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WiSA Tech Executive Granted $898K Stock Package in Retention Move

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brett Moyer, Chief Financial Officer and Director of WiSA Technologies, reported receiving 175,124 shares of common stock on June 25, 2025, as compensation under the company's 2018 Long-Term Stock Incentive Plan.

Key details of the transaction:

  • The shares were granted at $0 cost as part of executive compensation
  • Following the transaction, Moyer directly owns 898,419 shares
  • The LTIP shares will vest in equal installments from September 20, 2025, to June 20, 2028
  • Vesting occurs quarterly on fixed dates (September 20, December 20, March 20, and June 20)
  • Vesting is contingent on Moyer's continued service with the company

This Form 4 filing indicates significant insider equity compensation, aligning the executive's interests with long-term shareholder value through a structured vesting schedule.

Positive

  • None.

Negative

  • None.
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)
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 175,124(1) A $0 898,419 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. 175,124 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 and as an officer 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.
Remarks:
Chief Financial Officer
/s/ Brett Moyer 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 shares did WISA's CFO Brett Moyer receive in the June 25, 2025 transaction?

Brett Moyer received 175,124 shares of common stock as compensation for his service as a board member and officer under WISA's 2018 Long-Term Stock Incentive Plan.

What is the vesting schedule for Brett Moyer's newly granted WISA shares?

The LTIP Shares will vest in equal installments from September 20, 2025 to June 20, 2028, with vesting dates occurring quarterly on September 20th, December 20th, March 20th, and June 20th, contingent on Moyer remaining in service with the company.

How many WISA shares does Brett Moyer own after the June 2025 transaction?

Following the reported transaction, Brett Moyer beneficially owns 898,419 shares of WISA common stock held directly (Form D).

What was the purchase price of the WISA shares granted to Brett Moyer?

The LTIP Shares were granted to Brett Moyer at $0 as part of his compensation package for serving as both a board member and officer of WISA Technologies.

What positions does Brett Moyer hold at WISA Technologies as of June 2025?

According to the Form 4 filing, Brett Moyer serves as both a Director and Chief Financial Officer of WISA Technologies.
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Semiconductor and Related Device Manufacturing
Semiconductors & Related Devices
US
BEAVERTON