Mitchell Andrea 4
4 · Dave Inc./DE · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Dave Inc. (DAVE) Director Mitchell Andrea Sells 30,000 Shares
What Happened
Mitchell Andrea, a director of Dave Inc. (DAVE), sold a total of 30,000 common shares in a series of open-market/private-sale transactions on March 5–6, 2026. The lots ranged in price from about $204.86 to $223.22 per share, producing aggregate proceeds of approximately $6,390,900 (weighted average ≈ $213.03 per share). The filing states these sales were executed pursuant to a Rule 10b5‑1 trading plan adopted November 30, 2025.
Key Details
- Transaction type: All sales (Code S) — open market or private sale.
- Dates: March 5–6, 2026 (Form 4 filed March 6, 2026).
- Total sold: 30,000 shares for ≈ $6,390,900 (avg ≈ $213.03/share).
- Price details: Individual lots reported with weighted-average prices; footnotes (F2–F27) give per-lot price ranges and F1 confirms 10b5‑1 plan.
- Shares owned after transaction: Not specified in the provided filing data.
- Timeliness: Filing was submitted March 6, 2026 (appears timely; no late-filing flag).
Context
Sales executed under a Rule 10b5‑1 plan are generally pre-scheduled and routine (they reduce the inference that the insider traded on nonpublic information). For retail investors, purchases are often a clearer bullish signal than routine sales; these transactions represent liquidity by a director rather than an explicit commentary on company prospects.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-05$209.20/sh−350$73,220→ 36,159 total - Sale
Class A Common Stock
[F1][F3]2026-03-05$210.41/sh−1,848$388,838→ 34,311 total - Sale
Class A Common Stock
[F1][F4]2026-03-05$211.48/sh−1,685$356,344→ 32,626 total - Sale
Class A Common Stock
[F1][F5]2026-03-05$212.53/sh−300$63,759→ 32,326 total - Sale
Class A Common Stock
[F1][F6]2026-03-05$213.81/sh−1,235$264,055→ 31,091 total - Sale
Class A Common Stock
[F1][F7]2026-03-05$214.88/sh−4,029$865,752→ 27,062 total - Sale
Class A Common Stock
[F1][F8]2026-03-05$215.62/sh−700$150,934→ 26,362 total - Sale
Class A Common Stock
[F1][F9]2026-03-05$217.16/sh−600$130,296→ 25,762 total - Sale
Class A Common Stock
[F1][F10]2026-03-05$218.08/sh−1,883$410,645→ 23,879 total - Sale
Class A Common Stock
[F1][F11]2026-03-05$219.28/sh−800$175,424→ 23,079 total - Sale
Class A Common Stock
[F1][F12]2026-03-05$220.08/sh−500$110,040→ 22,579 total - Sale
Class A Common Stock
[F1][F13]2026-03-05$221.42/sh−570$126,209→ 22,009 total - Sale
Class A Common Stock
[F1][F14]2026-03-05$222.20/sh−300$66,660→ 21,709 total - Sale
Class A Common Stock
[F1][F15]2026-03-05$223.22/sh−200$44,644→ 21,509 total - Sale
Class A Common Stock
[F1][F16]2026-03-06$204.86/sh−200$40,972→ 21,309 total - Sale
Class A Common Stock
[F1][F17]2026-03-06$206.26/sh−803$165,627→ 20,506 total - Sale
Class A Common Stock
[F1][F18]2026-03-06$207.51/sh−1,412$293,004→ 19,094 total - Sale
Class A Common Stock
[F1][F19]2026-03-06$208.28/sh−1,782$371,155→ 17,312 total - Sale
Class A Common Stock
[F1][F20]2026-03-06$209.34/sh−2,158$451,756→ 15,154 total - Sale
Class A Common Stock
[F1][F21]2026-03-06$210.32/sh−1,645$345,976→ 13,509 total - Sale
Class A Common Stock
[F1][F22]2026-03-06$211.38/sh−1,871$395,492→ 11,638 total - Sale
Class A Common Stock
[F1][F23]2026-03-06$212.65/sh−496$105,474→ 11,142 total - Sale
Class A Common Stock
[F1][F24]2026-03-06$213.58/sh−2,004$428,014→ 9,138 total - Sale
Class A Common Stock
[F1][F25]2026-03-06$214.60/sh−1,007$216,102→ 8,131 total - Sale
Class A Common Stock
[F1][F26]2026-03-06$215.58/sh−900$194,022→ 7,231 total - Sale
Class A Common Stock
[F1][F27]2026-03-06$216.74/sh−722$156,486→ 6,509 total
Footnotes (27)
- [F1]The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2025.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.69 to $218.63, inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.00 to $219.56, inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.04 to $220.22, inclusive.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.10 to $222.04, inclusive.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.19 to $222.22, inclusive.
- [F15]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.21 to $223.22, inclusive.
- [F16]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.34 to $205.33, inclusive.
- [F17]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.88 to $206.81, inclusive.
- [F18]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.88 to $207.87, inclusive.
- [F19]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.88 to $208.73, inclusive.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.00 to $209.75, 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 ranges set forth in this Form 4.
- [F20]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.88 to $209.77, inclusive.
- [F21]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.95 to $210.85, inclusive.
- [F22]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.95 to $211.79, inclusive.
- [F23]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.97 to $212.91, inclusive.
- [F24]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.07 to $214.03, inclusive.
- [F25]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.16 to $214.97, inclusive.
- [F26]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.38 to $215.88, inclusive.
- [F27]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.39 to $216.96, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.03 to $211.00, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.05 to $212.03, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.19 to $213.12, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.30 to $214.17, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.39 to $215.37, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.39 to $215.95, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.59 to $217.51, inclusive.