Beilman Kyle 4

4 · Dave Inc./DE · Filed Jun 4, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

Dave (DAVE) CFO Kyle Beilman Sells 4,122 Shares

What Happened

Kyle Beilman, CFO, COO and Secretary of Dave Inc. (DAVE), sold a total of 4,122 shares on June 2, 2026 in open-market/private sale transactions, generating about $1,133,659.
- 49 shares at a weighted-average price of $277.23 — proceeds ~$13,584 (sales ranged $276.76–$277.63).
- 4,073 shares at a weighted-average price of $275.00 — proceeds ~$1,120,075 (sales ranged $274.27–$275.01).
This was a sale (routine cashing of equity), not a purchase; per the filing the sales were to satisfy tax withholding obligations related to the settlement of vested restricted stock units (RSUs).

Key Details

Transaction date: 2026-06-02; Form 4 filed 2026-06-04 (timely filed within the usual two-business-day window).
Prices: weighted averages reported; see ranges above for per-trade prices. Reporting person offered to provide per-price breakdown on request (per filing).
Reason: tax withholding on vested RSUs (footnote indicates shares sold to satisfy tax obligations).
Shares owned after transaction: not specified in the provided filing excerpt.
Transaction code: S = Sale; relevant footnotes F1 (tax withholding), F2/F3 (weighted-average price and price ranges).

Context

Sales to cover tax withholding on vested RSUs are common and typically considered routine administrative transactions rather than a directional insider signal. They do not necessarily indicate the insider’s view on company prospects.
For retail investors, purchases by insiders are generally more informative about personal conviction; reported sales tied to tax withholding should be interpreted accordingly.

Form 4

Period: 2026-06-02

CFO and COO and Secretary

Transactions

Sale
Class A Common Stock
[F1][F2]
2026-06-02$277.23/sh−49$13,584→ 200,228 total
Sale
Class A Common Stock
[F1][F3]
2026-06-02$275.00/sh−4,073$1,120,075→ 196,155 total

Footnotes (3)

[F1]Shares of the Issuer's Class A Common Stock were sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's Class A Common Stock in connection with the settlement of the vested portion of restricted stock units.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.76 to $277.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.27 to $275.01, inclusive.

Signature

/s/ Joan Aristei as Attorney-in-Fact for Kyle Beilman|2026-06-04

1 file