Dave (DAVE) CFO Kyle Beilman sells 4,122 shares for tax obligations

Rhea-AI Filing Summary

Dave Inc. executive Kyle Beilman, the company’s CFO, COO and Secretary, sold 4,122 shares of Class A common stock in open-market transactions. The sales occurred on June 2, 2026 at weighted average prices around $275–$277 per share.

According to the disclosure, the shares were sold to satisfy tax obligations arising from the settlement of vested restricted stock units, meaning the transactions were tied to compensation-related vesting rather than a discretionary reduction of his equity stake.

Insights

Equity compensation and insider-trading analyst

Routine tax-related sales of vested equity, weak directional signal.

CFO/COO/Secretary Kyle Beilman sold 4,122 shares of Dave Inc. Class A common stock on June 2, 2026 in open-market transactions. Per the disclosure, these sales were made specifically to cover tax obligations from recently vested restricted stock units, a common feature of equity compensation.

The average sale prices reported were about $275 and $277.23 per share, with trades executed across price ranges noted in the footnotes. Because the activity is tax-driven rather than a discretionary portfolio move, it generally carries limited information about Beilman’s view of the company’s prospects.

There are no derivative exercises or new awards reported alongside these transactions, and the filing shows Beilman retaining a significant remaining share position. From an investor perspective, this looks like routine housekeeping of equity compensation rather than a thesis-changing event.

Insider Trade Summary

Net Seller: 4,122 shares ($1,133,659)

Net Sell 2 txns

Insider Beilman Kyle

Role CFO and COO and Secretary

Sold 4,122 shs ($1.13M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	49	$277.23	$14K
Sale	Class A Common Stock	4,073	$275.00	$1.12M

Holdings After Transaction: Class A Common Stock — 200,228 shares (Direct, null)

Footnotes (1)

1. Shares of the Issuer's Class A Common Stock were sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's Class A Common Stock in connection with the settlement of the vested portion of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.76 to $277.63, 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 range set forth in this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.27 to $275.01, inclusive.

Key Figures

Shares sold (total): 4,122 shares First block sold: 4,073 shares at $275.00/share Second block sold: 49 shares at $277.23/share +2 more

5 metrics

Shares sold (total) 4,122 shares Net shares sold by CFO on June 2, 2026

First block sold 4,073 shares at $275.00/share Class A common stock, open-market sale

Second block sold 49 shares at $277.23/share Class A common stock, open-market sale

Price range block 1 $276.76–$277.63 Weighted average price range for one sale group

Price range block 2 $274.27–$275.01 Weighted average price range for other sale group

Key Terms

restricted stock units, weighted average price, open-market sale, non-derivative, +1 more

5 terms

restricted stock units financial

"relating to the acquisition of shares ... in connection with the settlement of the vested portion 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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

""transaction_type": "non-derivative""

tax obligations financial

"were sold to satisfy tax obligations relating to the acquisition of shares"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beilman Kyle

(Last) (First) (Middle)

1265 SOUTH COCHRAN AVE

(Street)

LOS ANGELES CALIFORNIA 90019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Dave Inc./DE [ DAVE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and COO and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/02/2026		S(1)		49	D	$277.23(2)	200,228	D
Class A Common Stock	06/02/2026		S(1)		4,073	D	$275(3)	196,155	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares of the Issuer's Class A Common Stock were sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's Class A Common Stock in connection with the settlement of the vested portion of restricted stock units.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.76 to $277.63, 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 range set forth in this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.27 to $275.01, inclusive.

	/s/ Joan Aristei as Attorney-in-Fact for Kyle Beilman	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Dave (DAVE) CFO Kyle Beilman do in this Form 4 filing?

Kyle Beilman reported selling 4,122 shares of Dave Inc. stock. The Class A common shares were sold in open-market transactions on June 2, 2026, and the filing explains the sales were made to cover tax obligations from vested restricted stock units.

How many Dave (DAVE) shares did Kyle Beilman sell and at what prices?

Beilman sold a total of 4,122 Class A common shares. One block of 4,073 shares was sold at about $275 per share and another 49 shares at about $277.23 per share, with footnotes specifying weighted average prices and intraday trading ranges.

Why did Dave (DAVE) executive Kyle Beilman sell shares in this transaction?

The filing states the sales were to satisfy tax obligations. Specifically, taxes arose from the acquisition of Dave Class A common stock tied to the settlement of vested restricted stock units, indicating the activity is primarily compensation- and tax-related rather than discretionary selling.

Were Kyle Beilman’s Dave (DAVE) stock sales open-market transactions?

Yes, the Form 4 classifies both trades as open-market sales. The transaction code is “S,” described as “Sale in open market or private transaction,” and footnotes detail that the reported prices are weighted averages across multiple trades within stated price ranges.

Does this Dave (DAVE) Form 4 show any option exercises or derivative trades?

No derivative exercises or option transactions are reported. The derivativeSummary section is empty, and all reported activity involves non-derivative Class A common stock, reinforcing that this filing reflects straightforward stock sales connected to RSU vesting taxes.

What context do the footnotes provide in the Dave (DAVE) Form 4?

Footnotes clarify both the reason and pricing for the sales. They state shares were sold to pay taxes on vested RSUs and that the reported prices are weighted averages of multiple trades, with specific intraday price ranges available upon request to the issuer or the SEC staff.