Form 4: Director Yadin Rozov Receives Dave Inc. RSU Grant
Statement of Changes in Beneficial Ownership
Director Yadin Rozov was granted 637 restricted stock units as part of Dave Inc.'s annual director compensation program.
Summary
- Director Yadin Rozov acquired 637 shares of Class A Common Stock in the form of restricted stock units (RSUs).
- The grant was issued under the Issuer's Amended and Restated 2021 Equity Incentive Plan.
- The RSUs are scheduled to vest on June 2, 2027, or the date of the next annual shareholder meeting, whichever occurs first.
- Following this transaction, the reporting person directly owns 75,834 shares and indirectly owns 2,200 shares via a family foundation.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is contingent upon the reporting person's continued service as a member of the Board of Directors.
Future Outlook
The RSU award is subject to vesting conditions based on continued board service through June 2027 or the next annual meeting.
Industry Context
StockSavvy.ai notes that this filing represents standard corporate governance practice where board members receive annual equity grants to align their incentives with long-term shareholder value.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is a standard practice among publicly traded fintech companies to ensure board retention and alignment.
- The vesting schedule of one year is consistent with typical annual director compensation cycles in the technology sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of RSUs under the 2021 Equity Incentive Plan. | 06/02/2026 | Standard alignment of director compensation with company performance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant for board service.
Next Steps
- Vesting of the RSU award on June 2, 2027, or the date of the next annual shareholder meeting.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the RSU grant transaction. |
| 06/04/2026 | Date the Form 4 was signed and filed. |
| 06/02/2027 | Scheduled vesting date for the RSU award. |
Keywords
Dave Inc, DAVE, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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