Dave Inc. (DAVE) CEO reports RSU tax withholding of 6,678 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dave Inc. Chief Executive Officer Jason Wilk reported a tax-related share disposition connected to restricted stock unit vesting. On March 4, 2026, 6,678 shares of Dave Inc. Class A common stock were withheld by the company at a value of $210.67 per share to cover tax obligations upon RSU vesting, rather than being sold in the open market.
After this withholding, Wilk directly owned 203,783 shares of Class A common stock and indirectly held an additional 47,882 shares through a trust. The filing reflects administrative equity compensation and tax treatment, not a discretionary market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wilk Jason
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,678 | $210.67 | $1.41M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 203,783 shares (Direct);
Class A Common Stock — 47,882 shares (Indirect, By Trust)
Footnotes (1)
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FAQ
What insider transaction did Dave Inc. (DAVE) report for CEO Jason Wilk?
Dave Inc. reported that CEO Jason Wilk had 6,678 shares of Class A common stock withheld to cover taxes upon RSU vesting. This was a tax-withholding disposition, not an open-market purchase or sale, and was processed on March 4, 2026.
Was the Dave Inc. (DAVE) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 6,678 shares were withheld by the company to satisfy tax liabilities triggered by restricted stock unit vesting, as described in the filing’s footnote.
What does transaction code F mean in the Dave Inc. (DAVE) Form 4?
In this Form 4, code F represents a payment of tax liability by delivering securities. The filing states that 6,678 shares of Class A common stock were withheld by Dave Inc. to satisfy tax withholding obligations upon RSU vesting.
How is the trust ownership disclosed in the Dave Inc. (DAVE) Form 4?
The Form 4 lists an indirect holding of 47,882 shares of Class A common stock with ownership described as “By Trust.” This indicates those shares are held through a trust, separate from Jason Wilk’s directly owned 203,783 shares.