Form 4: Datavault AI Director Robert Tobias Receives Significant Stock Grant as Compensation

Datavault AI Inc. Director Robert Tobias was granted 26,372 shares of common stock as compensation, increasing his beneficial ownership to 120,362 shares.

Summary

• Robert Tobias, a Director and 10% Owner of Datavault AI Inc. (DVLT), received 26,372 shares of common stock.
• These shares were granted as compensation for his service on the board of directors.
• The grant was made under the issuer's 2018 Long-Term Stock Incentive Plan.
• The shares were acquired at a price of $0.
• Following this transaction, Mr. Tobias beneficially owns 120,362 shares of Datavault AI Inc. common stock.
• The granted shares (LTIP Shares) are scheduled to vest in equal installments quarterly from September 20, 2025, to June 20, 2028, contingent on his continued service to the issuer.

Sentiment

Score: 7

Explanation: The grant of shares as compensation to a director is generally viewed positively as it aligns the director's interests with those of shareholders and indicates continued commitment to the company.

Positives

• Director Robert Tobias received 26,372 shares of common stock as compensation, indicating continued commitment to his role.
• The grant increases Mr. Tobias's beneficial ownership to 120,362 shares, further aligning his interests with those of shareholders.

Risks

• The vesting of the 26,372 LTIP Shares is contingent upon Robert Tobias remaining in the service of Datavault AI Inc. on each vesting date.

Future Outlook

The 26,372 LTIP Shares are scheduled to vest in equal installments quarterly from September 20, 2025, to June 20, 2028, provided the reporting person remains in service.

Industry Context

This Form 4 filing represents a routine insider transaction, specifically the grant of equity compensation to a director, which is a common practice across various industries to align management and director interests with those of shareholders.

Related Party Transactions

• The grant of 26,372 shares of common stock to Director Robert Tobias as compensation for his service, under the issuer's 2018 Long-Term Stock Incentive Plan.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.

Next Steps

• Vesting of 26,372 LTIP Shares in equal installments quarterly from September 20, 2025, to June 20, 2028, contingent on continued service.

Key Dates

Keywords

Datavault AI, DVLT, SEC Form 4, insider transaction, stock grant, compensation, director, beneficial ownership, LTIP, stock incentive plan