Form 4: Dave Inc. CEO Jason Wilk Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Jason Wilk, CEO of Dave Inc., disposed of 55,066 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 28, 2025, Jason Wilk, the CEO of Dave Inc., disposed of 55,066 shares of Class A Common Stock.
- The disposal was executed to satisfy tax withholding requirements upon the vesting of restricted stock units and performance-based restricted stock units.
- The price per share for the transaction was $100.66.
- Following the transaction, Wilk directly owns 196,382 shares of Class A Common Stock and indirectly owns 47,882 shares through a trust.
Sentiment
Score: 5
Explanation: The filing reflects a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Dave Inc., Jason Wilk, Stock Disposal, Tax Withholding, Class A Common Stock, Restricted Stock Units, Beneficial Ownership
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