DAVE (NASDAQ: DAVE) Form 144 shows vested shares and Andrea Sandler sales

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice related to proposed sales of Common Stock tied to restricted stock vesting under a registered plan. The filing lists 904 shares vesting on 06/02/2025 and 1,105 shares vesting on 06/02/2026. The notice also records recent sales by Andrea Sandler: 4,500 shares on 06/03/2026, and two 15,000-share sales on 03/06/2026 and 03/05/2026 with proceeds shown.

Insights

Securities Counsel

Form 144 documents affiliate resale activity and upcoming vested share availability.

The filing lists vested restricted shares of Common Stock (904 and 1,105 shares) tied to a registered plan and records prior dispositions by Andrea Sandler on 03/05/2026, 03/06/2026, and 06/03/2026. This is a routine resale notice under resale rules.

Cash treatment and any broker or distribution method are not stated in the excerpt; subsequent filings or transaction confirmations would show final sale mechanics.

Key Figures

Vesting shares (06/02/2025): 904 shares Vesting shares (06/02/2026): 1,105 shares Sale by Andrea Sandler (06/03/2026): 4,500 shares +2 more

5 metrics

Vesting shares (06/02/2025) 904 shares Restricted Stock Vesting Under a Registered Plan on <date>06/02/2025</date>

Vesting shares (06/02/2026) 1,105 shares Restricted Stock Vesting Under a Registered Plan on <date>06/02/2026</date>

Sale by Andrea Sandler (06/03/2026) 4,500 shares Disposition on <date>06/03/2026</date> with proceeds <money>$1,126,955.25</money>

Sale by Andrea Sandler (03/06/2026) 15,000 shares Disposition on <date>03/06/2026</date> with proceeds <money>$3,164,075.00</money>

Sale by Andrea Sandler (03/05/2026) 15,000 shares Disposition on <date>03/05/2026</date> with proceeds <money>$3,226,787.17</money>

Key Terms

Form 144, Restricted Stock Vesting Under a Registered Plan, Issuer

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting Under a Registered Plan financial

"Common | 06/02/2025 | Restricted Stock Vesting Under a Registered Plan"

Issuer regulatory

"Restricted Stock Vesting Under a Registered Plan | Issuer"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2009	508270.97	12714247	06/04/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/02/2025	Restricted Stock Vesting Under a Registered Plan	Issuer			904	06/02/2025	Services Rendered
Common	06/02/2026	Restricted Stock Vesting Under a Registered Plan	Issuer			1105	06/02/2026	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ANDREA SANDLER 1265 South Cochran Avenue Los Angeles CA 90019	Common	06/03/2026	4500	1126955.25
ANDREA SANDLER 1265 South Cochran Avenue Los Angeles CA 90019	Common	03/06/2026	15000	3164075.00
ANDREA SANDLER 1265 South Cochran Avenue Los Angeles CA 90019	Common	03/05/2026	15000	3226787.17

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the DAVE Form 144 notice disclose?

The notice discloses proposed sales of Common Stock tied to restricted stock vesting. It lists 904 shares vesting on 06/02/2025 and 1,105 shares vesting on 06/02/2026, plus recent sales by Andrea Sandler with proceeds shown.

Who is the filer on the Form 144 for DAVE?

The filer is Morgan Stanley Smith Barney LLC Executive Financial Services acting in a dealer/affiliate capacity. The excerpt shows the firm and identifies the securities as Common Stock under a registered plan.

What recent sales are reported in the DAVE excerpt?

The excerpt reports Andrea Sandler sold 4,500 shares on 06/03/2026 for $1,126,955.25, and two 15,000-share dispositions on 03/06/2026 and 03/05/2026 with proceeds listed as $3,164,075.00 and $3,226,787.17 respectively.

Are the vesting shares being registered or already sold in the DAVE filing?

The filing lists restricted stock vesting events of 904 and 1,105 shares under a registered plan with vesting dates of 06/02/2025 and 06/02/2026. It separately records past sales by an individual; the vesting and past sales are listed distinctly.

Does the Form 144 specify how proceeds will be used?

The provided excerpt does not state any use of proceeds. It lists sale quantities, vesting events, and proceeds for specific past sales; no allocation or issuer receipt language appears in the excerpt.