Dave (DAVE) CFO Kyle Beilman Withholds 3,748 Shares for Taxes

What Happened
Kyle Beilman, CFO/COO and Secretary of Dave Inc. (DAVE), had 3,748 shares of Class A common stock withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units. The shares were valued at $372.85 each, representing a total notional amount of $1,397,442. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-09-02
• Filing date (Form 4): 2026-09-04 (Accession: 0001193125-26-383910) — filing appears timely.
• Shares withheld/disposed: 3,748
• Price per share used: $372.85
• Total notional value: $1,397,442
• Shares owned after transaction: Not specified in the provided filing
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding upon RSU vesting (code F = tax withholding)

Context
This was a routine cashless withholding to cover taxes on vested RSUs, not a market sale. Such withholding transactions are administrative and generally do not indicate the insider is reducing their overall stake via open-market sales. Purchases by insiders tend to carry more explicit signaling value than routine withholding events.