MOYER BRETT 4
4 · Datavault AI Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Datavault AI (DVLT) CFO Brett Moyer Sells 159,968 Shares
What Happened
Brett Moyer, Chief Financial Officer of Datavault AI, disposed of 159,968 shares of the company's common stock on March 24, 2026. The shares were sold at a weighted-average price of $0.63 per share (range $0.6248–$0.6324), generating roughly $100,300 in proceeds. This sale was executed to satisfy tax withholding obligations related to the vesting of equity awards and was not a discretionary open-market sale by the reporting person.
Key Details
- Transaction date: 2026-03-24 (reported on Form 4 filed 2026-03-26). Filing appears timely.
- Transaction type/code: Sale (S); shares sold to the market by the issuer on behalf of the insider to cover taxes (tax withholding).
- Shares sold: 159,968 common shares.
- Price: Weighted average $0.63; executed across multiple trades at $0.6248–$0.6324.
- Proceeds: Approximately $100,300.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: F1—sale to satisfy tax obligations and not discretionary; F2—price is a weighted average across multiple trades, and breakdown by price is available on request.
Context
Sales to cover tax withholding for vested awards are routine administrative transactions and do not necessarily signal the insider's view on the company's prospects. The filing does not indicate a 10b5-1 plan or other trading arrangement; the sale is described as issuer-conducted to meet tax obligations.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-24$0.63/sh−159,968$100,300→ 3,578,630 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.