Dave Inc. director Nima Khajehnouri filed an initial ownership report on Form 3. This filing establishes him as a reporting insider of the company but does not list any stock transactions, share acquisitions, or dispositions. It is an administrative disclosure rather than a trading event.
Hood River Capital Management LLC filed an amended Schedule 13G reporting beneficial ownership of 1,115,931 shares of Dave Inc. common stock, representing 9.15% of the class as of the stated event date. Hood River reports no voting power over these shares but has sole power to dispose of them.
The firm states the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Dave Inc., indicating a passive investment stance under the applicable SEC rules.
Dave Inc. furnished an update on its business by issuing a press release with certain preliminary financial results for the quarter and year ended December 31, 2025. These figures are based on current estimates and remain subject to completion of financial statement closing procedures, so final results may differ.
The press release, dated February 5, 2026, is provided as Exhibit 99.1 and is incorporated by reference. The company states that this information is being furnished, not filed, which limits its exposure to certain Exchange Act liabilities.
Dave Inc. director Michael W. Pope reported selling 544 shares of Class A Common Stock on February 2, 2026 at $162 per share. After this transaction, he beneficially owned 5,831 shares, held directly. The sale was made under a pre-established Rule 10b5-1 trading plan adopted on March 11, 2025, which is designed to allow insiders to sell shares according to a preset schedule.
A shareholder has filed a notice of proposed sale of 544 shares of common stock, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on or around 02/02/2026 on the NASDAQ market. The filing lists an aggregate market value of 89047.36 for these shares and states that there were 12,190,000 shares outstanding at the time of the notice. The shares to be sold were acquired as restricted stock units from the issuer on 01/31/2025, with the same date shown as the date of payment. The person for whose account the securities are to be sold represents that they do not know of any undisclosed material adverse information about the issuer’s operations.
Dave Inc. executive Kyle Beilman reported an option exercise and related share acquisition. On January 27, 2026, he exercised a stock option for 5,000 shares of Class A Common Stock at an exercise price of $1.42 per share. Following the transaction, he beneficially owned 155,556 Class A Common shares directly and 22,958 stock options. The filing notes that the option terms were adjusted for a 1-for-32 reverse stock split that took effect on January 5, 2023, and that the option vested 25% on July 15, 2019, with the remainder vesting in equal monthly installments.
Kyle Beilman, identified as CFO, COO and Secretary of Dave Inc. (ticker DAVE), reported insider sales on 09/19/2025. The Form 4 shows two dispositions totaling 59,541 shares of Class A common stock sold at weighted-average prices of $230.06 and $231.00, respectively. The filings state the sales were executed under a Rule 10b5-1 trading plan adopted on June 4, 2025. Following the reported transactions the reporting person’s beneficial ownership is shown as approximately 154,051–154,451 shares (direct ownership). The form is signed by an attorney-in-fact and includes an explanation that the $230.06 price is a weighted average from multiple executions between $230.00 and $230.90.
Jason Wilk, Chief Executive Officer and Director of Dave Inc. (DAVE) reported transactions dated 09/19/2025. He acquired 81,693 shares of Class V common stock at a $0 conversion price; those Class V shares are convertible one-for-one into Class A common stock and have no expiration. On the same date he sold a total of 81,693 shares of Class A common stock in multiple transactions executed pursuant to a Rule 10b5-1 trading plan adopted May 30, 2025—75,151 shares at a weighted average price of $230.21 (range $230.00–$231.00) and 6,542 shares at a weighted average price of $231.13 (range $231.00–$231.88).
After these reported transactions, the Form 4 shows Mr. Wilk beneficially owned 217,854 shares of Class A common stock (direct), 47,882 shares indirectly through a trust, and reported 1,314,082 derivative shares
Imran Khan, identified as a Director of Dave Inc. (ticker DAVE), reported multiple sales of Class A common stock on 09/17/2025. The Form 4 shows six sale transactions executed pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025 for Proem Investments Master Fund, LP and Proem Special Situations Fund I, LP. The reported dispositions total 8,535 shares sold across multiple prices (weighted-average price ranges listed), reducing the reporting person’s indirect beneficial ownership in the Proem Special Situations Fund I, LP to 48,885 shares. The filing is the third of three Form 4s filed by the reporting person on that date and includes detailed weighted-average price ranges for each grouped sale.
Imran Khan, a director of Dave Inc., reported multiple sales of Class A common stock on behalf of Proem Investments Master Fund, LP and Proem Special Situations Fund I, LP under a Rule 10b5-1 plan adopted March 14, 2025. The Form 4 covers sales executed on September 16-17, 2025, reducing indirect holdings reported for those funds across a sequence of transactions. Prices reported are weighted averages for grouped sales and range roughly from about $206.80 to $220.82 per share depending on the lots disclosed. The filing states this is the second of three Form 4s filed by the reporting person on the same date.