Director Yadin Rozov receives 637-share RSU grant at Dave (NASDAQ: DAVE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rozov Yadin reported acquisition or exercise transactions in this Form 4 filing.
Dave Inc. director Yadin Rozov reported a stock-based compensation grant and his current holdings. He received 637 shares of Class A Common Stock underlying a restricted stock unit award at $0.00 per share, increasing his direct holdings to 75,834 shares. An additional 2,200 shares are held indirectly through a family foundation. The RSUs vest in full on the earlier of June 2, 2027 or the date of Dave’s next annual shareholder meeting, contingent on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rozov Yadin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 637 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 75,834 shares (Direct, null);
Class A Common Stock — 2,200 shares (Indirect, By Family Foundation)
Footnotes (1)
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Key Figures
RSU grant size: 637 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 75,834 shares
+2 more
5 metrics
RSU grant size
637 shares
Class A Common Stock underlying restricted stock unit award
Grant price per share
$0.00 per share
RSU award to director Yadin Rozov
Direct holdings after grant
75,834 shares
Class A Common Stock held directly by Yadin Rozov
Indirect holdings via foundation
2,200 shares
Class A Common Stock held indirectly by family foundation
RSU vesting date
June 2, 2027
Or earlier, on date of next annual shareholder meeting
Key Terms
restricted stock unit, Amended and Restated 2021 Equity Incentive Plan, vest in full, annual shareholder's meeting, +1 more
5 terms
restricted stock unit financial
"underlying a restricted stock unit award ("RSU") granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Amended and Restated 2021 Equity Incentive Plan financial
"granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan in connection with annual awards"
vest in full financial
"The RSU will vest in full on the earlier of (i) June 2, 2027, and (ii) the date of the Issuer's next annual shareholder's meeting"
continued service financial
"subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date"
FAQ
What did Dave (DAVE) director Yadin Rozov report in this Form 4?
Director Yadin Rozov reported receiving 637 shares of Dave Class A Common Stock through a restricted stock unit award at $0.00 per share. After this grant, he holds 75,834 shares directly and 2,200 shares indirectly via a family foundation.
What are Yadin Rozov’s total reported holdings of Dave (DAVE) stock?
Following the reported transactions, Yadin Rozov holds 75,834 shares of Dave Class A Common Stock directly. In addition, 2,200 shares are reported as held indirectly through a family foundation, giving visibility into both his direct and indirect equity exposure.
When do Yadin Rozov’s new Dave (DAVE) RSUs vest?
The 637 restricted stock units vest in full on the earlier of June 2, 2027 or the date of Dave’s next annual shareholder meeting. Vesting is conditioned on Rozov’s continued service on the Board of Directors through that vesting date.
What plan governs the restricted stock unit grant reported by Dave (DAVE)?
The restricted stock unit grant is issued under Dave’s Amended and Restated 2021 Equity Incentive Plan. This plan provides equity awards to directors, and in this instance supports annual stock-based compensation for Rozov’s service on the company’s Board of Directors.