Form 4: Datavault AI CEO Sells Shares for Tax Obligations

Datavault AI Inc.'s CEO, Nathaniel T. Bradley, sold common stock totaling 20,493 shares directly and 7,315 shares indirectly through his spouse to cover tax obligations related to equity award vesting.

Summary

• Nathaniel T. Bradley, Chief Executive Officer, Director, and 10% Owner of Datavault AI Inc. (DVLT), reported sales of common stock.
• On November 21, 2025, 20,493 shares of common stock were sold directly by Bradley at a weighted average price of $2.4396 per share.
• These direct sales were executed by the issuer on Bradley's behalf to satisfy tax obligations in connection with the vesting of equity awards and were not discretionary transactions.
• On the same date, 7,315 shares of common stock were sold indirectly by Bradley's spouse, Sonia Choi, at the same weighted average price of $2.4396 per share, also to satisfy tax obligations related to equity award vesting.
• Following these transactions, Bradley directly beneficially owns 4,715,477 shares of common stock.
• Bradley's spouse indirectly beneficially owns 3,168,503 shares of common stock after the transactions.
• Bradley also has the power to dispose of and vote 12,109,002 shares of common stock beneficially owned by EOS Technology Holdings Inc., but disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The transaction is a non-discretionary sale to cover tax obligations from equity vesting, which is a routine event for executives and generally neutral in sentiment. It does not indicate a change in management's view of the company's prospects.

Future Outlook

NA

Management Comments

• The sale was not a discretionary transaction by the reporting person.
• The reporting person and the spouse of the reporting person, Sonia Choi, undertake to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
• Mr. Bradley disclaims beneficial ownership of such securities [EOS Technology Holdings Inc. shares] except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 (the 'Exchange Act') or for any other purposes.

Industry Context

NA

Related Party Transactions

• Sale of 7,315 shares by spouse, Sonia Choi, to satisfy tax obligations related to equity award vesting.
• Nathaniel T. Bradley, as an officer and board member of EOS Technology Holdings Inc., has voting and dispositive power over 12,109,002 shares of Datavault AI Common Stock beneficially owned by EOS, though he disclaims beneficial ownership except for his pecuniary interest.

Stakeholder Impact

• Shareholders: The sale of shares by a key executive, even for tax purposes, slightly increases the float and could be perceived as a minor dilution, though the non-discretionary nature mitigates negative sentiment.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Recommendation

The reported transactions are non-discretionary sales by the CEO and his spouse to cover tax obligations associated with equity award vesting. Such sales are routine for executives and do not typically signal a change in the company's fundamental outlook or management's confidence. Therefore, the filing itself does not provide a basis for altering an existing investment thesis, leading to a 'hold' recommendation.

Keywords

Datavault AI, DVLT, Nathaniel T. Bradley, Insider Trading, Form 4, Stock Sale, Equity Awards, Tax Obligations, CEO, Director, 10% Owner