Datavault AI (DVLT) CEO Bradley Nathaniel T Receives 1.33M Shares
$DVLT · Datavault AI Inc.Research Summary
AI-generated summary of this SEC filing
Datavault AI (DVLT) CEO Bradley Nathaniel T Receives 1.33M Shares
What Happened
Bradley Nathaniel T, CEO of Datavault AI (DVLT), is reported to have acquired 1,327,869 shares on August 3, 2026. The shares were reported at $0 per share (transaction code J — "other acquisition or disposition") and appear to result from an earnout-related issuance to EOS Technology Holdings Inc., with which Mr. Bradley is affiliated. Because the shares were issued in lieu of a cash earnout payment, there was no cash exchanged in this reported transaction.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (appears timely — two days after the transaction).
- Shares acquired: 1,327,869; reported price: $0.00; reported transaction value: $0.
- Transaction code: J (other acquisition/disposition) — issuance in lieu of cash earnout to EOS per a July 29, 2026 Letter Agreement.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes of note:
- F1: Mr. Bradley may be deemed to share voting and investment power over these shares because they are beneficially owned by EOS, where he is an officer and board member. If EOS distributes shares to its shareholders, the number indirectly attributed to Mr. Bradley would decrease accordingly.
- F2: Mr. Bradley disclaims beneficial ownership except to the extent of his pecuniary interest.
Context
This was not an open-market purchase or sale but an earnout-share issuance to EOS (an entity with which Mr. Bradley is affiliated). Such transfers are routine for satisfying contractual earnout obligations and do not necessarily reflect a personal decision to buy or sell stock on the market. The filing’s timing (filed two days after the reported date) appears consistent with Section 16 filing requirements.