Form 4: WiSA Technologies Director, David Howitt, Reports Acquisition and Disposal of Common Stock

Director David Howitt reports acquiring 7,541 shares of WiSA Technologies common stock as compensation and disposing of 12,234 shares.

Summary

• On July 30, 2024, David Howitt, a director of WiSA Technologies, Inc., acquired 7,541 shares of common stock as compensation for his service on the board.
• These shares were granted under the company's 2018 Long-Term Stock Incentive Plan.
• The shares will vest in equal installments from December 20, 2024, to December 20, 2027, contingent upon Howitt's continued service.
• Howitt also disposed of 12,234 shares of common stock on the same day.
• Following these transactions, Howitt beneficially owns 12,234 shares of WiSA Technologies common stock.

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.

Positives

• The grant of shares to a director aligns their interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The stock transactions by a director may be of interest to shareholders.

Key Dates