Peruvemba Sriram Krishnamurthy 4

What Happened
Peruvemba Sriram Krishnamurthy, a director of Datavault AI, received a grant of 250,000 shares of the company's common stock on April 20, 2026. The shares were issued as compensation under the issuer's 2018 Long-Term Stock Incentive Plan at an acquisition price of $0.00 (award/grant), so no cash was exchanged.

Key Details

• Transaction date: 2026-04-20; transaction code: A (award/grant).
• Shares granted: 250,000 common shares; price: $0.00; reported value = $0.
• Vesting: LTIP shares vest in equal installments beginning September 20, 2026 and ending September 20, 2029, on each March 20, June 20, September 20 and December 20, contingent on continued service.
• Shares owned after transaction: not specified in this Form 4 filing.
• Filing: Reported on Form 4 filed April 22, 2026 (two days after the grant)—appears to be filed within the normal Form 4 reporting window.
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.

Context
This is a routine director compensation award, not an open-market purchase or sale. Because the shares vest over time based on continued service, the economic benefit to the director depends on future vesting and the market price when (and if) shares vest or are sold. Grants like this can dilute existing shareholders over time as they vest, but they are commonly used to align directors’ incentives with company performance.