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

Rhea-AI Filing Summary

Form 4 Overview – Datavault AI Inc. (DVLT)

On 06/25/2025, director David Marc Howitt acquired 26,372 shares of Datavault AI Inc. common stock (par value $0.0001) at a $0.00 purchase price. The shares were issued as compensation under the company’s 2018 Long-Term Stock Incentive Plan (LTIP) rather than through an open-market transaction.

Following the grant, Howitt’s total beneficial ownership increased to 120,362 DVLT shares, held directly.

Vesting Schedule

• The LTIP shares vest in equal quarterly installments on September 20, December 20, March 20 and June 20 from 09/20/2025 through 06/20/2028, contingent on the director’s continued service.

Key Takeaways for Investors

• No cash outlay by the insider; the award is part of normal board compensation.
• Grant modestly increases insider ownership, modestly aligning director incentives with shareholder value.
• The multiyear vesting period encourages long-term board engagement.

Positive

• Director ownership increases by 26,372 shares, modestly strengthening alignment between board and shareholders.
• Four-year vesting structure incentivises long-term board engagement.

Negative

• No open-market purchase; zero-cost grant offers limited insight into insider sentiment.
• The small share count (26,372) is unlikely to materially affect float or signal strong conviction.

Insights

Corporate Governance Expert

TL;DR: Routine LTIP grant; modestly higher insider stake, limited market signal.

This Form 4 reflects a standard equity-based director compensation grant, not a discretionary insider purchase. The zero-cost issuance under the 2018 LTIP is common practice to align board interests with shareholders. Although the incremental 26,372-share award brings Howitt’s stake to 120,362 shares, the grant’s small absolute size and scheduled vesting dilute its immediate signalling value. There is no indication of strategic shifts, financial performance, or liquidity events. As such, material impact on valuation or near-term trading dynamics is limited.

Portfolio Manager

TL;DR: Neutral—compensation grant adds alignment but no buy-side conviction.

From a portfolio-allocation perspective, I view this transaction as neutral. While increased insider ownership is marginally constructive, the absence of out-of-pocket investment and the pro-rata vesting through 2028 diminish any strong positive read-through. The award neither alters float materially nor signals management’s view on undervaluation. Therefore, I classify the filing as non-impactful for position sizing or risk-reward assessments.

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.

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		A		26,372(1)	A	$0	120,362	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. 26,372 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, from the period from September 20, 2025 to June 20, 2028, on each September 20th, December 20th, March 20th, and June 20th, so long as the reporting person remains in the service of the issuer on each such date.

	/s/ David M. Howitt	06/27/2025
	** 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

How many DVLT shares did director David M. Howitt receive in the latest Form 4?

26,372 shares of common stock were granted on 06/25/2025.

Did the director pay anything for the DVLT shares?

No. The shares were issued at a $0.00 purchase price as LTIP compensation.

What is David Howitt’s total DVLT ownership after the grant?

He now beneficially owns 120,362 shares directly.

When will the LTIP shares vest?

They vest quarterly on Sep 20, Dec 20, Mar 20 and Jun 20 from 09/20/2025 to 06/20/2028, subject to continued service.

Does this Form 4 indicate a 10b5-1 trading plan?

The filing does not mark the Rule 10b5-1 checkbox, indicating the grant is not under such a plan.