Howitt David Marc 4

What Happened
Director David Marc Howitt received a grant of 250,000 shares of Datavault AI Inc. common stock on April 20, 2026 as compensation for his board service. The shares were awarded at $0.00 (no cash paid) under the company’s 2018 Long-Term Stock Incentive Plan.

Key Details

• Transaction date: 2026-04-20; Form 4 filed 2026-04-22 (timely filing).
• Transaction type/code: Award/Grant (A). Price: $0.00. Total shares granted: 250,000.
• Vesting: The 250,000 "LTIP Shares" vest in equal quarterly installments (March 20, June 20, September 20, December 20) beginning September 20, 2026 and ending September 20, 2029 (12 installments total), contingent on continued service.
• Purpose: Received as board compensation under the issuer’s 2018 Long-Term Stock Incentive Plan.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
This was an equity award (compensation), not an open-market purchase or sale. Awards like this are retention/compensation tools and do not necessarily signal immediate buying or selling intent—value is realized only as shares vest (and possibly when sold later).