secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001104659-24-094937
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA CAO Gary Williams resigns effective Nov 30, 2024; receives $151,925 bonus and accelerated RSU vesting
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- Gary Williams, VP Finance and CAO (principal financial and accounting officer), resigns effective Nov 30, 2024; no disagreement with the company.
- If he stays and fulfills duties through Nov 30, he receives a one-time bonus of $151,925 (gross).
- All unvested restricted stock awards accelerate and fully vest on Nov 30, 2024.
- During transition he must provide training, information transfer, and assistance as requested.
- Separation agreement includes a 6-month COBRA subsidy contingent on executing a supplemental release in early December.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924094937/0001104659-24-094937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924094937/tm2422810d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-094937

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer