Dave CFO has shares withheld for tax on RSU vesting
Dave Inc. CFO and COO Kyle Beilman reported a routine tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Dave Inc. CFO and COO Kyle Beilman reported a routine tax-related share disposition. On the transaction date, 3,261 shares of Class A Common Stock were withheld by the company at a price of $206.09 per share to satisfy tax obligations when restricted stock units vested.
These shares were not sold on the open market but used to cover withholding taxes, a common administrative step in equity compensation. After this withholding, Beilman directly holds 200,277 shares of Dave Inc. Class A Common Stock, indicating he retains a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,261 | $206.09 | $672K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of restricted stock units.
FAQ
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What insider transaction did Dave (DAVE) report for Kyle Beilman?
What does transaction code F mean in the DAVE Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.