Wilk Jason 4
Research Summary
AI-generated summary
Dave (DAVE) CEO Jason Wilk Withholds 6,678 Shares for Taxes
What Happened
Jason Wilk, CEO of Dave Inc. (DAVE), had 6,678 shares of Class A common stock withheld by the company to satisfy tax withholding upon the vesting of restricted stock units. The shares are recorded at $210.67 each, for a notional value of approximately $1,406,854. This was a tax-withholding disposal (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
- Shares withheld/disposed: 6,678 at $210.67 each; total value ≈ $1,406,854.
- Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting. See footnote F1.
- Shares owned after transaction: not specified in the filing.
- Filing appears timely (reported within two business days).
Context
This was a routine tax-withholding action tied to RSU vesting (cashless settlement), not an active sale on the open market; such withholdings are common and do not necessarily indicate insider sentiment about the stock.