Brett Moyer, chief financial officer of Datavault AI Inc (NASDAQ:DVLT), sold 159,968 shares of the company's common stock on March 24, 2026, according to a Form 4 filing submitted to the Securities and Exchange Commission. The transaction produced total proceeds of $100,299 based on a weighted average sale price of $0.627 per share.
The filing states that the sale was executed to cover tax liabilities associated with the vesting of equity awards and was not a discretionary transaction by Moyer. The prices for the shares sold during the transaction ranged from $0.6248 to $0.6324. After the sale, the filing reports that Moyer directly holds 3,578,630 shares of Datavault AI.
This insider sale coincides with recent weakness in the company's stock price. Datavault AI shares declined 23.57% over the past week and were trading at $0.61 at the time of the disclosure, well below the 52-week high of $4.10. Analysis provided by InvestingPro notes that DVLT typically exhibits high price volatility. InvestingPro also indicates that additional research is available, including 11 extra InvestingPro Tips and an in-depth Pro Research Report covering DVLT and more than 1,400 U.S. equities.
Separately, Datavault AI reported its first GAAP profitable quarter in Q4 2025, a milestone the company highlighted in recent communications. Despite reaching GAAP profitability for that quarter, the company has issued future guidance that still reflects negative earnings per share, a point that may weigh on investor sentiment.
Datavault AI also disclosed a strategic arrangement with American Strategic Minerals to tokenize antimony resources through a $78.2 million digital initiative. Under the agreement, Datavault AI can earn up to a 20% equity interest in American Strategic Minerals by satisfying performance milestones. The filing notes that American Strategic Minerals will receive up to $68.8 million, which is 88% of the total token value under the deal.
The combination of an insider sale to cover tax obligations, a recent one-week drop in market value, a milestone GAAP profit quarter, still-negative EPS guidance, and a partnership focused on tokenizing mineral resources presents a mixed picture of corporate developments for Datavault AI. The Form 4 disclosure provides a clear window into how an executive managed vesting-related tax obligations amid an active period for the stock and the company.