Datavault AI Inc.·4/A

Jun 26, 4:16 PM ET

Peruvemba Sriram Krishnamurthy 4/A

4/A · Datavault AI Inc. · Filed Jun 26, 2026

Research Summary

AI-generated summary of this filing

Updated

Datavault AI (DVLT) Director Peruvemba Krishnamurthy Receives Award

What Happened

  • Peruvemba S. Krishnamurthy, a director of Datavault AI, was granted 250,000 restricted common shares on 2026-04-20 as compensation under the issuer's 2018 Long‑Term Stock Incentive Plan. The shares were issued at $0.00 (no cash paid). This Form 4/A amends an earlier filing to correct the vesting schedule.

Key Details

  • Transaction date: 2026-04-20; reported via amended Form 4 filed 2026-06-26.
  • Transaction type/code: Award/Grant (A); 250,000 shares granted at $0.00.
  • Vesting: The 250,000 "LTIP 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, and thereafter on each March 20, June 20, September 20 and December 20 until fully vested, contingent on continued service (see Footnote 1).
  • Amendment reason: The amendment corrects a scrivener’s error in the prior Form 4 that incorrectly stated a three‑year quarterly vesting schedule; the correct vesting is over one year. No other changes were made.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Taxes/withholding: No tax withholding or share withholding reported.
  • Timeliness: This report is an amended filing; the original report date (grant 4/20) and the amendment filing date (6/26) indicate the Form 4 was corrected after the initial filing.

Context

  • This was a compensation grant (not an open‑market buy or sale). Such restricted share awards are common for director compensation and are intended as retention/incentive tools; they do not necessarily indicate the insider is buying or selling based on a view of the stock.

Insider Transaction Report

Form 4/AAmended
Period: 2026-04-20
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-20+250,000581,565 total
Footnotes (1)
  • [F1]250,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal quarterly installments over one year, beginning on the first to occur of March 20th, June 20th, September 20th or December 20th after the Grant Date and thereafter on each March 20th, June 20th, September 20th and December 20th until fully vested, so long as the reporting person remains in the service of the issuer on each such date.
Signature
/s/ Sriram Krishnamurthy Peruvemba|2026-06-26

Documents

1 file
  • 4
    tm2619016-2_4aseq1.xml

    OWNERSHIP DOCUMENT