Datavault AI Inc.·4/A

Jun 26, 4:20 PM ET

Gilbert Jeffrey M 4/A

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

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Datavault AI (DVLT) Director Jeffrey M. Gilbert Receives 250,000-Share Award

What Happened
Jeffrey M. Gilbert, a director of Datavault AI Inc. (DVLT), was granted 250,000 shares of common stock as compensation for board service on April 20, 2026. The grant was reported as an award (Form 4 code A) at an acquisition price of $0.00 (i.e., restricted shares issued as compensation). The filing amends a prior Form 4 to correct the vesting schedule wording.

Key Details

  • Transaction date: 2026-04-20 (reported on amended Form 4 filed 2026-06-26).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 250,000 restricted shares; reported acquisition price $0.00 (total $0 reported).
  • 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 then on each of those dates until fully vested, conditional on continued service.
  • Amendment reason: Corrects a scrivener's error in the prior Form 4 that incorrectly stated a three-year quarterly vesting; the correct schedule is one year. No other changes were made.
  • Shares owned after transaction: Not specified in the amended filing.

Context
This transaction is a restricted stock award for board service (compensation), not an open-market purchase or sale. Such grants are routine director compensation and do not by themselves indicate insider buying or selling sentiment. The amendment clarifies vesting timing for investors tracking when shares may become freely tradable by the director.

Insider Transaction Report

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

    Common Stock

    [F1]
    2026-04-20+250,000581,566 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/ Dr. Jeffery M. Gilbert|2026-06-26

Documents

1 file
  • 4
    tm2619016-5_4aseq1.xml

    OWNERSHIP DOCUMENT