Datavault AI Inc.·4

Apr 22, 9:47 PM ET

Mbugua Stanley 4

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Datavault AI (DVLT) C.A.O. Mbugua Stanley Receives 1.1M Shares

What Happened

  • Mbugua Stanley, Chief Accounting Officer and VP of Finance of Datavault AI (DVLT), was granted 1,100,000 shares of common stock as compensation on April 20, 2026. The shares were issued at $0.00 (a grant/award), so no cash was paid and the reported acquisition value is $0.

Key Details

  • Transaction date and price: 2026-04-20, 1,100,000 shares @ $0.00 (Form 4 filed 2026-04-22).
  • Vesting: The 1,100,000 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, provided the reporting person remains in service on each vesting date (per footnote).
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Filing timeliness: Filed within two business days of the transaction date (appears timely).

Context

  • This was a compensation grant under the issuer’s 2018 Long-Term Stock Incentive Plan (LTIP), not an open-market purchase or sale. Such awards are standard executive compensation and will only convert into fully vested, tradable shares according to the schedule above.