Form 4: Datavault AI Director Wendy Wilson Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Wendy Wilson reports acquiring 74,334 shares of Datavault AI common stock as compensation and disposing of 93,994 shares.
Summary
- Wendy Wilson, a director of Datavault AI Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 26, 2025, Wilson acquired 74,334 shares of common stock as compensation for her service as a board member.
- These shares were granted under the company's 2018 Long-Term Stock Incentive Plan and are scheduled to vest in equal installments from June 20, 2025, to March 20, 2028, contingent on her continued service.
- Wilson also disposed of 93,994 shares of common stock on the same date.
- Following these transactions, Wilson beneficially owns 93,994 shares of Datavault AI Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The reporting person's future stock ownership is tied to continued service on the board of directors, as the LTIP shares vest over time contingent on this service.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the financial interests of company insiders.
Stakeholder Impact
- Shareholders may be interested in the stock transactions of company directors as an indicator of management's confidence in the company.
- The vesting schedule of the LTIP shares incentivizes the director to remain in service to the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock acquisition and disposal. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
| 06/20/2025 | Start date for vesting of LTIP shares. |
| 03/20/2028 | End date for vesting of LTIP shares. |
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