Beilman Kyle 4
Research Summary
AI-generated summary
Dave (DAVE) CFO Kyle Beilman Withholds 3,261 Shares for Taxes
What Happened
Kyle Beilman, CFO, COO and Secretary of Dave Inc. (DAVE), had 3,261 shares of Class A common stock withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units. The withholding was at $206.09 per share, totaling $672,059. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-03-18
- Transaction type / code: Tax withholding upon RSU vesting (Code F)
- Price per share: $206.09
- Shares withheld/disposed: 3,261 — total value ≈ $672,059
- Shares owned after transaction: Not reported in the Form 4 provided
- Footnote: F1 — shares withheld by the issuer to satisfy tax withholding on RSU vesting
- Filing date: 2026-03-20 (filed within the typical two-business-day window)
Context
This was a routine cashless settlement to cover tax obligations from RSU vesting rather than a market sale or purchase; such withholdings are common and generally do not by themselves signal insider sentiment.