Mbugua Stanley 4
4 · Datavault AI Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Datavault AI (DVLT) Chief Accounting Officer Mbugua Stanley Sells 50,463 Shares
What Happened
Mbugua Stanley, Datavault AI’s Chief Accounting Officer and Vice President of Finance, disposed of 50,463 shares in an open-market sale on March 24, 2026. The Form 4 lists the transaction as a sale (S) and reports proceeds of approximately $3,164. Footnote F1 states the shares were sold by the issuer on the reporting person’s behalf to satisfy tax obligations tied to vesting of equity awards (i.e., a withholding-related sale, not a discretionary sale by the insider).
Key Details
- Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (appears timely).
- Reported proceeds on the Form 4: $3,164 for 50,463 shares.
- Footnote F2: the price shown is a weighted-average; the footnote lists a price range of $0.6248–$0.6324 per share and says the reporting person will provide a breakdown on request. (This range appears inconsistent with the $0.06 per-share figure in the main line.)
- Footnote F1: sale was executed by the issuer to satisfy tax obligations related to vesting—classified as tax-withholding / non-discretionary.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction code: S = Sale (with tax-withholding context per F1).
Context
This was a tax-withholding sale tied to vesting of equity awards, which is routine and does not necessarily reflect the insider’s view of the company. Purchases are generally more informative about insider sentiment; here the sale was performed by the issuer on the insider’s behalf to cover taxes. If you need the exact per-share breakdown, the filer’s F2 footnote commits to provide the number of shares sold at each price upon request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-24$0.06/sh−50,463$3,164→ 1,015,828 total
Footnotes (2)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.6248 to $0.6324. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.