftlicher Besitz auf 324.418 Aktien. Das Formular benennt Mbugua als Chief Accounting Officer und VP of Finance.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Insider sold a small block to cover taxes; prior reporting omission corrected, overall ownership remains material but unchanged by strategy.

The sale of 33,920 shares at $0.40 was executed by the issuer to satisfy tax withholding on vested awards and is explicitly described as non-discretionary. This is a routine administrative transaction and does not indicate an opportunistic insider sale. The corrected inclusion of 120,000 shares from the June 25, 2025 award increases reported beneficial ownership to 324,418 shares. For investors, the material element is the corrected disclosure rather than a change in company direction or performance metrics.

TL;DR: The Form 4 corrects a prior reporting omission and documents a tax-related sale; the governance implication is procedural, not a red flag.

The filing appropriately amends beneficial ownership to include previously omitted compensation shares and documents that the 08/28/2025 disposition was performed by the issuer to meet tax obligations from vesting. While reporting omissions warrant attention to internal controls over SEC reporting, the corrective filing and explicit explanation satisfy disclosure obligations and reduce information asymmetry for shareholders.

Stanley Mbugua, dirigente di Datavault AI Inc. (DVLT), ha comunicato variazioni nel suo portafoglio tramite il Modulo 4. La dichiarazione riporta una vendita sul mercato di 33.920 azioni avvenuta il 28/08/2025 a 0,40 USD per azione, eseguita dall'emittente per coprire imposte legate al vesting di premi azionari; la vendita non è stata una transazione discrezionale del dichiarante. Il documento corregge inoltre un'omissione di un precedente Modulo 4 includendo una concessione di 120.000 azioni ricevuta il 25/06/2025 nell'ambito del Piano di Incentivi Azionari a Lungo Termine 2018 dell'azienda. Dopo le operazioni segnalate, la partecipazione beneficiaria di Mbugua risulta pari a 324.418 azioni. Il modulo indica Mbugua come Chief Accounting Officer e VP of Finance.

Stanley Mbugua, ejecutivo de Datavault AI Inc. (DVLT), informó cambios en sus participaciones mediante el Formulario 4. La presentación revela una venta en el mercado de 33.920 acciones el 28/08/2025 a 0,40 USD por acción, ejecutada por el emisor para cubrir obligaciones fiscales relacionadas con el vesting de premios accionarios; la venta no fue una operación discrecional del informante. El formulario también corrige una omisión en un Formulario 4 previo al incluir una concesión de 120.000 acciones recibida el 25/06/2025 bajo el Plan de Incentivos de Acciones a Largo Plazo 2018 de la compañía. Tras las operaciones notificadas, la propiedad beneficiaria de Mbugua se reporta en 324.418 acciones. El documento identifica a Mbugua como Chief Accounting Officer y VP of Finance.

Datavault AI Inc. (DVLT) 임원 스탠리 음부구아(Stanley Mbugua)가 서식 4(Form 4)를 통해 보유 내역 변동을 보고했습니다. 제출서류에는 2025-08-28에 발행자가 주식 보상(vesting)과 관련된 세금 납부를 위해 수행한 33,920주 시장 매도가 주당 0.40달러에 이루어졌다고 기재되어 있으며, 해당 매도는 보고인의 임의 거래가 아니었습니다. 또한 이 제출서는 이전 서식 4의 누락을 정정하여 2018 장기 주식 인센티브 계획에 따라 2025-06-25에 수령한 120,000주 부여를 포함하고 있습니다. 보고된 거래 이후 음부구아의 실질 보유는 총 324,418주로 보고됩니다. 서류에는 음부구아의 직책을 최고회계책임자(Chief Accounting Officer) 겸 재무부 부사장(VP of Finance)으로 명시하고 있습니다.

Stanley Mbugua, dirigeant de Datavault AI Inc. (DVLT), a déclaré des modifications de ses avoirs via le Formulaire 4. Le dépôt révèle une vente sur le marché de 33 920 actions le 28/08/2025 au prix de 0,40 USD par action, effectuée par l'émetteur pour satisfaire des obligations fiscales liées au vesting de récompenses en actions ; cette vente n'a pas été une opération discrétionnaire de la personne déclarante. Le dépôt corrige également une omission d'un Formulaire 4 antérieur en incluant une attribution de 120 000 actions reçue le 25/06/2025 dans le cadre du Plan d'incitation en actions à long terme 2018 de la société. Après les opérations signalées, la détention bénéficiaire de Mbugua est déclarée à 324 418 actions. Le formulaire identifie Mbugua comme Chief Accounting Officer et VP of Finance.

Stanley Mbugua, Geschäftsführer von Datavault AI Inc. (DVLT), meldete Änderungen seiner Bestände im Formular 4. Die Einreichung gibt einen Marktverkauf von 33.920 Aktien am 28.08.2025 zu 0,40 USD je Aktie an, ausgeführt durch den Emittenten zur Deckung von Steuerverpflichtungen im Zusammenhang mit dem Vesting von Aktienzuwendungen; der Verkauf war keine eigenhändige Verfügung der meldepflichtigen Person. Außerdem korrigiert die Einreichung eine frühere Auslassung im Formular 4, indem eine am 25.06.2025 erhaltene Zuteilung von 120.000 Aktien im Rahmen des Long-Term Stock Incentive Plan 2018 des Unternehmens aufgenommen wird. Nach den gemeldeten Transaktionen beläuft sich Mbuguas wirtschaftlicher Besitz auf 324.418 Aktien. Das Formular benennt Mbugua als Chief Accounting Officer und VP of Finance.

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*
Mbugua Stanley

(Last) (First) (Middle)
C/O DATAVAULT AI INC.
15268 NW GREENBRIER PKWY

(Street)
BEAVERTON OR 97006

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Datavault AI Inc. [ DVLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/28/2025 S(1) 33,920(1) D $0.4 324,418(2) 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. On June 27, 2025, the reporting person filed a Form 4 which inadvertently did not report 120,000 shares of Common Stock of the issuer which were received by the reporting person on June 25, 2025, as compensation for his service as an officer pursuant to the issuer's 2018 Long-Term Stock Incentive Plan. Accordingly, the number of securities reported as beneficially owned in this filing includes the grant of 120,000 shares previously omitted from the prior filing.
Remarks:
Chief Accounting Officer and VP of Finance
/s/ Stanley Mbugua 09/02/2025
** 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.

FAQ

What transaction did Stanley Mbugua report on DVLT Form 4?

The filing reports a sale of 33,920 shares on 08/28/2025 at $0.40 per share executed by the issuer to satisfy tax obligations related to vested awards.

Why were shares sold on behalf of the reporting person in the DVLT Form 4?

The shares were sold by the issuer to satisfy tax obligations arising from the vesting of equity awards; the sale was not discretionary by the reporting person.

Did the Form 4 correct any prior disclosures for DVLT?

Yes. The filing corrects a prior Form 4 by including a previously omitted grant of 120,000 shares received on 06/25/2025 under the 2018 Long-Term Stock Incentive Plan.

How many shares does the reporting person beneficially own after the reported transactions?

The filing reports 324,418 shares beneficially owned by the reporting person following the transactions.

What is Stanley Mbuguas role at Datavault AI Inc. as stated in the filing?

The filing identifies him as Chief Accounting Officer and VP of Finance.
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