Tobias Robert 4/A
Research Summary
AI-generated summary
Datavault AI (DVLT) Director Tobias Robert Receives 250,000-Share Award
What Happened
- Tobias Robert, a director of Datavault AI, was granted 250,000 shares of common stock on 2026-04-20 as compensation under the company’s 2018 Long-Term Stock Incentive Plan. The shares were issued at $0.00 (an award, not a purchase), so no cash changed hands. This Form 4/A amends a prior filing to correct the vesting schedule.
Key Details
- Transaction date and type: 2026-04-20 — Award/Grant of 250,000 shares at $0.00 (code A).
- Vesting: The 250,000 shares vest in equal quarterly installments over one year, beginning on the first to occur of March 20, June 20, September 20 or December 20 after the grant date, then on those dates until fully vested, provided the reporting person remains in service on each vesting date (Footnote F1).
- Amendment: This is an amended Form 4; the original Form 4 incorrectly stated the shares vest quarterly over three years. No other changes were reported.
- Shares owned after transaction: Not specified in this filing.
- Timeliness: The grant date was 2026-04-20 and this amendment was filed 2026-06-26 — the filing was submitted well after the typical 2-business-day window for Form 4s.
Context
- These are restricted shares granted as director compensation (common corporate practice) rather than an open-market purchase or sale; such awards reflect compensation arrangements rather than a direct insider market signal.
- The corrected one-year quarterly vesting schedule means the awards will become fully owned sooner than the previously (and incorrectly) reported three-year schedule, subject to continued service.