STOCK TITAN

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

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

Brett Moyer, a director and the Chief Financial Officer of Datavault AI Inc. (DVLT), reported a sale and corrected prior ownership information. The filing shows 130,754 shares of common stock were sold into the open market on 08/28/2025 at $0.40 per share to satisfy tax obligations tied to vesting equity awards; the sale was executed by the issuer on the reporting person’s behalf and was not discretionary. The filing also corrects a prior Form 4 omission by adding 350,000 shares received as compensation on 06/25/2025. After the reported sale and correction, the filing states the reporting person beneficially owns 1,117,665 shares.

Brett Moyer, direttore e Chief Financial Officer di Datavault AI Inc. (DVLT), ha comunicato una vendita e ha corretto informazioni precedentemente riportate sulla sua partecipazione. La comunicazione indica che 130.754 azioni ordinarie sono state vendute sul mercato aperto il 28/08/2025 al prezzo di $0,40 per azione per far fronte a obblighi fiscali derivanti da premi azionari maturati; la vendita è stata eseguita dall’emittente per conto della persona segnalante e non è stata discrezionale. Il documento corregge inoltre una precedente omissione nel Form 4 aggiungendo 350.000 azioni ricevute come compenso il 25/06/2025. Dopo la vendita e la correzione, la comunicazione dichiara che la persona segnalante detiene beneficiariamente 1.117.665 azioni.

Brett Moyer, director y Director Financiero (CFO) de Datavault AI Inc. (DVLT), informó una venta y corrigió información previa sobre su propiedad. El documento indica que 130.754 acciones ordinarias se vendieron en el mercado abierto el 28/08/2025 a $0,40 por acción para cubrir obligaciones fiscales vinculadas a la consolidación de premios en acciones; la venta fue ejecutada por el emisor en nombre del informante y no fue discrecional. Además, la presentación corrige una omisión anterior en el Formulario 4 al añadir 350.000 acciones recibidas como compensación el 25/06/2025. Tras la venta y la corrección, el informe indica que el informante posee beneficiariamente 1.117.665 acciones.

Brett Moyer, Datavault AI Inc. (DVLT)의 이사 겸 최고재무책임자(CFO)는 매도 내역을 보고하고 이전 보유 정보의 정정을 제출했습니다. 보고서에 따르면 130,754주의 보통주가 2025-08-28에 주당 $0.40에 공개 시장에서 매도되었으며, 이는 지분 보상(베스팅)과 관련된 세금 의무를 충당하기 위한 것이었습니다. 해당 매도는 보고인 본인이 임의로 실행한 것이 아니라 발행사가 보고인을 대신해 실행했습니다. 또한 이 제출서는 이전 Form 4의 누락을 정정하여 2025-06-25에 보상으로 수령한 350,000주를 추가했습니다. 보고된 매도 및 정정 후, 보고인은 혜택적으로 1,117,665주를 보유하고 있는 것으로 명시되어 있습니다.

Brett Moyer, administrateur et directeur financier (CFO) de Datavault AI Inc. (DVLT), a signalé une vente et corrigé des informations antérieures sur sa détention. Le dépôt indique que 130 754 actions ordinaires ont été vendues sur le marché ouvert le 28/08/2025 à 0,40 $ par action pour couvrir des obligations fiscales liées à l’acquisition de titres attribués ; la vente a été effectuée par l’émetteur pour le compte de la personne déclarant et n’était pas discrétionnaire. Le dépôt corrige également une omission antérieure du Formulaire 4 en ajoutant 350 000 actions reçues en rémunération le 25/06/2025. Après la vente et la correction déclarées, le document indique que la personne déclarant détient à titre bénéficiaire 1 117 665 actions.

Brett Moyer, Direktor und Chief Financial Officer von Datavault AI Inc. (DVLT), meldete einen Verkauf und korrigierte zuvor gemeldete Besitzangaben. Die Einreichung weist aus, dass 130.754 Stammaktien am 28.08.2025 zu $0,40 je Aktie auf dem offenen Markt verkauft wurden, um Steuerverpflichtungen im Zusammenhang mit zugegangenen Aktienvergütungen zu erfüllen; der Verkauf wurde vom Emittenten im Namen der meldenden Person ausgeführt und war nicht diskretionär. Die Einreichung korrigiert außerdem eine frühere Form-4-Auslassung, indem 350.000 als Vergütung erhaltene Aktien vom 25.06.2025 hinzugefügt wurden. Nach dem gemeldeten Verkauf und der Korrektur gibt die Einreichung an, dass die meldende Person wirtschaftlich 1.117.665 Aktien besitzt.

Positive
  • Correction filed to disclose the previously omitted grant of 350,000 shares, restoring accuracy of insider holdings
  • Sale was non-discretionary and executed to satisfy tax obligations, which limits interpretation as a voluntary divestiture
Negative
  • Prior omission of 350,000 shares from a June 25, 2025 compensation grant indicates a reporting/control lapse
  • Reported sale of 130,754 shares reduces the reporting person’s direct holdings and may be seen as a near-term liquidity action

Insights

TL;DR: Director/officer sold shares to cover taxes; prior grant omission corrected—neutral to small negative near-term signal.

The sale of 130,754 shares at $0.40 appears routine and is described as non-discretionary, made to satisfy tax obligations from vested awards, which reduces the officer’s direct holdings but does not on its face indicate confidence or distress beyond routine tax-related sales. The corrected disclosure adding 350,000 shares granted on 06/25/2025 meaningfully increases reported beneficial ownership and fixes a reporting error; timely correction reduces ongoing disclosure risk but raises questions about internal controls around timely filings.

TL;DR: Corrective filing addresses an omission; the incident flags a governance/reporting control lapse but was remedied.

Reporting a previously omitted 350,000-share compensation grant is material to insider holdings and the amendment is important for accurate Section 16 transparency. The narrative states the sale was executed by the issuer to satisfy tax obligations, suggesting the officer did not initiate a discretionary open-market sale. While the correction mitigates continued non-compliance, the underlying omission highlights a need for improved process controls around timely Form 4 reporting for executive awards.

Brett Moyer, direttore e Chief Financial Officer di Datavault AI Inc. (DVLT), ha comunicato una vendita e ha corretto informazioni precedentemente riportate sulla sua partecipazione. La comunicazione indica che 130.754 azioni ordinarie sono state vendute sul mercato aperto il 28/08/2025 al prezzo di $0,40 per azione per far fronte a obblighi fiscali derivanti da premi azionari maturati; la vendita è stata eseguita dall’emittente per conto della persona segnalante e non è stata discrezionale. Il documento corregge inoltre una precedente omissione nel Form 4 aggiungendo 350.000 azioni ricevute come compenso il 25/06/2025. Dopo la vendita e la correzione, la comunicazione dichiara che la persona segnalante detiene beneficiariamente 1.117.665 azioni.

Brett Moyer, director y Director Financiero (CFO) de Datavault AI Inc. (DVLT), informó una venta y corrigió información previa sobre su propiedad. El documento indica que 130.754 acciones ordinarias se vendieron en el mercado abierto el 28/08/2025 a $0,40 por acción para cubrir obligaciones fiscales vinculadas a la consolidación de premios en acciones; la venta fue ejecutada por el emisor en nombre del informante y no fue discrecional. Además, la presentación corrige una omisión anterior en el Formulario 4 al añadir 350.000 acciones recibidas como compensación el 25/06/2025. Tras la venta y la corrección, el informe indica que el informante posee beneficiariamente 1.117.665 acciones.

Brett Moyer, Datavault AI Inc. (DVLT)의 이사 겸 최고재무책임자(CFO)는 매도 내역을 보고하고 이전 보유 정보의 정정을 제출했습니다. 보고서에 따르면 130,754주의 보통주가 2025-08-28에 주당 $0.40에 공개 시장에서 매도되었으며, 이는 지분 보상(베스팅)과 관련된 세금 의무를 충당하기 위한 것이었습니다. 해당 매도는 보고인 본인이 임의로 실행한 것이 아니라 발행사가 보고인을 대신해 실행했습니다. 또한 이 제출서는 이전 Form 4의 누락을 정정하여 2025-06-25에 보상으로 수령한 350,000주를 추가했습니다. 보고된 매도 및 정정 후, 보고인은 혜택적으로 1,117,665주를 보유하고 있는 것으로 명시되어 있습니다.

Brett Moyer, administrateur et directeur financier (CFO) de Datavault AI Inc. (DVLT), a signalé une vente et corrigé des informations antérieures sur sa détention. Le dépôt indique que 130 754 actions ordinaires ont été vendues sur le marché ouvert le 28/08/2025 à 0,40 $ par action pour couvrir des obligations fiscales liées à l’acquisition de titres attribués ; la vente a été effectuée par l’émetteur pour le compte de la personne déclarant et n’était pas discrétionnaire. Le dépôt corrige également une omission antérieure du Formulaire 4 en ajoutant 350 000 actions reçues en rémunération le 25/06/2025. Après la vente et la correction déclarées, le document indique que la personne déclarant détient à titre bénéficiaire 1 117 665 actions.

Brett Moyer, Direktor und Chief Financial Officer von Datavault AI Inc. (DVLT), meldete einen Verkauf und korrigierte zuvor gemeldete Besitzangaben. Die Einreichung weist aus, dass 130.754 Stammaktien am 28.08.2025 zu $0,40 je Aktie auf dem offenen Markt verkauft wurden, um Steuerverpflichtungen im Zusammenhang mit zugegangenen Aktienvergütungen zu erfüllen; der Verkauf wurde vom Emittenten im Namen der meldenden Person ausgeführt und war nicht diskretionär. Die Einreichung korrigiert außerdem eine frühere Form-4-Auslassung, indem 350.000 als Vergütung erhaltene Aktien vom 25.06.2025 hinzugefügt wurden. Nach dem gemeldeten Verkauf und der Korrektur gibt die Einreichung an, dass die meldende Person wirtschaftlich 1.117.665 Aktien besitzt.

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*
MOYER BRETT

(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
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) 130,754(1) D $0.4 1,117,665(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 350,000 shares of Common Stock of the issuer which were received by the reporting person on June 25, 2025, as compensation for his service as a member of the issuer's board of directors and 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 350,000 shares previously omitted from the prior filing.
Remarks:
Chief Financial Officer
/s/ Brett Moyer 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 did Brett Moyer disclose in the Form 4 for Datavault AI (DVLT)?

The Form 4 reports a sale of 130,754 shares on 08/28/2025 at $0.40 per share and corrects a prior omission by adding a 350,000-share grant received on 06/25/2025.

Why were shares sold according to the filing?

The filing states the shares were sold by the issuer on behalf of the reporting person to satisfy tax obligations related to vesting equity awards and were not discretionary transactions by the reporting person.

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

Following the reported transaction and the corrected disclosure, the reporting person is shown as beneficially owning 1,117,665 shares.

Was the omission of the 350,000-share grant addressed?

Yes. The Form 4 explains that a prior Form 4 filed on 06/27/2025 inadvertently omitted the 350,000-share grant and this filing includes that grant.

What positions does Brett Moyer hold at Datavault AI?

The filing lists the reporting person as a Director and an Officer with the remark indicating he is the Chief Financial Officer.
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