Mbugua Stanley 4
4 · Datavault AI Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Datavault AI (DVLT) Chief Accounting Officer Mbugua Stanley Sells 62,982 Shares
What Happened
Mbugua Stanley, Datavault AI’s Chief Accounting Officer and VP of Finance, reported a sale of 62,982 shares on 2026-06-10. The Form 4 shows a weighted average price reported as $0.41 per share, for total proceeds of approximately $25,615. The filing classifies the transaction as a sale (Code S), which is commonly a routine disposition rather than a bullish signal.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely filing).
- Price: weighted average reported as $0.41; footnote states prices ranged from $0.4067 to $0.4070 across multiple trades.
- Shares sold: 62,982; proceeds ≈ $25,615.
- Shares owned after the transaction: not specified in the provided excerpt — see the full Form 4 for post-transaction holdings.
- Footnote: reporting person can provide a breakdown of number of shares sold at each price within the stated range upon request.
- Transaction type: reported as open-market or private sale (Code S).
Context
Insider sales are common and can reflect many non-informational reasons (tax planning, diversification, personal expenses). Purchases generally carry more weight as a signal of confidence. This filing is a routine sale by a company officer and was filed within the standard reporting window.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-10$0.41/sh−62,982$25,615→ 2,052,846 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.4067 to $0.4070. 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.