POPE MICHAEL W 4
Research Summary
AI-generated summary
Dave (DAVE) Director Michael W. Pope Sells 544 Shares
What Happened
Michael W. Pope, a director of Dave Inc. (ticker: DAVE), sold 544 shares on 2026-02-02 in an open-market transaction at $162.00 per share, generating proceeds of $88,128. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-02-02; filing date: 2026-02-04 (Form 4, accession 0001193125-26-037605).
- Price and amount: 544 shares at $162.00 per share; total value ≈ $88,128.
- Shares owned after transaction: not specified in this filing.
- Footnote: the sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Pope on March 11, 2025.
- Timeliness: filing appears timely (reported within normal Form 4 reporting window).
Context
Sales executed under a 10b5-1 plan are preplanned transactions that can occur regardless of current company developments; they are generally considered routine liquidity management rather than an immediate signal of insider sentiment. For retail investors, purchases tend to be more informative about insider confidence than routine sales.