Dave Inc. (DAVE) director receives 637 restricted stock units as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Khajehnouri Nima reported acquisition or exercise transactions in this Form 4 filing.
Dave Inc. director Nima Khajehnouri received a grant of 637 shares of Class A common stock in the form of restricted stock units under the company’s 2021 equity incentive plan. These RSUs will vest fully on June 2, 2027 or on the next annual shareholder meeting, whichever comes first.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khajehnouri Nima
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 637 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 637 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 637 shares
Grant price: $0.00 per share
Post-transaction holdings: 637 shares
+1 more
4 metrics
RSU grant size
637 shares
Class A common stock underlying RSUs granted to director
Grant price
$0.00 per share
Restricted stock unit award consideration
Post-transaction holdings
637 shares
Total Class A common stock following reported grant
Vesting date
June 2, 2027
RSUs vest earlier of this date or next annual shareholder meeting
Key Terms
restricted stock unit award ("RSU"), Amended and Restated 2021 Equity Incentive Plan, vest in full, annual shareholder's meeting
4 terms
restricted stock unit award ("RSU") financial
"Represents shares of Class A Common Stock underlying a restricted stock unit award ("RSU") granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan"
Amended and Restated 2021 Equity Incentive Plan financial
"RSU granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan in connection with annual awards to directors"
vest in full financial
"The RSU will vest in full on the earlier of (i) June 2, 2027, and (ii) the date of the Issuer's next annual shareholder's meeting"
FAQ
What insider transaction did Dave Inc. (DAVE) director Nima Khajehnouri report?
Nima Khajehnouri reported receiving 637 shares of Class A common stock as a restricted stock unit grant. The award was issued under Dave Inc.’s Amended and Restated 2021 Equity Incentive Plan for service on the company’s Board of Directors.
Is the Dave Inc. (DAVE) Form 4 transaction a market purchase or a stock grant?
The Form 4 reflects a stock grant, not a market purchase. Khajehnouri received 637 restricted stock units at a price of $0.00 per share as compensation for board service, rather than buying shares on the open market.
When do Nima Khajehnouri’s 637 RSUs at Dave Inc. (DAVE) vest?
The 637 restricted stock units vest in full on the earlier of June 2, 2027 or the date of Dave Inc.’s next annual shareholder meeting. Vesting requires Khajehnouri to continue serving as a member of the Board of Directors until that date.