Is the 637-share Dave (DAVE) RSU award a market purchase or a compensation grant?

The 637-share award is a compensation grant, not a market purchase. It is a restricted stock unit award with a zero-dollar price per share, issued as part of annual director compensation under Dave’s 2021 Equity Incentive Plan.

Dave (DAVE) director granted 637 RSUs vesting by 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

POPE MICHAEL W reported acquisition or exercise transactions in this Form 4 filing.

Dave Inc. director Michael W. Pope received an equity award of 637 shares of Class A common stock in the form of restricted stock units. These RSUs were granted as part of the company’s Amended and Restated 2021 Equity Incentive Plan for annual director compensation. The award will vest in full on the earlier of June 2, 2027 or the date of Dave’s next annual shareholder meeting, as long as he continues serving on the board. After this grant, he directly holds 6,468 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider POPE MICHAEL W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	637	$0.00	--

Holdings After Transaction: Class A Common Stock — 6,468 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 637 shares Grant price: $0.0000 per share Post-transaction holdings: 6,468 shares +1 more

4 metrics

RSU grant size 637 shares Restricted stock unit award to director Michael W. Pope

Grant price $0.0000 per share RSUs granted as compensation, not purchased on market

Post-transaction holdings 6,468 shares Class A common stock directly held after the grant

Vesting date June 2, 2027 RSUs vest on this date or at next annual meeting, whichever is earlier

Key Terms

restricted stock unit, Amended and Restated 2021 Equity Incentive Plan, vesting, annual shareholder's meeting

4 terms

restricted stock unit 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"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

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"

vesting 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"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

annual shareholder's meeting 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"

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Form 4 Insider Transactions: What Each Field Means →

06/04/2026 - 06:00 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^*

POPE MICHAEL W

(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)
06/02/2026

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)
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	06/02/2026		A		637⁽¹⁾	A	$0	6,468	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. 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 in connection with annual awards to directors for service as a member of the Issuer's Board of Directors. 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, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

	/s/ Joan Aristei as Attorney-in-Fact for Michael Pope	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did director Michael W. Pope receive in this Dave (DAVE) Form 4 filing?

Director Michael W. Pope received 637 shares of Class A common stock as a restricted stock unit award. The grant is part of Dave’s 2021 Equity Incentive Plan and represents routine equity compensation for his service on the board of directors.

When do Michael W. Pope’s 637 Dave (DAVE) RSUs vest?

The 637 RSUs vest in full on the earlier of June 2, 2027 or the date of Dave’s next annual shareholder meeting. Vesting is contingent on Michael W. Pope continuing to serve as a member of the board through that vesting date.

How many Dave (DAVE) shares does Michael W. Pope hold after this transaction?

After this award, Michael W. Pope directly holds 6,468 shares of Dave’s Class A common stock. This total includes the newly granted 637 restricted stock units reported in the Form 4, reflecting his updated direct ownership position in the company.

What plan governs the 637 RSU grant to the Dave (DAVE) director?

The 637 restricted stock units were granted under Dave’s Amended and Restated 2021 Equity Incentive Plan. This plan provides equity-based compensation, such as RSUs, to directors in connection with their annual service on the company’s board of directors.