Khajehnouri Nima 4
Research Summary
AI-generated summary
Dave (DAVE) Director Nima Khajehnouri Receives 637-Share RSU Award
What Happened
Nima Khajehnouri, a director of Dave, Inc. (DAVE), was granted 637 restricted stock units (RSUs) on 2026-06-02. The filing reports an acquisition price of $0.00 (i.e., no cash was paid). Because this is an equity award rather than an open-market purchase or sale, it represents compensation for board service rather than a market trade.
Key Details
- Transaction date: June 2, 2026; Filing date: June 4, 2026 (appears timely — within typical 2-business-day Form 4 window).
- Shares/units granted: 637 RSUs; reported acquisition price: $0.00; reported aggregate value: $0.
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs granted under the Issuer’s Amended and Restated 2021 Equity Incentive Plan. Vesting is in full on the earlier of (i) June 2, 2027, or (ii) the date of the next annual shareholder meeting, subject to continued board service.
- Transaction type: Award/Grant (code A).
Context
RSUs are a form of equity compensation that convert to shares if/when they vest; they do not represent an immediate cash purchase or sale. Director awards like this are routine compensation for service and do not, by themselves, indicate the director’s market view.