Dave CFO has 3,748 shares withheld for taxes
Dave Inc./DE’s CFO, COO and Secretary had shares withheld to cover taxes on RSU vesting, with no open-market sale reported.
Rhea-AI Filing Summary
Dave Inc./DE (DAVE) reported that its CFO, COO and Secretary, Kyle Beilman, had 3,748 shares of Class A Common Stock withheld on September 2, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units. This was a tax-withholding disposition, not an open-market sale, and left him holding 192,407 shares directly.
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Insights
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Insider Trade Summary
Tax Withholding: 3,748 shares
Tax Withholding
1 txn
Insider
Beilman Kyle
Role
CFO and COO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 3,748 | $372.85 | $1.40M |
Holdings After Transaction:
Class A Common Stock — 192,407 shares (Direct)
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.
Key Figures
Shares withheld for tax: 3,748 shares
Per-share value for withholding: $372.85 per share
Post-transaction holdings: 192,407 shares
+1 more
4 metrics
Shares withheld for tax
3,748 shares
Class A Common Stock withheld on September 2, 2026 for tax withholding
Per-share value for withholding
$372.85 per share
Assigned value for the 3,748 withheld shares
Post-transaction holdings
192,407 shares
Class A Common Stock directly held by Kyle Beilman after the transaction
Tax-withholding disposition shares
3,748 shares
Shares used to satisfy tax withholding upon RSU vesting
Key Terms
restricted stock units, tax withholding, withheld
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding financial
"to satisfy tax withholding upon the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
withheld financial
"Represents shares of Class A Common Stock withheld by the Issuer"
FAQ
What insider transaction did DAVE report for Kyle Beilman on this Form 4?
Dave Inc./DE reported that Kyle Beilman had 3,748 shares of Class A Common Stock withheld on September 2, 2026 to satisfy tax withholding upon the vesting of restricted stock units, classified as a tax-withholding disposition rather than an open-market sale.
Was the DAVE insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that the transaction was made pursuant to a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.