Form 4: Dave Inc. CFO Kyle Beilman Executes Stock Sale

CFO and COO Kyle Beilman sold 4,122 shares of Dave Inc. Class A Common Stock to cover tax obligations.

Summary

• Reporting person Kyle Beilman, CFO and COO of Dave Inc., sold a total of 4,122 shares of Class A Common Stock on June 2, 2026.
• The sales were executed in two tranches: 49 shares at a weighted average price of $277.23 and 4,073 shares at a weighted average price of $275.00.
• Following these transactions, the reporting person retains beneficial ownership of 196,155 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale is explicitly disclosed as a tax-related transaction rather than a discretionary divestment.

Positives

• The sale was conducted specifically to satisfy tax withholding obligations related to the vesting of restricted stock units, indicating a routine administrative action rather than a change in sentiment.

Negatives

• Reduction in direct equity holdings by a key executive officer.

Risks

• None identified; the transaction is a standard tax-related sell-to-cover event.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that 'sell-to-cover' transactions are standard practice for executives receiving equity-based compensation and generally do not signal a change in management's outlook on the company's performance.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices where executives liquidate a portion of vested equity to cover mandatory tax liabilities.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax-related sell-to-cover.

Key Dates

Keywords

Dave Inc, DAVE, Insider Trading, Form 4, CFO, Equity Compensation