Dan Preston sells 550 Dave Inc. (DAVE) shares in planned trades

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Dave Inc. director Preston Dan reported open-market sales of Class A Common Stock. He sold a total of 550 shares over two days, including 275 shares on June 4, 2026 at $247.65 per share and 275 shares on June 5, 2026 at $259.83 per share. After these transactions, he directly holds 5,191 shares. The filing notes that at least one of the sales was executed under a Rule 10b5-1 trading plan adopted on December 10, 2025, indicating the trades were pre-arranged.

Insider Trade Summary 10b5-1

Net Seller: 550 shares ($139,557)

Net Sell 2 txns

Insider Preston Dan

Role null

Sold 550 shs ($140K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	275	$259.83	$71K
Sale	Class A Common Stock	275	$247.65	$68K

Holdings After Transaction: Class A Common Stock — 5,191 shares (Direct, null)

Footnotes (1)

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Key Figures

Total shares sold: 550 shares Shares sold on June 4, 2026: 275 shares Price on June 4, 2026: $247.65 per share +4 more

7 metrics

Total shares sold 550 shares Net shares sold across two open-market transactions

Shares sold on June 4, 2026 275 shares Open-market sale of Class A Common Stock

Price on June 4, 2026 $247.65 per share Sale price for 275 shares of Class A Common Stock

Shares sold on June 5, 2026 275 shares Second open-market sale of Class A Common Stock

Price on June 5, 2026 $259.83 per share Sale price for 275 shares of Class A Common Stock

Shares held after transactions 5,191 shares Dan Preston’s direct Class A Common Stock holdings post-sale

Rule 10b5-1 plan adoption date December 10, 2025 Date Preston adopted plan covering at least one sale

Key Terms

Class A Common Stock, open-market sale, Rule 10b5-1 trading plan, Form 4

4 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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.

Rule 10b5-1 trading plan regulatory

"executed pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/08/2026 - 07:30 PM

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^*

Preston Dan

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/04/2026		S⁽¹⁾		275	D	$247.65	5,466	D
Class A Common Stock	06/05/2026		S⁽¹⁾		275	D	$259.83	5,191	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this row were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 10, 2025.

	/s/ Joan Aristei as Attorney-in-Fact for Dan Preston	06/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Dan Preston report for Dave Inc. (DAVE)?

Dan Preston reported selling a total of 550 shares of Dave Inc. Class A Common Stock in open-market transactions. The sales occurred over two days and were disclosed on a Form 4 insider trading report filed with regulators for transparency.

On what dates did Dan Preston sell Dave Inc. (DAVE) shares and at what prices?

Dan Preston sold 275 Dave Inc. Class A Common shares on June 4, 2026 at $247.65 per share and another 275 shares on June 5, 2026 at $259.83 per share. Both transactions were open-market sales reported in the Form 4 filing.

How many Dave Inc. (DAVE) shares does Dan Preston hold after these sales?

After the reported open-market sales, Dan Preston directly holds 5,191 shares of Dave Inc. Class A Common Stock. This post-transaction balance is disclosed in the Form 4 and shows his remaining direct ownership position following the 550-share disposition.

Were Dan Preston’s Dave Inc. (DAVE) stock sales made under a Rule 10b5-1 plan?

At least one of Dan Preston’s sales was executed under a Rule 10b5-1 trading plan adopted on December 10, 2025. Such plans pre-arrange trades, helping insiders sell shares over time according to a preset schedule, reducing timing-related interpretation.

What type of security did Dan Preston sell in Dave Inc. (DAVE)?

Dan Preston sold Dave Inc. Class A Common Stock, as specified in the Form 4. All reported transactions involved non-derivative equity, meaning actual common shares rather than options, warrants, or other derivative securities linked to the company’s stock.