Director at Dave (NASDAQ: DAVE) sells 544 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dave Inc. director Michael W. Pope reported selling 544 shares of Class A Common Stock on February 2, 2026 at $162 per share. After this transaction, he beneficially owned 5,831 shares, held directly. The sale was made under a pre-established Rule 10b5-1 trading plan adopted on March 11, 2025, which is designed to allow insiders to sell shares according to a preset schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 544 shares ($88,128)
Net Sell
1 txn
Insider
POPE MICHAEL W
Role
Director
Sold
544 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 544 | $162.00 | $88K |
Holdings After Transaction:
Class A Common Stock — 5,831 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Dave Inc. (DAVE) report for Michael W. Pope?
Dave Inc. reported that director Michael W. Pope sold 544 shares of Class A Common Stock. The sale occurred on February 2, 2026 at a price of $162 per share, as disclosed in a Form 4 insider trading report.
Was the Dave Inc. (DAVE) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan. This plan was adopted by Michael W. Pope on March 11, 2025, pre-scheduling trades to help reduce potential concerns about trading on nonpublic information.
What is Michael W. Pope’s role at Dave Inc. (DAVE)?
Michael W. Pope is identified as a director of Dave Inc. in the insider trading report. The Form 4 indicates he is not listed as an officer or 10% owner, but specifically checked as serving on the company’s board of directors.