Mbugua Stanley 4

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.