POPE MICHAEL W 4
Research Summary
AI-generated summary
Dave (DAVE) Director Michael W. Pope Receives RSU Award — 637 Shares
What Happened
- Michael W. Pope, a member of Dave Inc.'s Board of Directors, was granted 637 restricted stock units (RSUs) on June 2, 2026. The RSUs were reported at $0.00 per share (no cash paid) — this is a grant/compensation award, not a purchase or sale.
Key Details
- Transaction type: Award/Grant (code A)
- Transaction date: 2026-06-02; Form 4 filed 2026-06-04 (timely filing)
- Shares granted: 637 RSUs; reported acquisition price $0.00 (typical for RSU grants)
- Shares owned after transaction: Not specified in the excerpt provided
- Footnote: The RSUs vest in full on the earlier of (i) June 2, 2027 or (ii) the date of the issuer’s next annual shareholder meeting, subject to continued board service (per footnote F1)
- No tax withholding, sale, or 10b5-1 plan noted in this filing
Context
- RSUs are a form of compensation that convert to actual shares only after vesting; they carry no immediate cash cost to the grantee and are commonly used for director annual awards. Such grants are routine and do not necessarily imply a buy or sell signal by the insider.