Form 4: Datavault AI Officer Stanley Mbugua Receives 125,000 Shares as Compensation
SEC Form 4
Stanley Mbugua, Chief Accounting Officer and VP of Finance at Datavault AI Inc., received 125,000 shares of common stock as compensation under the company's Long-Term Stock Incentive Plan.
Summary
- Stanley Mbugua, Chief Accounting Officer and VP of Finance at Datavault AI Inc., received 125,000 shares of common stock as compensation.
- The shares were granted under the company's 2018 Long-Term Stock Incentive Plan.
- The shares will vest in equal installments from June 20, 2025, to March 20, 2028, contingent upon Mbugua's continued service with the company.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. It reflects a standard compensation practice, indicating confidence in the company's future and incentivizing key personnel.
Positives
- The grant of shares aligns Mbugua's interests with the long-term success of Datavault AI Inc.
- The vesting schedule incentivizes continued service and contribution to the company.
Risks
- The value of the shares is subject to market fluctuations and the performance of Datavault AI Inc.
- If Mbugua leaves the company before the shares fully vest, he will forfeit the unvested portion.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the granted shares.
Industry Context
Stock-based compensation is a common practice in the technology industry to attract and retain talent, aligning employee interests with shareholder value.
Comparison to Industry Standards
- Stock grants are a typical component of executive compensation packages in the tech industry, similar to companies like Palantir, Snowflake, and C3.ai.
- The vesting schedule of the shares is fairly standard, with vesting occurring over a multi-year period to incentivize long-term commitment, which is comparable to vesting schedules at similar tech companies.
Stakeholder Impact
- Shareholders may view the stock grant as a positive sign of aligning management interests with long-term company performance.
- Employees may see the grant as a positive indicator of the company's commitment to its employees.
Key Dates
| Date | Description |
|---|---|
| 2018 | Year of the issuer's 2018 Long-Term Stock Incentive Plan |
| 02/26/2025 | Date of the transaction where Stanley Mbugua acquired 125,000 shares of common stock. |
| 02/28/2025 | Date of signature for the SEC Form 4 filing. |
| June 20, 2025 | Start date of the vesting period for the LTIP Shares. |
| March 20, 2028 | End date of the vesting period for the LTIP Shares. |
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