Dave Inc. (DAVE) director sells 30,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

Dave Inc. director Andrea Mitchell reported selling a total of 30,000 shares of Class A Common Stock in open-market transactions. The sales took place on March 5 and 6, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on November 30, 2025. Footnotes state the reported prices are weighted averages for multiple trades, with sale prices ranging from $204.34 to $223.22 per share.

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).

X

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^*

Mitchell Andrea

(Last) (First) (Middle)

1265 SOUTH COCHRAN AVE

(Street)

LOS ANGELES CA 90019

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/05/2026		S		350(1)	D	$209.2(2)	36,159	D
Class A Common Stock	03/05/2026		S		1,848(1)	D	$210.41(3)	34,311	D
Class A Common Stock	03/05/2026		S		1,685(1)	D	$211.48(4)	32,626	D
Class A Common Stock	03/05/2026		S		300(1)	D	$212.53(5)	32,326	D
Class A Common Stock	03/05/2026		S		1,235(1)	D	$213.81(6)	31,091	D
Class A Common Stock	03/05/2026		S		4,029(1)	D	$214.88(7)	27,062	D
Class A Common Stock	03/05/2026		S		700(1)	D	$215.62(8)	26,362	D
Class A Common Stock	03/05/2026		S		600(1)	D	$217.16(9)	25,762	D
Class A Common Stock	03/05/2026		S		1,883(1)	D	$218.08(10)	23,879	D
Class A Common Stock	03/05/2026		S		800(1)	D	$219.28(11)	23,079	D
Class A Common Stock	03/05/2026		S		500(1)	D	$220.08(12)	22,579	D
Class A Common Stock	03/05/2026		S		570(1)	D	$221.42(13)	22,009	D
Class A Common Stock	03/05/2026		S		300(1)	D	$222.2(14)	21,709	D
Class A Common Stock	03/05/2026		S		200(1)	D	$223.22(15)	21,509	D
Class A Common Stock	03/06/2026		S		200(1)	D	$204.86(16)	21,309	D
Class A Common Stock	03/06/2026		S		803(1)	D	$206.26(17)	20,506	D
Class A Common Stock	03/06/2026		S		1,412(1)	D	$207.51(18)	19,094	D
Class A Common Stock	03/06/2026		S		1,782(1)	D	$208.28(19)	17,312	D
Class A Common Stock	03/06/2026		S		2,158(1)	D	$209.34(20)	15,154	D
Class A Common Stock	03/06/2026		S		1,645(1)	D	$210.32(21)	13,509	D
Class A Common Stock	03/06/2026		S		1,871(1)	D	$211.38(22)	11,638	D
Class A Common Stock	03/06/2026		S		496(1)	D	$212.65(23)	11,142	D
Class A Common Stock	03/06/2026		S		2,004(1)	D	$213.58(24)	9,138	D
Class A Common Stock	03/06/2026		S		1,007(1)	D	$214.6(25)	8,131	D
Class A Common Stock	03/06/2026		S		900(1)	D	$215.58(26)	7,231	D
Class A Common Stock	03/06/2026		S		722(1)	D	$216.74(27)	6,509	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.00 to $209.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.03 to $211.00, inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.05 to $212.03, inclusive.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.19 to $213.12, inclusive.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.30 to $214.17, inclusive.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.39 to $215.37, inclusive.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.39 to $215.95, inclusive.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.59 to $217.51, inclusive.

10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.69 to $218.63, inclusive.

11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $219.00 to $219.56, inclusive.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.04 to $220.22, inclusive.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.10 to $222.04, inclusive.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.19 to $222.22, inclusive.

15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.21 to $223.22, inclusive.

16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.34 to $205.33, inclusive.

17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.88 to $206.81, inclusive.

18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.88 to $207.87, inclusive.

19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.88 to $208.73, inclusive.

20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.88 to $209.77, inclusive.

21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.95 to $210.85, inclusive.

22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.95 to $211.79, inclusive.

23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.97 to $212.91, inclusive.

24. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.07 to $214.03, inclusive.

25. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.16 to $214.97, inclusive.

26. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.38 to $215.88, inclusive.

27. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.39 to $216.96, inclusive.

	/s/ Joan Aristei as Attorney-in-Fact for Andrea Mitchell	03/06/2026
	** 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.

FAQ

What insider transaction did DAVE director Andrea Mitchell report?

Andrea Mitchell reported selling a total of 30,000 shares of Dave Inc. Class A Common Stock. The Form 4 lists multiple open-market sale transactions executed over two days, reflecting a net decrease of 30,000 shares in her directly held position.

Over what dates did Andrea Mitchell sell DAVE Class A shares?

The reported sales of Dave Inc. Class A Common Stock occurred on March 5 and 6, 2026. Each day included multiple open-market transactions, all disclosed in the Form 4 with corresponding share amounts, weighted average sale prices, and updated share balances after each trade.

How many DAVE shares did Andrea Mitchell sell according to the Form 4?

The Form 4 shows that Andrea Mitchell sold 30,000 shares of Dave Inc. Class A Common Stock in aggregate. This total reflects 26 separate open-market sale transactions, as summarized in the filing’s transaction overview for the reporting period.

At what prices were Andrea Mitchell’s DAVE share sales executed?

Footnotes state the reported prices are weighted averages for multiple trades in each line item. Across all disclosed transactions, shares were sold in ranges from about $204.34 to $223.22 per share, with detailed price breakdowns available upon request from the issuer or the SEC staff.

Was Andrea Mitchell’s DAVE stock sale under a Rule 10b5-1 plan?

Yes. A footnote explains that the reported sales were executed under a Rule 10b5-1 trading plan adopted by Andrea Mitchell on November 30, 2025. Such plans allow pre-scheduled trading, helping insiders sell shares according to predetermined instructions.

What type of ownership did Andrea Mitchell report for the DAVE shares sold?

The Form 4 identifies the sold Class A Common Stock as held under direct ownership, marked with code “D.” There are no footnotes indicating that the trades were executed by a separate trust, partnership, or other indirect entity on her behalf.